TMMA 55th AGM focuses on exports, R&D

TMMA 55th AGM focuses on exports, R&D

The Textile Machinery Manufacturers´ Association (TMMA) (India) hosted a 55th Annual General Meeting on August 13, 2015 at Sunset Lounge, Hotel Trident, Mumbai.

The Textile Machinery Manufacturers´ Association (TMMA) (India) hosted a 55th Annual General Meeting on August 13, 2015 at Sunset Lounge, Hotel Trident, Mumbai.

In his welcome address, Prakash K Bhagwati, Chairman, TMMA, welcomed Chief Guest Dr RA Mashelkar, National Research Professor, CSIR-National Chemical Laboratory. Dr Mashelkar is presently also the President of Global Research Alliance, a network of publicly funded R&D institutes from Asia-Pacific, Europe and USA with over 60,000 scientists.Speaking about the current economic scenario, Bhagwati said, ´India grew 7.5 per cent in the October-December quarter, according to the estimates released, overtaking China´s 7.3 per cent growth in the same quarter, to become the fastest growing major economy in the world. In order to maintain and surpass 7.5 per cent growth rate for future, new government is taking positive and effective steps. Make in India initiative of Prime Minister should benefit in general capital goods Industry like ours.¨

On production trends, Bhagwati said, ¨The total provisional production of textile machinery, parts & accessories during 2014-15 had recorded a slight increase of 3 per cent viz. Rs.6,960 crore as against Rs 6,775 crore achieved during the previous year with poor utilisation of installed capacity at 63 per cent. Proportion of local sales to imported sales of textile machinery has remained at level of 40:60 ratio. This ratio has become adverse in past years as second-hand shuttleless looms together with Chinese low tech looms continue to be imported at not only concessional or Zero rate of duty but also under favourable terms of TUF scheme.¨

On exports, he added: ¨The exports during 2014-15 had been estimated at Rs. 2,466 crores as against Rs. 2,277 crores achieved during 2013-14. We expect a good exports during 2015-16. Exports of TEI have been gaining rapidly on account of FDI who earmark part of their production for Asian developing countries.¨

After the introductory speech, Bhagwati revealed out the names of the new office bearers of TMMA for 2015-16. (See complete list of new officer bearers in the box)TMMA also presented Export and R&D Awards at the Annual Session of the Association. The organisation presented eight Awards for Export Excellence and four Awards for Research and Development for the year 2014-15.

List of Export Excellence awards include: Rieter India for TMMA Apex Export Award 2014-15; Lakshmi Machine Works Ltd for TMMA Segment Export Award 2014-15 for Machinery Sector; Inspiron Engineering for TMMA Segment Export Award 2014-15 for Parts & Accessories Sector; Premier Evolvics Pvt Ltd for TMMA Segment Export Award 2014-15 for Textile Testing, Monitoring & Controlling Instruments Sector; Truetzschler India for TMMA Special Export Award 2014-15 for Spinning Machinery Sector; Peass Industrial Engineers, Navsari for TMMA Special Export Award 2014-15 for Weaving Preparatory & Weaving Machinery; Kusters Calico Machinery for TMMA Special Export Award 2014-15 for Processing Machinery Sector; and Lakshmi Card Clothing for TMMA Special Export Award 2014-15 for Parts & Accessories Sector.

R&D awards include: Lakshmi Machine Works Ltd for their development of Card LC 363/361, Premier Evolvics for their development of Ultimo Roving Stop Motion and Veejay Lakshmi Engineering for their development of Energy Efficient Spindle Assembly for Two-For-One Twister Machine.

Dr RA Mashelkar, National Research Professor – CISR – National Chemical Laboratory, took us through his past and his journey so far.

R Rajendran, Incoming Chairman of the Association, proposed the vote of thanks.

CATEGORIES
TAGS
Share This

COMMENTS

Wordpress (55)
  • comment-avatar

    Hey would you mind letting me know which web host you’re working with?
    I’ve loaded your blog in 3 different browsers and
    I must say this blog loads a lot faster then most.

    Can you suggest a good web hosting provider at a honest price?
    Cheers, I appreciate it!

  • comment-avatar

    You ought to take part in a contest for one of the highest quality websites
    online. I most certainly will highly recommend this web site!

