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Category: textile

  • India’s Largest Garment Technology Expo (GTE 2022) winds up with massive success – Primex News Network

    India’s Largest Garment Technology Expo (GTE 2022) winds up with massive success – Primex News Network

    More than 15500 visitors visited the exhibition

    More than 500 brands exhibited

    New Delhi [India], May 30: After getting a massive response in the last edition, Garment Technology Expo (GTE 2022) organised the 31st edition to display a rich mix of garment stitching and processing technologies from over 500 brands and companies. Today, the mega show windes up at the NSIC Exhibition Complex, Okhla, New Delhi.

    As India’s largest Garment Technology Expo attracted visitors from all around India and neighbouring countries, including Bangladesh, Sri Lanka, Nepal, and Myanmar, renowned brands like  IIGM, HCA, Juki, Magnum, Mehala, Tukatech, E.H.Turel, ALT, Ramsons, Baba Textiles, Richpeace, INL International participated at the expo.

    Mr. Ricky Sahni, Joint Managing Director at Garment Technology Expo, said, “We feel proud and privileged to be hosting the bulk of the garment machinery, equipment, spares, and accessories suppliers operating in India at this 31st edition of GTE. Building on the success of the previous 30 editions, we promise to offer the best possible services and conveniences to buyers and sellers, alongside the widest display and range of latest garment technologies, supplies & services.”

    Visitors at GTE 2022 got the chance to witness the latest advancements in garment production, including  CAD / CAM, Sewing Machines, Knitting Machines, Embroidery Machines, Digital Textile Printing, Laundry Machines, Quilting Machines, Fusing Machines, Finishing Equipment, Spreading & Cutting Machines, Printing & Packaging Machines, Hot Air Seam Sealing Machines, Fancy Yarn Machines, Dyeing Machines, Dyes, Fabrics, Fancy Yarns, Non-Woven Bag Making Machine, Software Solutions, Spares & Attachments, Accessories & Trims, Testing Equipment, Support Services, etc.

  • HEWA – Primex News Network

    HEWA – Primex News Network

    New Delhi (India), April 19: The Home textile Exporters Welfare Association (HEWA) claimed in a statement that India’s annual textile export in the fiscal year 2023 is anticipated to reach $60 billion, with the government fully exempting imports of cotton from customs duties till September 30, 2022.

    HEWA, an apex body of the home textile exporters and manufacturers said the exemption would benefit the entire textile value chain—yarn, fabric, garments, and made-ups—and provide relief to the consumers. The move will also ease the pressure on demand, and stability in raw cotton prices, and end the volatile situation persisting for the last six months, thereby helping the textile exporters achieve splendid growth in FY23.

    India witnessed a significant rise in textile export to the tune of $43 billion in 2021-22 compared to $33 billion in 2020-21 following various policy initiatives such as the extension of RoSCTL, the introduction of the RoDTEP scheme, Technical Textile Mission, PLI Scheme, PM-MITRA, releasing of due and arrears by the government and the geo-economic shift post-pandemic, stated HEWA.

    The textile exports in 2022 could have been much higher had there not been a sharp rise in the cotton prices from October 2021. The price of the Shanker 6 variety increased from Rs 59,000 per cotton candy of 365 kg to Rs 95,000 per candy till April-2022.

    HEWA has urged the government to stop the uncontrolled exports of raw materials to nations such as China and Bangladesh, which disrupt the supply-demand cycle of raw materials in India. The government must remove raw material incentives to boost exports of value-added commodities and maintain employment equilibrium in the textile industry. Value addition and finished goods can generate ten times the number of job possibilities and more than twice the amount of revenue in exports.