With Indian textile industry aiming to double its exports and turnover in next five years, the textile machinery industry is expected to witness a robust demand. “For textile industry to achieve this growth, it has to rely on modern technology and engineering. Thus, we anticipate a strong demand …
Tag: Sanjiv Lathia
Textile machinery industry to touch Rs 35k cr in 5 yrs
Mumbai: The size of domestic textile machinery industry is poised to hit Rs 32,000-35,000 crore in the next five years from the present Rs 22,000 crore on the back of government initiatives like ‘Make in India’, an industry member said. “The textile machinery manufacturing secti…