Browsing: TMMA

TMMA expressed, in its recently held 60th AGM serious concerns about the rising prices of the raw materials especially steel. At the time of booking April-May-June quarter, the steel prices were 15-40 per cent lesser than the current rates.

The production of the Textile Engineering Industry (TEI) recorded a decrease of 1 per cent viz. Rs 6,865 crore in 2018-19 as against Rs 6,900 crore achieved during 2017-18.

The company bagged export award winner for their outstanding performance under the category parts and accessories sector for the year 2018-19.

While speaking at the 59th Annual General Meeting of the Machinery Manufacturers’ Association (India) on September 27, 2019 at Hotel Trident, Mumbai, TMMA’s ex-Chairman Mehul Trivedi spoke on the production trends in the textile engineering industry.

The total domestic demand for textile machinery during 2017-18 was Rs 13,613 crore of which imported machinery constituted Rs 9,652 crore, says the report from TMMA.