Trade & Market

India and EFTA Sign Trade & Economic Partnership Agreement

India and the European Free Trade Association (EFTA) signed a Trade and Economic Partnership Agreement (TEPA) on March 10, 2024 Addressing on the occasion, Piyush Goyal, Minister of Commerce and Industry, Food and Consumer Affairs, and Textiles, stated, “TEPA marks a modern and ambitious trade agreement. For the first time, India is signing an FTA […]
Machinery

Belairo – The Perfect Yarn For Towels

Towels are consumer goods that have to fulfil many expectations: those of private consumers as well as industrial users such as hospitals and hotels. Absorbent, easy to wash, lint-free, colour-fast, durable, sustainable without a lot of chemicals – to name just a few of the requirements. For towel manufacturers, the demands on yarn quality and […]
Economy

Domestic T&A Industry Likely To Turn Around On Global Demand Revival

The last ITMF Global Textile Industry Survey (GTIS) was conducted in January 2024. It revealed a significant improvement in the business climate, signaling a potential turning point driven by lower inflation rates, increased real wages and consumer sentiment in the USA, alongside expectations of interest rate cuts. Business expectations for July 2024 reached a peak […]
Special Report

Tracing Success: How Technology Drives Value In Supply Chain

The concept of integrating transparent relationships with digital and physical traceability tools harbours broad potential. This approach could be tailored to support traceability across various other commodities, writes Alison Ward Global supply chains have reached unprecedented levels of complexity. Companies now face a growing imperative to achieve comprehensive