At the 10th India International Textile Machinery Exhibition (ITME) to be held in Mumbai in December this year as many as 25 new products will be launched which would benefit the entire textile industry, include eight for the spinning sector, seven for processing and nine for weaving, said Chairman of India ITME 2016, Sanjiv Lathia.
Apart from new products, 162 new companies, including 32 from abroad, will participate and showcase their products at the six-day event beginning December 3.
The event, which is supported by the Union Heavy Industry and Textile Machinery Department with Gujarat as the state partner, makes it the only privately organized exhibition supported by central and state governments, Lathia said.
A new and exclusive hall for digital printing, testing and measuring equipment, dye stuff and chemicals will be showcased by overseas companies, including those from Taiwan, Turkey, Italy, China and Australia.
This time ITME 2016 is a catalyst in various sections and is estimating to see 1.5 lakh visitor footfall at the exhibition and also is the best avenue to take advantage of India's improving manufacturing competitiveness, cost advantage and large urban and rural market.
Another major attraction will be green technology and waste water technology from Italy, China and India, which will provide much required solutions for domestic textile units.
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