Panipat has become a textile hub with an annual turnover of Rs 30,500 crore per annum in domestic and international markets of textile industry. Members of the Haryana Chamber of Commerce and Industry, Panipat chapter, and around 1,200 members associated with the Handloom Exports Manufacturersâ€™ Association (HEMA) have decided to boycott China for not supporting Indiaâ€™s entry to NSG.
The Panipat exporters have decided to boycott the international summit on textile named â€œITMA ASIA + CITME 2016â€ to be held in Shanghai in October.
Ramesh Verma, president, HEMA, Panipat said that this is the mega show of all nine European Textile Machinery Associations, China Textile Machinery Association and Japan Textile Machinery Association.
Pritam Singh Sachdeva, chairman, HCCI, Panipat chapter said that they are also getting consent from the state body to boycott China for business deals.
India is a major competitor of China in textile industry .
A weekly report covering market and price information on the entire chain of polyester along with online access to daily polyester chain prices.
One-time reports that are issued annually cover the demand and supply trends in individual products including polyester, nylon, acrylic, viscose, and cotton.
One-time reports that are issued annually cover the demand and supply trends in the individual country's natural and manmade fiber/filament industries.
Countries Served Worldwide