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Trident bags European Patent For Air Rich Yarn & Fabric

Textile Insights July 24, 2023

Trident Ltd has been granted a European patent for “Process of Manufacturing a Fabric with Homogeneous Pores”. The present invention comprises a method of producing Air rich yarn and fabric with pores throughout the cross-section thereby producing Air Rich fabrics and yarns which have high

Industry

Century Textiles & Industries Slips Into Loss In Q1FY’24

Textile Insights July 24, 2023

Aditya Birla Group owned Century Textiles & Industries slipped into a loss in the first quarter of fiscal ending June 2023 as against profit in the same quarter of previous fiscal. The company posted net loss of Rs 5.88 crores for the period ended June 30, 2023 as against net profit of Rs 46.31 crores […]

Sustainability

EURATEX Highlights Concerns On EP’s Ecodesign Regulation

Textile Insights July 24, 2023

In response to the European Parliament’s (EP) position on the Ecodesign Regulation, EURATEX said it regrets the EP’s approach to target the textile industry in a regulation designed to be a framework legislation for all sectors. The Ecodesign Regulation aims to improve the environmental sustainability and circularity of products placed on the EU market, including […]

Cotton

Chinese Agri Ministry Reduces Projection For Cotton Imports

Textile Insights July 24, 2023

Although there are expectations of a lower cotton crop in the 2023-24 cotton season, the Agriculture Ministry of China still reduced its projection for cotton imports on expectations of weaker demand from textile mills. The Agriculture Ministry of China, which is the largest cotton producer in the world, in a statement has also urged its […]

Event

Messe Frankfurt Hosting ‘Mission Net Zero India Summit’ in Dec

Textile Insights July 24, 2023

Messe Frankfurt and Constellar are together organizing the first ‘Mission Net Zero India’ Summit in New Delhi from 7-8 December, 2023. “As part of its efforts to achieve climate neutrality by 2070, India is investing billions of dollars and working together with other countries to significantly drive forward the development for sustainable energy and mobility,” […]

Cotton

GOTS Certified Facilities Increase 10% In 2022

Textile Insights July 22, 2023

In the two decades since its inception, Global Organic Textile Standards (GOTS) has expanded its reach and impact in 2022. This has resulted in a 10 percent year on year increase in certified facilities totaling to 13,549 facilities across 84 countries, through 24 GOTS-approved Certification Bodies. In 2022, the organisation hosted the inaugural GOTS Conference […]

Trade & Market

Messe Frankfurt Picks Stake in Denim Show Organiser Kingpins

Textile Insights July 22, 2023

German exhibition organiser Messe Frankfurt, which organises several trade shows in various countries has bought a stake in denim trade show and US based Kingpins. The strategic partnership will see Messe Frankfurt’s extensive experience and resources combined with Kingpins’ unique expertise” to foster innovation, collaboration, and growth within the denim community.

Technical Textile & Nonwoven

World Of Wipes Conference Stresses On Cotton Based Nonwovens

Textile Insights July 22, 2023

The 17th edition of World of Wipes international conference organised by INDA, began on July 18 with its largest gathering ever, with around 500 people attending the three-day event in Atlanta. “The first day talks focused heavily on sustainability and the efforts by the global nonwovens sector to become carbon neutral,” Seshadri Ramkumar, Professor, Texas […]

Industry

Closed Bangla Jute Mills Will Be Converted In To Textile Units

Textile Insights July 22, 2023

Bangladesh Jute Mill Corporation (BJMC) will now allow even textile mills and factories to be set up in the state owned jute mills which were closed down a few years ago due to mounting losses. The Bangladesh government had shutdown 25 state owned jute mills in one stroke due to recurring losses. Since then, BJMC […]

Industry

Indian Cotton Yarn Sector To Witness 5-7% Growth In FY’24

Textile Insights July 22, 2023

Indian cotton yarn industry is likely to witness 5-7 percent year on year growth in sales volume, while the operating margin is expected to expand by 100-150 bps from a year ago in fiscal 2023-24. “Factors contributing to this improvement include the alignment of Indian cotton prices with international prices and a shift in demand […]