Industry

Savio Empowers Textile Innovation With Lybra Smartspinner Training At Pordenone

August 13, 2023

Savio, a frontrunner in textile machinery for the yarn finishing segment, has recently conducted an immersive training course at its headquarters in Pordenone, Italy. The training was focused on their airjet spinning machine, the Lybra Smartspinner. Bringing together a dynamic consortium of

Industry

Dynamic Drape Measuring Digital Drapemeter Patent Granted To Professors Gokhale, Ukey And Dr. Kadole

August 13, 2023

Prof. Suhas D. Gokhale, Prof. Pravin H. Ukey and Dr. P. V. Kadole have announced a momentous achievement in the world of innovation. Their ingenious efforts have been officially recognized with the granting of a patent for their groundbreaking creation ‘Dynamic Drape Measuring Digital Drapemeter,’ as identified by Patent Number 442387. This invention represents

Industry

AAFA Calls For Urgent Action On Worker Rights In Bangladesh

August 11, 2023

The American Apparel & Footwear Association (AAFA) has recently addressed a crucial letter to Honorable Bangladesh Prime Minister Sheikh Hasina, highlighting concerns about worker rights and welfare in Bangladesh. As a prominent national trade association representing apparel and footwear companies, AAFA plays a vital role in the global market, representing over 1,000

Industry

Informal Workforce Aspires To Transit Into Formal Ecosystem

August 11, 2023

Quess Corp Ltd, India’s leading business service provider, has published the ‘New Collar Generation Report’ which uncovers the aspirations of India’s informal economy post-pandemic. The report reveals that a majority of workforce in India is still without any social security coverage, and their aspirations to move into an inclusive, secure lifestyle are taking shape. It

Industry

Empowering Early-Stage Entrepreneurs: Unveiling The Startup India Seed Fund Scheme

August 11, 2023

The Startup India Seed Fund Scheme offers a targeted solution to the financial challenges faced by early-stage startups, enabling them to focus on developing their ideas and accelerating their journey to becoming successful and sustainable businesses, says S. Periasamy. Early-stage startups face significant challenges in accessing the necessary financial resources to

Industry

Robot For Industrial Laundries Startup Bags €7 million financing

Textile Insights August 10, 2023

German industrial automation startup Sewts, which has launched Velum – a robot designed to help industrial laundries overcome labour shortages and strengthen operating efficiencies has closed a €7 million series A financing round. The funding round was led by Emerald Technology Ventures, CNB Capital, EquityPitcher Ventures and Nabtesco Technology Venture as new investors.

Industry

NITI Aayog Will Examine Inverted Duty Structure On Textiles

Textile Insights August 9, 2023

NITI Aayog, a government think-tank will examine tax-related issues, including inverted duty structure in three sectors of textiles, leather and engineering. “The issues will be taken up with higher authorities for finding a resolution and in turn promote growth of the sectors,” Economic Times quoted an official as saying. The inverted duty structure refers to […]

Industry

Tiruppur Hosiery Body Seeks Curbs On Bangla Garment Imports

Textile Insights August 8, 2023

The South India Hosiery Manufacturers’ Association (SIHMA) has called upon the central government to take measures in curbing apparel imports from Bangladesh. Additionally, the association highlighted the need to impose restrictions on raw cotton exports once the new cotton season begins from October 1. In a memorandum, AC Eswaran, President of SIHMA said around 40 […]

Industry

Smuggling Of Textiles & Clothing Kill Nigerian Textile Sector

Textile Insights August 8, 2023

Smuggling of textiles and garments through Nigeria’s land borders, has led to the closure of over 150 textile companies in the last few decades. The closure of the Nigeria and Niger road border has left several trucks stranded on the border, which are carrying smuggled and cheap textiles This was revealed by the Director-General of […]

Industry

Pakistani Textile Industry On Ventilator Support

Textile Insights August 7, 2023

Difficulties in the Pakistani textile industry, which accounts for 60 percent of Pakistan’s overall exports has been seriously affected by multiple factors in the last few years. They include the Covid-19 pandemic, slowdown in orders from the US and the EU, rise in energy costs, critical state of the economy and months of political chaos […]