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

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

Textile Print

Mimaki Elevates Printing With UV-LED Technology And Eco-Friendly Focus

Textile Insights August 10, 2024

Since launching the first UV printer with white ink in 2004, Mimaki have been a trailblazer in the development of innovative UV-LED technology. The company’s range of UV printers grew as recently as September last year, with the introduction of the UCJV330-160 and the UJV100-160Plus. In this blog, Marc Verbeem will detail how using UV-LED printing not only […]

Textile Print

Nazdar Implements G7 Methodology For DTG Printing

Textile Insights August 10, 2024

The introduction of inkjet printing into the Direct-to-Garment (DTG) market now allows for the implementation of the G7 methodology of colour control. This globally accepted method enhances colour consistency for printing processes on non-standardized substrates like textiles, which fall outside the Characterized Reference Printing Conditions (CRPC) used in commercial

Industry

Turmoil In Bangladesh: A Boon For Indian Textile Industry?

Textile Insights August 10, 2024

Bangladesh, which is currently embroiled in severe political crisis, is renowned for its thriving textile sector. The country’s substantial income from garment exports is now under threat due to the ongoing turmoil. As a result, global textile importers are beginning to explore alternative markets, including India. Bangladesh is a significant player in the global