About 1,100 exhibitors, 38 countries, 17 chapters, 11 exhibiting halls, 41 product launches over six days period of exhibition made India ITME-2016 the largest and apex exhibition for textile machinery and technology in India. A total of 1,17,000 footfalls from 74 countries visited India ITME-2016.
Browsing: textile machinery
Jyotirmaye Textiles, during ITME 2016, finalised its requirement of 1,800 kg yarn conditioning system (YCS) with Elgi Electric and released the order and advance along with Elgi Electric?s selling partner Voltas Limited.
Brückner has recognised the trend already long ago and offers for many of the mentioned areas of application innovative machines and lines for a resource-saving production of technical textiles used in modern vehicles.
Despite the noticeable gaps in attendance of visitors at the 6-day event of India-ITME held at the BEC in Mumbai, it was the quality of visitors that cheered up the 1,000-odd exhibitors. Most of the exhibitors The ITJ met were concerned with the occasional thin crowds in some of the halls, but were overwhelmed by the fact that they received serious and genuine enquiries.
Cash crunch is very much the talk of the town today! Though demonetisation is a bold decision taken by the Government, it has left a sudden jerk in the entire textile chain. Textile retailers faced the immediate impact and other intermediaries in the value chain are facing it now with a lag of a few weeks with reduced orders due to slower offtake.
Orange O Tec Pvt Ltd, will be marketing cutting machines, pin tables, software, hanger systems, computerised tables and air tables produced by Serkon Makina, a leading Turkish manufacturer of textile and apparel cutting manufacturing technologies and equipment in the western and northern Indian markets.
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.