Related Keywords: government's intiative, GTTES 2015, Indian textile machinery sector, ITME society, Make in India programme, to boost, to set up textile parke, upcoing new projects, with growth in textile sector
Indian textile machinery industry likely to boost with the growth in the textile sector and upcoming new projects along with the initiative taken to set up textile parks across the country by the government which help the textile machinery market to double to Rs 45,000 crore in the next 7 years from the present Rs 22,000 crore, according to India ITME Society Chairman Sanjiv Lathia.
Moreover, the Modi government's Make in India programme is also expected to help the textile sector by way of increase in demand for modern machineries.
