India’s technical textile industry, still in its nascent stage, is witnessing growing domestic as well as global demand. Can increasing disposable incomes, growing investment, and the government’s power boost turn this into a $5 trillion economy in the next few years?
Browsing: technical textiles
The Textiles Ministry is bringing to form a structure under which the Production Linked Incentive (PLI) Scheme for technical textiles and manmade fibre (MMF) segment will roll out, Union Cabinet Minister, Smriti Irani said at an ASSOCHAM Foundation Week Programme recently.
The 10th Annual General Meeting of ITTA was held on 16 th December 2020 through video conferencing under the Chairmanship of Dr Sundararaman KS. The key note address was given by Punit Lalbhai, Executive Director, Arvind.
SGCCI in order to accelerate the production and export of technical textiles in Surat recently submitted the expression of interest (EOI) for setting up of the Export Promotion Council (EPC) for technical textiles.
India is working to be a global hub in the man-made fibre (MMF) and technical textiles segments, including setting up five integrated textiles parks, a testing lab and starting a Focused Product Scheme, according to textiles secretary Ravi Capoor.
Gerald Vogt is appointed as the new CEO of Stäubli Group. Vogt will take over as CEO from retiring Rolf Strebel on 1, January, 2021. Vogt was previously responsible for the global business of the Robotics Division, which will be headed by Christophe Coulongeat on 1, January, 2021.
Garware Technical Fibres Ltd (GTFL) becomes a leading global player in providing aquaculture solutions for farmed salmon. The company has dominant market-share in high salmon-farming countries like Norway, Chile, Scotland, Canada, among others.