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INDIA: Voltas in pact with Thies for textile processing

The textile machine division (TMD) of Voltas Limited has entered into an alliance with M/s Thies of Germany, whereby it would sell and service Thies products in India. The alliance will tap into the market potential of the processing segments, wh ich offer unique opportunities for India to augment its share in the international textiles trade. Voltas and Thies will join forces to address a peculiar structural weakness in the industry where spinning and garmenting have enjoyed significant growth, while weaving and processing have fallen far short of their true potential. The relationship promi ses to be a fruitful combination of complementary strengths--Voltas as a long-established provider of project solutions and technology support for Indian textiles and M/s Thies with its global pre-eminence in solutions for the textile processing industry.

 

Added: March 5, 2009 Source: Agencies

 

 

 

 

 

      

Highlights of the Foreign Trade Policy

The Hon’ble Union Minister of Commerce & Industry, Government of India, had announced the Foreign Trade Policy on 8th April’05. Some of the Salient Features / Highlights of the proposals pertaining to Textile Industry in general and Handlooms in particular are. >> More

 

Salient features / Highlights of the Foreign Trade policy

 

Modern Processing Houses

The Indian Home Textile Industry has access to excellent infrastructure facilities and uses the latest technology and machinery.

Many manufacturers have set up state-of-the-art modern processing houses to roll out large volumes of high quality products to meet the international market demands and expectations. Needless to say that India’s Textile Exports have grown exponentially over the last decade.

Eco- Friendly Dyes: Use of Azo-Free Colours

The manufacturers in India are well aware that AZO free colours and dyes should be used. India has discarded the usage of banned materials in the dyeing process with safe substitutes, to ensure eco-friendliness of the products manufactured by the industry.