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.
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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 59th Annual General Meeting of the Machinery Manufacturers’ Association (India) was held on September 27, 2019 at Hotel Trident, Mumbai.
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.
The Textile Machinery Manufacturers’ Association (TMMA), Mumbai organised its annual general meeting (AGM) on September 27, 2018 at Hotel Trident, Mumbai.