Home / Knowledge / News / Textiles / Machinery producers demand favourable polices
Machinery producers demand favourable polices
Oct '10
The Chairman of Textile Machinery Manufacturers' Association (TMMA), Mr. Anuj Bhagwati stated that the government of India needs to make amendments in its fiscal policy, remove hurdles impeding the growth of textile engineering industry, and offer backing to improve technology production and exports of the industry in a bid to make the country a hub of textile machinery manufacturing.

The Chairman was addressing 50th Annual General Meeting of the Association, wherein he added that the industry needs significant support from the government to acquire competitive stance on the global platform.

Withdrawal of the import duty, levied on the dedicated components of textile machinery that are not manufactured indigenously and need to be imported, has also been demanded by the association from the government.

Moreover, it urged the government to rationalize the duties on importing all textile machinery items. Also, he asked the government to draw schemes to modernize textile engineering industry, technology up-gradation and productivity advancement.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 20th Oct 2016

Indian polyester market demand grows 14% in Q2 FY17: RIL

The Indian polyester market witnessed a demand growth of 14 per cent...

Fashion | On 20th Oct 2016

Replay to explore new markets in 2017

Replay, the iconic Germany based denim brand, is planning to get into ...

Textiles | On 20th Oct 2016

Pakistan proposes Rs200 bn for textile sector revival

A bailout package of Rs 200 billion has been proposed by the Pakistan ...

Interviews View All

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search