Machinery

Rieter Maintenance Kits – Spare Parts That Make A Difference!

Textile Insights August 10, 2024

Even the best spinning machines show signs of wear and tear after years of intensive operation. Investing in regular maintenance is smart and helps prevent breakdowns. Rieter maintenance kits combine spare and wear parts with the corresponding service life to improve machine performance and

Apparel, Fashion, Retail

From Virtual Try-Ons To Auto-Delivery: The Evolution Of Retail Apparel

Textile Insights August 10, 2024

The textile and apparel industry is undergoing a significant transformation, driven by technological advancements and evolving consumer preferences. The recently published “Adaptive Retail Report 2024” highlights several key trends that are shaping the future of this dynamic sector. Virtual Try-On Technology Revolutionizes Shopping One of the most notable

Economy

T&A Sector Has To Redeem Itself With Macro-Economic Budgetary Offerings

Textile Insights August 10, 2024

Even as the Union Budget 2024 has not been able to live up to the textile and apparel sector’s expectations in terms of direct benefits, the other macro-economic measures proposed by the Union Finance Minister to boost employment, skilling, infrastructure, start-up ecosystem, MSMEs, financial support for clean energy transition as also ensuing fiscal consolidation of […]

Trade & Market

India Follows Trend As Global Trouser Export Market Declines Across The Board In 2023

Textile Insights August 10, 2024

The 2023 global trouser export market faced significant challenges, with declines across most categories and regions, writes Henry Dsouza, Associate Editor, Textile Insights In 2023, the global trouser export market experienced a notable downturn, with total exports amounting to US$ 105.35 billion, reflecting an 8.76% decline compared to the previous year. Woven men’s

Trade & Market

Policy Countermeasures Offer Respite To Poly Yarn Makers In 2024-25: CRISIL Ratings Report

Textile Insights August 10, 2024

Recovery in profitability amid curbs on cheaper imports and modest capex support credit profiles After two years of subdued performance, India’s polyester yarn manufacturers will see operating profitability recover by 100-150 basis points (bps) to 7-8% this fiscal, because of countermeasures taken by the government to curb import of cheaper competing products, according to

Cotton

Global Cotton Market Outlook: Demand And Production Projections 2024-2033

Textile Insights August 10, 2024

The global cotton market is set for significant growth over the next decade, driven by rising consumption and advancements in production techniques, according to OECD-FAO Agricultural Outlook 2024-2033 report. Cotton consumption is forecasted to increase by 1.7% annually, fueled by population growth and higher incomes, particularly in middle- and low-income countries. Key

Special Report

The Importance of Proper Costing In Textile Industry

Textile Insights August 10, 2024

We cannot consider the same manufacturing cost per count for all counts, opines S. Murugan  “I don’t know what to do. Our prices are no longer competitive! I am losing orders because of my higher quotes and sometimes the profitability of some counts is not as per our costing profits!”. I was lamenting my difficult […]

Product Launch & Innovation

PicoNext Launches AI Assistant To Streamline Digital Product Passport Creation

Textile Insights August 10, 2024

PicoNext has unveiled its groundbreaking AI Assistant, an innovative generative AI feature designed to transform the creation of Digital Product Passports (DPPs). This pioneering technology, integrated into the PicoNext DPP platform, aims to eliminate the labour-intensive process of organizing product data, significantly reducing both time and costs associated with

Cotton

CITI And ILO Collaborate To Promote Rights At Work Among Cotton Farmers

Textile Insights August 10, 2024

India, the second-largest producer and consumer of cotton globally, cultivates cotton across 11 major states with about 6.5 million farmers, including 40% women and numerous migrant labourers on leased land. Given the sector’s vulnerabilities, CITI and ILO are partnering to promote Fundamental Principles and Rights at Work (FPRW) among cotton farmers, particularly

Special Report

Engineering Biology Is Expected To Disrupt All Industries

Textile Insights August 10, 2024

Organizations across all sectors are preparing for the transformative impact of engineering biology – the application of principles from biology and engineering, in conjunction with AI and data-driven computational techniques, to create new or redesigned biological systems for valuable purposes. They are looking to harness recent advancements in bioengineering to