Home / Knowledge / News / Textiles / Textile machinery sector rejoices textile boom
Textile machinery sector rejoices textile boom
Dec '10
Last few quarters have witnessed a strong revival in the textile sector of the country which has benefited the textile machinery segment, particularly the ones that source the spinning and weaving industries.

The textile machinery production in India registered a year-on-year growth of 52 percent, between October 2009 and September 2010, this year.

The spinning and weaving sectors also experienced a major boom during the period, as machinery production including the allied machines in both the sectors then rose by 72 percent. The spinning sector greatly contributed to the overall volume of the textile machinery produced in the country during the period with a 66.2 percent share.

Further, post economic crisis, owing to a vibrant domestic economy there has been a vigorous growth in the demand for textiles and regardless of the rise in the rates of raw materials including cotton and polyester, majority of the players have successfully shifted the burden of price rise to the end users.

Also, the Technology Upgradation Fund Scheme (TUFS) floated by the central government too has proved to be of assistance for the textile manufacturing industry and a number of textile firms have chosen to upgrade to take advantage from the scheme.

About Rs 2.82 billion were distributed under the scheme till June 2010 for fiscal 2011.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 26th Oct 2016

SGS develops 4C chemical management model for apparel

SGS, a leading inspection, auditing, certification, testing, and...

Textiles | On 26th Oct 2016

Platinum Equity acquires International Textile Group

International Textile Group (ITG) has been acquired by Platinum...

Textiles | On 26th Oct 2016

Whitehouse & URI Business Centre start RI textile network

Senator Sheldon Whitehouse and the University of Rhode Island...

Interviews View All

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Abhimanyu Singh Rathore & Barbara Anna Kosiorek

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Kevin Nelson

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

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Prathyusha Garimella
Prathyusha Garimella

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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