  • comment-avatar

    prescription strength allergy meds how long do antihistamines take to work best antihistamine decongestant combo

  • comment-avatar

    best sleep aids for seniors meloset 3 mg canada

  • comment-avatar

    acne oral medication for teenagers order tretinoin cream best acne pills prescription

  • comment-avatar

    cost zithromax 500mg generic zithromax azithromycin online

  • comment-avatar

    cost gabapentin 600mg neurontin 800mg us

  • comment-avatar

    cheap azithromycin 500mg azithromycin medication buy azithromycin generic

  • comment-avatar
  • comment-avatar

    buy omnacortil 5mg generic buy omnacortil cheap omnacortil 10mg price

  • comment-avatar

    amoxil 500mg without prescription buy amoxicillin tablets buy generic amoxicillin 1000mg

  • comment-avatar

    albuterol inhalator price buy ventolin 4mg online cheap albuterol inhalator for sale

  • comment-avatar

    levothyroxine canada purchase levothroid sale order synthroid 75mcg online

  • comment-avatar

    order levitra 20mg buy levitra cheap

  • comment-avatar

    how to buy clomid buy generic clomid over the counter order clomid online cheap

  • comment-avatar

    deltasone 20mg cost buy prednisone no prescription buy generic prednisone for sale

  • comment-avatar

    cheap semaglutide rybelsus 14mg uk order semaglutide 14mg generic

  • comment-avatar

    buy isotretinoin 20mg pill generic isotretinoin 40mg buy accutane no prescription

  • comment-avatar

    ventolin inhalator online order where can i buy albuterol ventolin over the counter

  • comment-avatar

    augmentin 625mg cheap cheap augmentin 375mg augmentin 1000mg cheap

  • comment-avatar

    levothyroxine for sale synthroid buy online oral synthroid 150mcg

  • comment-avatar

    order neurontin 100mg online buy neurontin 600mg pills order gabapentin

  • comment-avatar

    buy furosemide 100mg online cheap buy furosemide 40mg online order furosemide 100mg without prescription

  • comment-avatar

    viagra sildenafil 100mg order sildenafil 50mg sale sildenafil viagra

  • comment-avatar

    order doxycycline 100mg online monodox for sale online doxycycline 200mg usa

  • comment-avatar

    buy semaglutide 14mg generic rybelsus 14 mg us buy semaglutide paypal

  • comment-avatar

    gambling casinos real money casino games online casino gambling

  • comment-avatar

    order vardenafil 10mg generic levitra 10mg for sale levitra 20mg us

  • comment-avatar

    cialis sales tadalafil 10mg us purchase cialis generic

  • comment-avatar

    canada online pharmacies Canadian Pharcharmy Online canadianphrmacy23.com
    canada rx pharmacy [url=http://canadianphrmacy23.com/]canadian pharcharmy online[/url]

  • comment-avatar

    order aralen 250mg pills buy aralen 250mg sale order chloroquine 250mg generic

  • comment-avatar

    buy orlistat online cheap diltiazem brand order diltiazem generic

  • comment-avatar

    lipitor 20mg brand atorvastatin oral buy generic lipitor 10mg

  • comment-avatar

    buy zovirax 800mg pills order allopurinol 100mg pills order allopurinol 100mg

  • comment-avatar

    buy norvasc online cheap norvasc oral norvasc 10mg price

  • comment-avatar

    order crestor buy generic ezetimibe online ezetimibe 10mg uk

  • comment-avatar

    lisinopril 5mg generic brand zestril purchase prinivil online

  • comment-avatar

    motilium 10mg pill motilium uk tetracycline 250mg for sale

  • comment-avatar

    canadian pharmacies generic ed medication I thought about this
    viagra canada online pharmacy [url=http://canadianphrmacy23.com/]Canadian Online Pharmacies[/url]

  • comment-avatar

    buy prilosec pill prilosec uk omeprazole 10mg oral

  • comment-avatar

    … [Trackback]

    […] Read More to that Topic: indiantextilejournal.com/tmma-55th-agm-focuses-on-exports-rd/ […]

  • comment-avatar

    buy metoprolol 100mg sale order lopressor 50mg online cheap order metoprolol 100mg online cheap

  • comment-avatar

    atenolol order buy atenolol 50mg for sale cheap atenolol 50mg

  • comment-avatar

    medrol 16 mg without prescription methylprednisolonee online methylprednisolone 4 mg tablets

  • comment-avatar

    order inderal 10mg for sale order plavix online cheap plavix drug

  • comment-avatar

    buy ondansetron pills spironolactone 25mg ca spironolactone generic

  • comment-avatar

    imitrex over the counter order sumatriptan 50mg online cheap buy levofloxacin 500mg pill

  • comment-avatar

    avodart over the counter zantac drug buy ranitidine 150mg generic

  • comment-avatar

    brand simvastatin 10mg zocor 10mg brand buy valacyclovir 1000mg sale

  • comment-avatar

    order order penicillin online where can i buy amoxil

  • comment-avatar

    buy flagyl 200mg generic – buy clindamycin generic azithromycin 250mg generic

  • comment-avatar

    … [Trackback]

    […] Find More here on that Topic: indiantextilejournal.com/tmma-55th-agm-focuses-on-exports-rd/ […]

  • comment-avatar

    buy generic cleocin for sale – chloramphenicol uk chloromycetin online

  • comment-avatar

    Superb post however , I was wondering if you could write a litte more on this topic?

    I’d be very grateful if you could elaborate a little bit further.
    Cheers!

  • comment-avatar

    medrol cost in usa – montelukast cheap order azelastine 10ml for sale

  • Disqus ( )