Industry

Indonesian Textile & Garment Industry Grows 2.64% In Q1

Textile Insights May 25, 2024

The Indonesian Ministry of Industry reported that the textile and apparel industry experienced a growth of 2.64 percent year on year in the first quarter of 2024, after facing huge stress in the previous year. Textile and garment exports also grew marginally by 0.19 percent from a year ago

Industry

Intertek Announces Launch Of Its Icare Platform In India

Textile Insights May 21, 2024

Intertek, a provider of total quality assurance (TQA) solutions, has announced launch of its innovative iCare platform in India. “This one-stop digital portal is specifically designed to address the needs of the textile industry, following its successful debut in Türkiye last November,” Intertek said in a press release. iCare empowers textile manufacturers to seamlessly

Industry

TN Textile Mills & Garment Factories Face Shortage Of Workers

Textile Insights May 20, 2024

Textile mills and garment factories in Tamil Nadu, which were hit by a steep drop in orders since the last two years, are now facing a new challenge which is shortage of workers. With indications of revival of orders, the factories are slowly increasing production and hence are in need of more workers. The Tamil […]

Industry

TMMA’s Prashant Mangukia Contributes To ASSOCHAM CEO Roundtable

May 19, 2024

The Textile Machinery Manufacturers’ Association’s (TMMA) first Vice Chairman, Prashant Mangukia of Yamuna Machine Works, participated in a prestigious CEO Roundtable conference hosted by ASSOCHAM (The Associated Chambers of Commerce and Industry of India). The event, titled “India’s Century Vision for the Manufacturing Sector,” took place on May

Industry

AI To Revolutionize Indian Textile MSMEs: Sharad Tandon

May 19, 2024

The rise of artificial intelligence (AI) is poised to transform the textile industry, especially benefiting India’s micro, small, and medium enterprises (MSMEs), according to Sharad Tandon, CEO of Standon Consulting. In a recent online session on “Opportunities & Threats AI poses for MSME textile units” held by the Textile Association of India. Mumbai unit,

Industry

Bangla Apparel Makers Pay 645% Higher Undocumented Payments

Textile Insights May 16, 2024

Garment manufacturers from Bangladeshi pay up to 645 percent more than the official fees for renewal of licences or secure essential permits. The 645 percent higher charges are ‘undocumented payments’, a study by the Centre for Policy Dialogue (CPD) said. Quoting data from an exporter, the study informed that the company paid 645 percent higher […]

Industry

‘Chinese Investment Growth Driver Of Ethiopian Textile Sector’

Textile Insights May 16, 2024

Investment from Chinese investors is the backbone and driving growth and development of Ethiopian textile and garment industry. This was stated by Aklilu Tadesse, CEO of the Ethiopian Industrial Parks Development Corporation (IPDC). He said this during discussions between IPDC officials and the Ethiopian Investment Commission with potential Chinese investors who are

Industry

CITI Gears Up For Future That Envisions Thriving Textile Sector

Textile Insights May 14, 2024

The Confederation of Indian Textile Industry (CITI) is gearing up for a future that envisions a thriving textile sector till 2047, which also marks ‘New India’s’ fulfillment of aspirations. “The textile industry is crafting an action plan not just for the immediate future but for the long haul till 2047,” CITI Chairman Rakesh Mehra said. […]

Industry

Renewables Now Account For 30% Of Global Electricity Output

Textile Insights May 13, 2024

Global solar and wind energy now account for 30 percent of overall worldwide electricity generation, according to a report by global energy think tank Ember. Since 2000, renewables have expanded from 19 percent to more than 30 percent of global electricity, driven by an increase in solar and wind from 0.2 percent in 2000 to […]

Industry

Indonesian Textile & Apparel Sector Witnesses Growth In April

Textile Insights May 10, 2024

The Indonesian textile industry has shown encouraging growth in April 2024, overcoming the challenges like unprecedented hike in imported textiles and a decline in domestic demand some time ago. This was conveyed in the latest release of the Industrial Confidence Index (IKI) by the Ministry of Industry. Spokesperson for the Ministry of Industry, Febri Hendri […]