Improving consumer confidence levels, pick up in discretionary spending and opening up of economies are assisting Indian textile companies to tide over the COVID 19 pandemic with continued rise in demand.
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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.
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 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.