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Machinery

Saurer – Innovative Solutions For Processing Fine Yarn Filaments

February 13, 2024

JEC World is one of the world’s leading trade fairs for the composites industry and will be held in Paris from 5th to 7th March 2024. As a partner to manufacturers and processors of glass fibre yarns, Saurer will welcome customers and interested visitors to booth K102 in hall 5.

Industry

Bangladesh’s RMG Export Journey: A Saga Of Resilience Amid Global Challenges

February 13, 2024

In the dynamic landscape of global trade, Bangladesh’s Ready Made Garment (RMG) sector has displayed commendable resilience and adaptability, as reflected in the performance data spanning from 2018 to 2023. In 2023, Bangladesh’s RMG exports surged to an impressive US$ 47.39 billion, marking a 3.67% growth compared to the preceding year. This robust performance

Industry

Organisations Must Balance Data Security And Privacy With Broader Objectives Of Business

February 13, 2024

As 2024 unfolds, organizational leaders, from the CEO down to the manager, have much on their plates. They are contending with diverse challenges to achieving sustained growth, navigating the impact and risks of emerging technology and attracting and retaining talent, to name just a few. For their part, Chief Information Security Officers (CISOs) are increasingly […]

Policies

Interim Budget’s Infra Push And Measures To Boost Rural Consumption Likely To Revive Textile Demand

February 13, 2024

The domestic textile and apparel sector has welcomed the Interim Budget 2024 presented by the Union Finance Minister Nirmala Sitharaman, even as it fails to meet the expectations in a true sense. Industry players and observers believe that some of the macro-economic initiatives and measures in terms of government’s commitment to fiscal consolidation with a […]

Industry

Sun Chemical Addresses Global Freight Challenges Amid Red Sea Crisis

February 13, 2024

In response to the ongoing geopolitical instabilities affecting maritime transportation through the Suez Canal and Red Sea, Sun Chemical has announced the implementation of selected freight surcharges on a global scale. Since November, the region has experienced severe disruptions, impacting approximately 30% of the world’s container trade. Delays and rerouting

Sustainability

Epson’s Dry Fiber Technology To Tackle Recycling Challenges In Fashion Industry

February 13, 2024

Epson, the tech giant, is on a mission to address the increasing global demand for recycled fibres by leveraging its revolutionary Dry Fiber technology. In a significant move towards achieving this goal, Epson has recently joined forces with The Hong Kong Research Institute of Textiles and Apparel Ltd (HKRITA), a renowned R&D centre specializing in […]

Economy

Bharat Tex 2024 To See Confluence Of Handlooms & Handicrafts

Textile Insights February 13, 2024

Bharat Tex 2024, India’s premier global textile event, is set to witness a grand confluence of iconic handloom and handicraft traditions from Gujarat, Maharashtra, Telangana, Uttar Pradesh, and Madhya Pradesh. These five Indian states are set to captivate the spotlight as they present a shared narrative of artistic excellence, featuring handloom craftsmanship, and

Corporates

TCG Invests Rs 1,250cr In Hiking FDY Capacity At Garden Silk Mills

Textile Insights February 13, 2024

The Chatterjee Group (TCG), a private equity investor has invested Rs 1,250 crore for expansion of FDY capacity at Surat based Garden Silk Mills. The new FDY plant has a capacity of 272 tons per day and state-of-the-art Oerlikon Barmag Wings+ machines will produce FDY for knitting and weaving applications. Additionally, TCG has invested in […]

Textile Park

No Allocation For Kakatiya Mega Textile Park In Telangana Budget

Textile Insights February 13, 2024

In the budget presented for 2024-25, the Telangana government did not announce any allocation for the massive Kakatiya Mega Textile Park (KMTP) in the state. Touted as a fibre-to-fabric facility, the foundation stone of KMTP was laid seven years back, but is still to be operational and was supposed to provide employment to 60,000 people. […]

Industry

Massive Hike In Credit Facility For Egypt Textile Mill Modernisation

Textile Insights February 13, 2024

A consortium of Swiss banks has increased the credit limit of Egyptian government owned Cotton, Spinning, Weaving and Garment Holding Co. The consortium which includes Credit Suisse, UBS Switzerland and other Swiss banks agreed to increase the existing credit facility from €20 million to a massive €375 million. The higher credit limit will continue to […]

Saurer – Innovative Solutions For Processing Fine Yarn Filaments

Bangladesh’s RMG Export Journey: A Saga Of Resilience Amid Global Challenges

Organisations Must Balance Data Security And Privacy With Broader Objectives Of Business

Interim Budget’s Infra Push And Measures To Boost Rural Consumption Likely To Revive Textile Demand

Sun Chemical Addresses Global Freight Challenges Amid Red Sea Crisis

Epson’s Dry Fiber Technology To Tackle Recycling Challenges In Fashion Industry

Bharat Tex 2024 To See Confluence Of Handlooms & Handicrafts

TCG Invests Rs 1,250cr In Hiking FDY Capacity At Garden Silk Mills

No Allocation For Kakatiya Mega Textile Park In Telangana Budget

Massive Hike In Credit Facility For Egypt Textile Mill Modernisation

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