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Pakistani Textile Exports Grow For Second Consecutive Month

Textile Insights February 17, 2024
Pakistani textile exports grew for the second consecutive month in January 2024 and totaled US $1.45 billion, up 10.10 percent year on year and 3.98 percent month on month. Cotton yarn exports registered a remarkable 19.78 percent year on year growth and stood at $81.295 million. However, they
Cotton

Aussie Trade Body Pitches For Australian Cotton Mark On Apparel

Textile Insights February 17, 2024
Aussie cotton trade body Cotton Australia is pushing brands and retailers to apply and display the Australian Cotton mark on their products, from underwear to socks, towels, sheets and clothing. Cotton Australia said that there has been an increase in retailers and brands applying to use its Australian cotton mark and so Aussie shoppers will see […]
Sustainability

Galaxy Of Speakers Address TAI Sustainability Conference

Textile Insights February 17, 2024
The Textile Association (India), Mumbai Unit which recently organised International Conference on ‘Sustainability and Circularity – The New Challenges for the Textile Value Chain’ on January 2024 witnessed attendance of 275 delegates. VC Gupte, Chairman, TAI, Mumbai Unit explained the concept of circularity and circularity model, in which all materials are viewed as
Economy

250 Exhibitors Participating At Intertextile Home Textiles

Textile Insights February 16, 2024
Over 250 exhibitors from seven countries and regions have booked their booths for the Spring Edition of Intertextile Shanghai Home Textiles taking place from March 6-8 in Shanghai. “Synchronising with China’s peak sourcing season, the upcoming show will cater to the diverse needs of buyers seeking the newest solutions to spring the home textiles industry […]
Economy

Pakistan Textile Sector Faces Risk Of 50% Closures: APTMA

Textile Insights February 16, 2024
The Pakistan textile industry faces risk of closure of 50 percent of companies due to soaring energy prices. “Urgent government action is needed to address the crisis and safeguard the sector’s competitiveness, employment, and economic stability,” the All Pakistan Textiles Mills Association (APTMA) said. APTMA added that escalating energy prices threaten survival of
Machinery

Textile Creels Maker Cygnet Texkimp Celebrates 50th Anniversary

Textile Insights February 16, 2024
Cygnet Texkimp, a manufacturer of creels for the textile and technical fibre industries is celebrating its 50th anniversary. In the past 50 years, the UK company has expanded its portfolio for the composites and technical fibre industries including prepreg, coating, slitting, filament winding, automation, and end-of-life recycling solutions. In the early 2000s, due to a
Economy

Birla Cellulose Showcasing Sustainability Efforts At Bharat Tex

Textile Insights February 16, 2024
Birla Cellulose will showcase their unwavering commitment to the global textile industry and sustainability initiatives at Bharat Tex 2024 in Hall 1, Stall G003 at Bharat Mandapam. According to a Birla Cellulose press release, this participation underscores its dedication to fostering innovation, collaboration, and sustainable practices within the textile sector. Birla
Financial Results

Aditya Birla Fashion & Retail Slips In To Q3FY’24 Loss

Textile Insights February 16, 2024
Aditya Birla Fashion & Retail Ltd (ABFRL), India’s major apparel retailer slipped in to a loss at Rs 77.87 crore in the third quarter of fiscal quarter ended December 31, 2023 Incidentally, the Aditya Birla Group company had reported net profit at Rs 15.79 crore in the third quarter of fiscal 2022-23. Total revenue in […]
Machinery

AxisValence Helps Neutralise Static Charge In Textile Machines

Textile Insights February 16, 2024
AxisValence, a business unit within the A.T.E. Group, primarily serves the print and packaging industry, but also plays a significant role in certain segments of the textile industry as well. AxisValence specialises in designing and manufacturing application-oriented products with an aim to enhance safety, quality, and productivity while minimising wastage. “In the textile
Industry

SIMA Raises Awareness In Textile Sector On ‘Competition Law’

Textile Insights February 15, 2024
SIMA conducted an awareness programme titled ‘Competition in Textile Market’ to enable textile manufacturers to understand the scope of the Competition Law to sustain competitiveness and achieve sustained growth. V. Sriraj, Joint Director (Law), Southern Regional Office, CCI addressed the participants on the role played by CCI at the awareness seminar, which was attended
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