The production of the textile engineering industry (TEI) during 2016-17 recorded a nominal increase of 1 per cent to `6,650 crore as against `6,580 crore achieved during the previous year, mainly due the substantial increase in production of spinning machinery. Spinning machinery sector is expected to raise their production further during 2017-18.
Browsing: Textile Engineering Industry
The members of the Indian Textile Accessories & Machinery Manufacturers’ Association (ITAMMA) deeply mourns the sad and sudden demise of Suresh B Rao
The expectation from the new government in the centre was very high. However the situations at the ground level did not alter much. The government´s attention was concentrated on macro issues. This could not lift the morale of the industry.
The expectation from the new government in the centre was very high. However the situations at the ground level did not alter much. The government´s attention was concentrated on macro issues. This could not lift the morale of the industry.
S Senthilkumar, President, ITAMMA in his welcome speech mentioned that Government of India has recently proposed a drive in favour of indigenous manufacturing and taking several policy decisions to make its ´Make in India´ campaign successful; where changes have been made in import and export duty structures as well as excise and other areas which will help the textile engineering industry to make the business at ease.
Began as an offshoot of the textile industry, the Indian textile machinery industry, today, is reckoned as one of the largest sectors in the country. The roots of the textile engineering industry (TEI)