Gartex Texprocess India 2025 Sees Record Footfall & Deals
Organized by Messe Frankfurt India and MEX Exhibitions, the event emphasized the sector's shift towards automation, sustainability, and direct industry engagement. The expo was inaugurated by Maharashtra's Hon'ble Minister of Textiles Shri Sanjay Savkare, with Uttar Pradesh participating as the State Partner.
Global participation added momentum, with Taiwan Sewing Machinery Association's pavilion drawing attention. Industry leaders, including Levi's, Walmart, and Arvind Fashions, explored innovations in dyes, printing, water-saving denim, and automated machinery.
Exhibitors like Suryalakshmi Cotton Mills, Jindal Worldwide, and Syama Denims praised the platform's value in fostering B2B engagement, while machinery leaders such as IIGM, Mehala Machines, and Ramsons highlighted the growing demand for automated and sustainable technologies.
Gartex Texprocess India continues to be a crucial marketplace for sourcing, networking, and tech-driven transformation. The next edition is slated for 21–23 August 2025 in New Delhi, with the Mumbai edition scheduled for 09–11 April 2026.
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Hindustan Times
a few seconds ago
- Hindustan Times
July liquor sales hit by 50% rise in excise duty
Mumbai: Liquor sales dropped significantly in July compared to the first quarter of the 2025-26 financial year on the back of a 50% hike in excise duty in the last week of June. Representational image (Getty Images) The hike pushed up prices of Indian made foreign liquor (IMFL) and country liquor by nearly 60% and 20% respectively, while sales of IMFL and country liquor in July dropped by 10.9% and 9.70% respectively compared to average monthly sales in the April to June quarter. Beer sales, generally low during the monsoon months, too registered a 30% dip in July. Officials from the excise department, however, said the dip in sales would not affect revenues as the quantum of increase in excise duty was much more than the hike in retail prices. 'Our additional revenue target for the 2025-26 financial year was ₹14,000 crore,' said an excise department official requesting anonymity. 'Since the implementation started at the fag end of the first quarter, we expect to generate ₹10,500 during the remainder of the financial year despite a further dip in sales likely in August, when the old stock with lower prices is completely exhausted from the market.' Another official from the department said they expect IMFL consumers to shift to Maharashtra Made Liquor (MML), a new category introduced by the state government to promote domestic manufacturers. 'The excise duty on MML has been kept significantly low to give them a level-playing field,' the official said. However, Sanjit Padhi , chief executive officer of the International Spirits and Wines Association of India (ISWAI) said the shift to MML would hit revenue collection and the government would fall short of its target for the year. 'We reiterate that the rise in prices needs to be reviewed at the earliest,' Padhi said. Vinod Giri, director general, Brewers Association of India, said sales of beer were likely to go up significantly later this month and in September as older stocks of IMFL with lower prices get exhausted. 'We had a mild summer and good monsoon this year so beer sales were hit significantly,' he said.
Time of India
an hour ago
- Time of India
CUMTA to roll out app to integrate metro, bus, last-mile connectivity
Chennai: Chennai unified metropolitan transport authority (CUMTA) will roll out a single ticketing app in the first week of September to integrate Metro Rail, MTC buses, Namma Yatri autos, and cabs. MRTS and suburban trains will be added later this year. While cities like Mumbai and Bengaluru already have integrated ticketing for buses and metros, Chennai's app will make it the first initiative in India to bring cabs, autos, buses, metros, and trains onto one platform. For example, a commuter travelling from Nandanam to VR Mall can open the app, whose name is yet to be finalised, enter start and end points, and receive the best route. This could mean taking the metro to Koyambedu and then a Namma Yatri auto to the mall, with a single QR code generated for the entire journey. Once the commuter exits at Koyambedu, the auto will be booked automatically, with payment for the auto made separately. You Can Also Check: Chennai AQI | Weather in Chennai | Bank Holidays in Chennai | Public Holidays in Chennai | Gold Rates Today in Chennai | Silver Rates Today in Chennai The project, costing around 8.75 crore in labour and establishment expenses, is backed by a primary contract with Namma Yatri and MoUs with MTC and CMRL. Agreements with Southern Railways for MRTS and suburban trains are in the pipeline. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like American Investor Warren Buffett Recommends: 5 Books For Turning Your Life Around Blinkist: Warren Buffett's Reading List Undo CUMTA aims to promote 'Mobility as a Service', encouraging people to choose public transport. With MTC's 34.5 lakh daily riders, suburban and MRTS rail's 9.27 lakh, Metro's 3.3 lakh, and over 7,000 Namma Yatri trips a day, the service will unite all modes in five phases. Phase two will integrate fares, and phase three will extend the service beyond the city. The app, initially called 'Anna-Ride Booking', will get its official name and logo next month after a meeting with chief minister M K Stalin and CUMTA's chairperson. Commuter Rithvik K, at Thousand Lights Metro, said, "This is great if implemented without bugs. Half the time I fear cancellations from drivers of cab aggregators. If this app books an auto automatically, that worry is gone." Principal architect in Urban Design Collaborative, Nirmal S John Britto, said, "Cities like London have a similar app called Citymapper, so this is a first for India. But like Google Maps, it must adapt to Indian realities. In the West, apps give real-time updates on road closures or repairs. We don't have that here. It should also recognise micro-streets in areas like Sowcarpet or Royapettah, which add historical value for first-time commuters. Without that, it may fall short." Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area. Get the latest lifestyle updates on Times of India, along with Happy Krishna Janmashtami Wishes ,, messages , and quotes !
Time of India
an hour ago
- Time of India
IBM to support Maharashtra in developing quantum computing initiative
Global tech giant IBM on Wednesday said it will support Maharashtra in developing its quantum computing initiative. The US-headquartered company having a presence in the western state also signed a letter of intent with the Maharashtra government to identify opportunities of support for the state's quantum initiatives, as per a statement. IBM will offer expertise, which Maharashtra may use to help craft its own quantum initiative, and also contribute to the development of the state's quantum ecosystem through workshops and other skills development efforts. "Through our collaboration with IBM, we will harness quantum innovation to transform lives, while building a skilled talent pool to democratise its benefits and make them accessible to every citizen of the state," Maharashtra chief minister Devendra Fadnavis said. The company's general manager for Asia Pacific Hans Dekkers said the effort should be seen as a commitment to help Maharashtra build its own vibrant quantum ecosystem. IBM India and south Asia's Managing Director Sandip Patel welcomed the opportunity to engage with the state government on advancing quantum computing skills. Fadnavis on Wednesday inaugurated the tech major's client experience centre at a new facility in the country's financial capital which is designed to support Indian enterprises' use of AI, hybrid cloud, and quantum computing. The centre will serve as a place where experts from the company and partners can create solutions for India's business challenges. It will also have solutions and services from the company's AI portfolio, including the watsonx platform, data and automation, cybersecurity, hybrid cloud, and consulting-led transformation.
