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Welspun India re-appoints Rajesh Mandawewala as MD

Welspun India Ltd., India’s leading textile conglomerate, has re-appointed Rajesh Mandawewala as the Managing Director. His re-appointment has been approved by the Board for a period of five years effective April 1, 2017. Mandawewala, whose term is going to end on March 31, is the co-promoter of the firm and has been associated with the company since its inception. It is pertinent to note that Welspun has recently inaugurated its Advanced Textiles Plant at Anjar, Kutch, […]

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Only 10% of Indian textile items belong to technical textiles: Textile Commissioner

Only 10 per cent of Indian textile products belong to technical textiles compared to developed nations such as Germany where 50 per cent of textile products belong to technical textile category, informed Dr. Kavita Gupta, Textile Commissioner, Ministry of Textiles at the recently concluded 57th Joint Technological Conference. Organized by Bombay Textile Research Association (BTRA), the annual conference was attended by Ahmedabad Textile Industry’s Research Association (ATIRA), South India Textile Research Association (SITRA) and Northern […]

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Indian Textiles Minister inaugurates Welspun’s Advanced Textiles Plant

Indian Textiles Minister Smriti Irani has inaugurated the Advanced Textiles Plant of Welspun India Ltd., India’s leading textile conglomerate at Anjar, Kutch, Gujarat. With the inauguration of the plant, Welspun, placed amongst the largest home textile manufacturers in the world, has forayed into new technologies in its Technical Textile Business. The plant will have unique capabilities of Spun Lace and Needle Punch lines which can manufacture multilayer composites for various applications. BK Goenka, Chairman, Welspun […]

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Maharashtra (India) to get a new textile park

Maharashtra (India) Government has reserved 93 hectares of land in Lohara MIDC of the Yavatmal district for setting up a Textile Park. The work on the park is expected to start soon. “The setting up of a Textile Park in Yavatmal MIDC area was pending for a long time due to availability of adequate land. The proposal was initiated by the then Chief Minister Prithviraj Chavan himself,” said Madan Yerawar, Minister, Energy and Guardian Ministry. Also Read – […]

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Workshop in MP (India) on Special Package

A workshop was reportedly organized in Indian city of Indore in Madhya Pradesh by Textiles Ministry to elaborate about the measures suggested in the Rs. 6,000 crore Special Package announced last year by the Indian Government for the textile and apparel sector, to readymade garments and textile exports units. Indore is known for housing more than 2,000 readymade garments units. The event was attended by large number of delegates from Indore and Ujjain division, informed […]

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GST Council clears SGST, UGST

After CGST (Central GST), IGST (Integrated GST) and Compensation drafts, the GST Council headed by the India’s Finance Minister Arun Jaitley has given its nod to State UTGST (Union Territory GST) and SGST (state GST). This has further paved the way for GST to become a reality on July 1. “The 12th Council meeting approved UTGST and SGST. Officers had already done the groundwork, the drafts were already circulated. In the past meetings, the Council […]

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NEXIA taps Orange O Tec as its Indian marketing partner

Italian manufacturer of machines for industrial laundry, dyeing and treating clothing, NEXIA srl DeFranceschi has named Surat-based Orange O Tec as its marketing partner for India. NEXIA technologies on offer include washing machines, stone washing machines, stone-less system for washing machines, ozone production system, hydro extractors, dryers, laser marking system, static oven, laundry centrifugal washing machine double face type and laundry centrifugal washing machine frontal type. Its flagship technology is the NEXIA Ozone Production System. […]

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A.T.E. to market ‘Jingmei’ machines in India, Bangladesh

A.T.E. has teamed up with Quanzhou Jingmei Machine Co. Ltd. to sell ‘Jingmei’ brand circular knitting machines in India (excluding Ludhiana) and Bangladesh. It will also provide service support to Jingmei customers across India and Bangladesh and maintain certain essential spares for immediate distribution. Wholly-owned by the Santoni Group, the company has sold hundreds of circular knitting machines in India, Bangladesh, and other parts of the world which include China, Brazil, Mexico, Indonesia, Turkey, Pakistan, […]

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SIMA requests TN (India) Government to remove cess on cotton

India’s Southern India Mills’ Association (SIMA) has urged the State Government of Tamil Nadu to remove 1 per cent Agricultural Market Committee Cess on Cotton and Cotton Waste in the State Budget for the financial year 2017-18. “The Committee on GST had asked all states to decide at their level the issue of the cess as GST is likely to come in force from July next. With all states already announcing sops for the benefit of the textile industry, the […]

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India Ratings and Research predicts stable FY ’18 outlook for cotton textiles

Cotton textiles expected to see stable outlook in financial year 2018 after negative 2017. This has been stated by the India Ratings and Research (Ind-Ra). It’s not only cotton, the agency has also revised its outlook for synthetic textiles to stable for FY 2018 from negative for FY 2017. “The stable textile outlook is in view of stable input prices, healthy capacity utilisation and steady domestic demand scenario in FY18 and support emanating through fiscal […]

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Indian textile industry demands relaxation in social security schemes

At least 18 Indian textile associations, in a memorandum submitted to Labour & Employment Minister Bandaru Dattatreya, have reportedly asked for relaxation in some of the social security schemes such as Employees’ Provident Fund (EPF) and Employees State Insurance Scheme (ESIC). The trade bodied submitted the memorandum to Minister during his visit to Tamil Nadu recently. The associations have also sought flexible working hours for women which forms majority of the workforce in the textile […]

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Indian textile and clothing industry to reach US $ 314 billion by 2025

The value of India’s domestic market for textiles and clothing is expected to reach US $ 314 billion by the year 2025 – representing average growth of 14 per cent annum over a 12-year period.This has been stated in a report in the latest issue of Textile Outlook International from the business information company Textiles Intelligence. Strong expansion of the domestic market as well as higherexports, aided by Government incentives and support policies under New […]

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Sachin GIDC (India) yet to get a ‘proper’ hospital

Sachin GIDC, home to more than 2,250 units including weaving, textile ancillaries and textile dyeing and printing mills, in Surat (Gujarat), India is yet to get a ‘proper’ hospital to take care of the workers’ health. People working in Sachin GIDC are dependent on an ill-equipped dispensary in the area. In case of emergency situation, unit owners have to rush their workers, injured or severely ill, to the Government or private hospitals located some 11 […]

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GST to be implemented from July 1

The much-awaited Goods and Services Tax (GST), which will replace at least 17 state and federal levies, is expected to become a reality from July 1 this year as all the states have agreed on the implementation date. This was announced by Economic Affairs Secretary Shaktikanta Das recently. “GST implementation is a huge one and that is going to be implemented by July 1. Both central and State Governments are working on this,” Das was […]

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Proposed textile park in Tiruchi, India awaits execution

A textile park proposed to come up at Tiruchi, a south Indian city of Tamil Nadu, is getting delayed due to low interest of the administration.  As per a leading Indian daily, a meeting of experienced entrepreneurs in RMG sector was convened about six months ago and their views on infrastructure were sought. The proposal had some serious bottlenecks on site identification till it was finalized at the junction of Padalur and Irur panchayats on […]

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