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ITMACH to attract investors with latest textile technologies

The 3rd edition of International Textile Machinery & Accessories (ITMACH) India will showcase latest technologies to investors in the sector. The show will be held from December 5 to 8 in Gujarat.  This edition is more significant as it will display the most modern technologies that were launched in the recently concluded ITMA in Barcelona. For example, world’s leading weaving machinery and technology supplier Picanol will be showcasing Airjet Omniplus- i loom with Smartshed which will be displayed working on denim fabric with warp beam from Arvind Mills and operate at production speed above 1000 rpm

From April-August 2019, about 90 companies have filed for Industrial Entrepreneurs' Memoranda (IEMs), related to investment in textile and clothing. Of these 90 proposals, 34 were related to yarn manufacturing (both cotton and MMF), weaving sector attracted 15 proposals, 14 proposals were related to the RMG sector, nine proposals were for textile processing, seven were for technical textiles, six for knitted fabrics, and four for home textiles.