Browsing: Textile Industry

Sanjay Garg, President NITMA , welcomed the proposal of Union Budget 2021-22 as the grant to textile and clothing sector is budgeted at Rs 3,631.64 crore which is about 10 per cent higher than previous year’s revised budget of Rs 3,300 crores in 2020-21.

The digital textile printing market is estimated to be worth $8.8 billion by 2027.

The Union Minister for Finance & Corporate Affairs, Nirmala Sitharaman presented the Union Budget 2021-22 in parliament today, which is the first budget of this new decade and also a digital one in the backdrop of unprecedented COVID-19 crisis.

The requirements of drives and motors are different for different textile processes. But the ultimate aim of all electrical drives and motors irrespective of the process is to boost productivity and improve performance.

Finance Minister Nirmala Sitharaman began her 2021 budget speech in New Delhi with a quote by Rabindranath Tagore. FM Sitharaman said, “Faith is the bird that feels the light and sings when the dawn is still dark.”

Anuj Bhagwati, Head of A.T.E. Group emphasises the importance of safety and sustainability in a post-pandemic world and shares thoughts on the need for sustainable development for a better future.

As you can see changes are happening on micro and macro scales. So how to map the scenario or vision is a very difficult task, writes Avinash Mayekar.