The Indian Government has approved the Amended Technology Upgradation Fund Scheme (ATUFS) in place of Revised Restructured Technology Upgradation Fund Scheme (RRTUFS) with a one-time capital subsidy for eligible bench-marked machinery for a period of seven years from 2015-16 to 2021-22.
Browsing: Textile Industry
From January 2017, all units in India across the textile value chain, except handloom, khadi and jute, will have to register online and provide data on production.
Dr KV Srinivasan, Managing Director, Premier Mills Pvt Ltd, Coimbatore was elected as the Chairman of the Council of Administration. Sanjay Jayavarthanavelu, Chairman and Managing Director of Lakshmi Machine Works Ltd, Coimbatore was elected as Vice-Chairman of the Council of Administration.
SPGPrints B.V. and Stovec Industries Limited (Stovec) have revealed sales of several inkjet and rotary screen printing machines during ITME 2016.
Seiko Epson Corporation, a pioneer of digital textile printing, has announced two new innovation hubs, which will join Epson’s established Textile Solution Center in Como, Italy.
Andritz Nonwoven, part of international technology Group ANDRITZ, has received two orders from Fujian NanFang Textile Co Ltd (PRC) to supply two new neXline spunlace nonwoven lines for its new plant in the city of NanPing, China.
Surat-based textile manufacturer, Laxmipati Sarees, Siddhi Vinayak Knots & Prints Pvt Ltd is one of the leading manufacturers in polyester saree and women dress material in India. Sanjay Sarawagi, its Director, places great value on high-quality products.