With the onset of GST regime, there have been a lot of concerns amongst the member-exporters regarding LUT/ BOND/ Bank Guarantee, refunds, fate of export promotion schemes etc. To address the concerns of the exporters, the Indian Textile Accessories And Machinery Manufacture Association (ITAMMA), organised the seminar on imports and exports.
Browsing: ITAMMA
Texfair 2017 in Coimbatore ended on an optimistic note with the textile industry looking forward to a happier 2018.
With more than 50,000 small, medium and large-scale industries and textile mills in an around Coimbatore and Tirupur, an event as big as Texfair, which focuses on textile machinery, accessories and spares, is a must for the Southern market of India. In its 11th edition, Texfair 2017, organised by the Southern India Mills’ Association (SIMA), provided a platform for the stakeholder to zero in their investments and expenses prudently, showcase their inventions and cost effective items and other products, enable the technocrats and shopfloor technicians to update their knowledge on the latest technology and create an awareness on cost cutting, to encourage micro, small and medium entrepreneurs also to showcase their products and get exposure to the market. Texfair 2017 was held from November 17-20, 2017 at Codissia Trade Fair Complex, Coimbatore.
As the textile industry moves more into innovative, value-added products, the demands on the machinery and spares manufacturers for quality, innovation, on-time service, turnkey solutions, R&D are increasing rapidly.
“The textile Industry is growing and we are lucky to be the part of it in this era,†said ML Jhunjhunwala, President of RSMW Limited, while delivering the Guest of Honour address at 73rd AGM of the Indian Textile Accessories And Machinery Manufacturers’ Association (ITAMMA), which was held on September 30, 2016 at MC Ghia Hall, Mumbai.
Will India be the next China? The debate is still on, while China is taking all necessary steps to keep its fortunes in textiles intact. Leave alone China! After attending the ITM Turkey a few weeks ago, the spotlight for some textile interested persons like me is now on Turkey and India.
In 12 halls covering a total area of 120,000 m2 at the TUYAP Fair, Convention and Congress Center, Istanbul, Turkey, over 1,200 exhibitors of ITM 2016 showcased their machines, components and parts from June 1 to 4, 2016 to one of the world´s biggest textile market, Turkey.
ITAMMA is one of the oldest and largest textile engineering associations in the world. It has organised many events helping its members from the textile engineering industry by providing a platform for business interaction with the industrialists and entrepreneurs from the textile industry.