Textile machinery exhibition ''Texpo-2007'' at Coimbatore in July

By Staff
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Google Oneindia News

Surat, Feb 1 (UNI) The southern India Mills Association(SIMA) and the Textile Machinery Manufacturers Association (TMMA) are jointly organising a textile machinery exhibition named ''Texpo-2007'', from July 26 to July 30 at CODISSIA Trade Fair Complex, Coimbatore.

''Apart from domestic textile manufacturing companies, a large number of companies from China, Korea and Taiwan also will participate in the exhibition,'' said TMMA secretary S.Chakrabarty.

According to TMMA chairman R.S.Bachkaniwala, the Indian textile industry has been growing rapidly for the last three years and the projects sanctioned under Technology Upgradation Fund Scheme(TUFS) was Rs.15,000 crores during 2005-06 and expected to grow by Rs.30,000 in the current year.

Mr Bachkaniwala also said that the textile engineering industry has shown an average compounded growth of over 30 percent for the last 2-3 years.

Mr Bachkaniwala said that the exhibition is organised at Coiombatore as the substantial part of investment in textile industry is attracted by southern states of Tamil Nadu and Andhra Pradesh.

UNI

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