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
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
The integration of technology in textile manufacturing is not just about adopting new tools but about reimagining the entire production process, writes N. Chandran The Indian textile industry’s rich heritage can be traced back to the Indus Valley civilisation, while modern textile manufacturing flourished in the 19th century. Being one of the biggest employment
According to the CBRE South Asia survey, global and Indian firms are increasingly exploring Tier-II/Tier-III cities as the next growth opportunity, aided by the presence of a skilled talent pool, competitive costs and developing infrastructure and connectivity. CBRE South Asia Pvt. Ltd, the leading real estate consulting firm, has announced the findings of its latest […]
The global market for finishing chemicals in coated fabrics is poised for substantial growth, projected to achieve US$ 20992.2 million by 2034. This surge is driven by increasing demand for protective clothing across various industries, where these chemicals enhance fabric functionality with features like flame retardancy, anti-static properties, and moisture-wicking
The global digital printing and dyeing machines market is set to experience significant expansion, projected to increase by US$ 10.51 billion from 2024 to 2028, growing at a robust CAGR of over 10.22% during this period, as reported by Technavio. This growth is primarily fueled by escalating worldwide demand for textiles and a noticeable shift […]
By embracing BRSR and transparency, MSMEs can navigate the evolving business landscape, secure their long-term success and contribute to a more sustainable future, says Periasamy S., Advisor, AIC-NIFTTEA The textile industry, a cornerstone of the Indian economy, is undergoing a paradigm shift. Consumers are increasingly demanding sustainable practices and ethical
The domestic textile industry has welcomed the Union government’s recent decision of imposing a minimum import price of $3.5 per kg on the five HS lines of MMF knitted fabrics. The move followed unprecedented surge in imports of these categories of MMF knitted fabrics, creating a havoc-like scenario for the industry. The industry has been […]
Swimwear has evolved by embracing elements of athleisure, emphasizing inclusivity, prioritizing sustainability and pushing the boundaries of innovation, writes Henry Dsouza, Associate Editor of Textile Insights Swimwear fashion has witnessed a fascinating evolution over the decades, reflecting changes in societal norms, technological advancements and shifting preferences
In 2023, India’s textile machinery trade went through ups and downs. It was a year of change, with some parts of the segment growing, while others facing challenges. Despite this, the sector showed resilience and adaptability. Let’s take a closer look at what happened in India’s textile machinery trade last year, exploring how it coped […]