News - Textile Insights - Page 375

Sustainability

Sustainable Apparel Coalition Renamed As Cascale

Textile Insights March 1, 2024

The Sustainable Apparel Coalition (SAC), a global nonprofit alliance that empowers collaboration to drive equitable and restorative business practices has been rebranded as Cascale. Cascale spans over 300 retailers, brands, manufacturers, governments, academics, industry associations, and

Machinery

LMW Showcases Excellence & Innovation At Bharat Tex 2024

Textile Insights February 29, 2024

LMW’s prominent presence at Bharat Tex 2024 showcased the company’s unwavering commitment to excellence and innovation in the textile industry. Positioned at the forefront of Pragati Maidan, New Delhi, LMW’s stall emerged as a focal point for industry professionals seeking cutting-edge solutions and expertise in spinning technology. A particular highlight

Export

Bangladesh Faces $27bn Apparel Export Hit From Extreme Weather

Textile Insights February 29, 2024

Bangladesh could lose a massive $27 billion in yearly apparel exports by 2030, if the country does not adopt a climate-adaptive approach due to high heat and floods. Around 2.5 lakh employees working in the garment sector are forecast to lose jobs due to climate-induced disruptions by 2030. This was the interpretation of a study […]

Industry

New Act To Fight Sexual Harassment In TN Textile Sector

Textile Insights February 29, 2024

Tamil Nadu has introduced the multi stakeholder Textile Industry Coalition (TiC), to spearhead fight against sexual harassment in the textile industry. The initiative aims to fortify the implementation of the Prevention of Sexual Harassment (PoSH) Act, ensuring a safer workplace for women. TiC is a collaborative platform, uniting brands, manufacturers, government entities,

Corporates

Indo Count Industries Inks Strategic Partnership With Accenture

Textile Insights February 29, 2024

Home textile manufacturer and exporter Indo Count Industries has inked a strategic and long-term partnership with Accenture, a global leader in digital transformation and technology services. “This collaboration marks a pivotal moment in Indo Count’s commitment to redefining and enhancing its business operations through cutting-edge digital technologies,” the company said

Event

Apparel Export Promotion Council Celebrates 46th Foundation Day

Textile Insights February 29, 2024

Apparel Export Promotion Council (AEPC) celebrated its 46th Foundation Day at its headquarters at Apparel House in Gurugram and the event began with lighting of lamp and cake cutting. Sudhir Sekhri, Chairman AEPC, Rakesh Vaid, Vice Chairman ATDC, HKL Magu Past Chairman AEPC, Gautam Nair, Committee Member, Mithileshwar Thakur, Secretary General AEPC and staff members […]

Corporates

Domestic Textiles Shows Strength in Natural Fibres At Bharat Tex

Textile Insights February 29, 2024

Domestic Textiles, a division of Grasim Industries participated at Bharat Tex 2024 and showcased its strengths in natural fibre segments like linen, wool, and cotton. Founded in 1949, Domestic Textiles operates through three key units – Jayashree Textiles, Vikram Woollens, and Grasim Premium Fabric. The company sources authentic European flax and offers a wide range

Export

Indian Apparel Factories Need To Be Fast Fashion Compliant

Textile Insights February 28, 2024

India’s textiles and apparel overseas shipments have dropped over the past five years by 7.6 percent to $34.24 billion in 2023 as against $37.16 billion in 2018. A report titled ‘Regaining Textile Glory’ by Global Trade and Research Initiative added that in the same five year period, India’s textile and garment imports grew 25.46 percent […]

Apparel, Fashion, Retail

Vietnamese Garment Exporters Launching Own Brands Worldwide

Textile Insights February 28, 2024

Vietnamese clothing manufacturing companies are actively launching and promoting brand development, with many of planning to introduce these brands in various countries. These companies began by introducing ‘Made in Vietnam’ apparel brands in the domestic market and then started launching them in overseas markets For example, May 10 Corporation has recently introduced two

Industry

Indian Apparel Sector Productivity Can Be Hiked 15%: Dr Bheda

Textile Insights February 28, 2024

A management consulting firm believes the Indian apparel industry has the potential to increase productivity by 15 percent which which translates into additional income of US $7.8 billion. Dr Rajesh Bheda, MD of Rajesh Bheda Consultants said the current value of clothing produced in India is $52 billion, of which share of domestic market is […]

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