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Indian Textile Industry Trends For 2024 & Beyond

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Fibre

Birla Cellulose Top Ranked In Canopy’s Hot Button Report 2023

Textile Insights December 1, 2023
India’s top sustainable cellulose fibre producer, Birla Cellulose has achieved top ranking in Canopy’s Hot Button Report 2023 for its commitment to conserve endangered forests and promote circular solutions. Canopy, an environment focused not-for-profit entity, has released their annual Hot
Machinery

ITMA ASIA Successful For 40 Members Of VDMA Textile

Textile Insights December 1, 2023
This year’s edition of ITMA ASIA + CITME proved to be a success for the exhibiting VDMA member companies, with more than 40 VDMA member companies exhibiting their innovative products. Measured by booked square metres, Germany had the largest contingent, among the foreign exhibitors. “Although facing a difficult market situation, this year’s edition of ITMA […]
Export

2024 Vietnamese Textile & Garment Export Target Set At $40bn

Textile Insights December 1, 2023
The Vietnamese textile and garment industry has set a target of exporting textiles and apparels amounting to US $44 billion for the next year. This was informed by Vu Duc Giang, Chairman of the Vietnam Textile and Apparel Association (VITAS) at a press conference. This ambitious target has been set in the background of textile […]
Industry

Textile Exchange’s ETrackit For Tracking Certified Materials

Textile Insights December 1, 2023
Textile Exchange has unveiled the Electronic Trackit, or eTrackit, which will enhance integrity of supply chain traceability, by tracking the volume of materials certified to Textile Exchange standards. eTrackit is part of the organisation’s two-tier traceability offering for materials certified to its standards, working alongside dTrackit (Digital Trackit) and is a first
Policies

Indian Govt Moots Separate HSN Code For Recycled Textiles

Textile Insights December 1, 2023
The Indian Textiles Ministry has started a process to create separate tariff codes also called HSN codes, to keep a record of exports or imports of recycled textiles. Currently, these recycled textiles are exported or imported under the current and relevant HSN codes of textiles like yarns or fabrics, which makes it difficult to track […]
Dyes & Chemicals

Japan Bans PFHxS Use In Water Repellent Textiles & Apparels

Textile Insights December 1, 2023
Japan will ban the manufacturing and consumption of PFHxS (perfluorohexane sulfonic acid), which is an organic fluorine compound (PFAS) used in textiles and apparels. PFHxS is mainly used to manufacture water repellent textiles and clothing and the Japanese Ministry of the Environment has imposed prohibition on imports of PFHxS. In order to regulate use of […]
Apparel, Fashion, Retail

Chinese Fashion Retailer Faces Challenges Before Proposed IPO

Textile Insights November 30, 2023
Singapore headquartered but originally China based fast fashion retailer Shein, has plans to launch an initial public offering next year with listing at the New York stock exchange. But the brand which still has manufacturing facilities in China faces allegations that its products contain cotton from Xinjiang province, a province which is accused of using […]
Cotton

Indian Govt Initiates Pilot Project To Hike Cotton Output

Textile Insights November 30, 2023
The Indian government through the Textiles Ministry has initiated a pilot project in 10 states involving 15,000 farmers to hike output of the very best Indian cotton quality, by adopting best worldwide agricultural practices. “The outcome of this pilot project is expected in January 2024 and the data will be evaluated by Indian Council of […]
Technical Textile & Nonwoven

Taiwan To Boost Tamil Nadu Textile Industry Via Technical Textiles

Textile Insights November 30, 2023
A 15-member delegation from Tamil Nadu’s textile industry visited Taiwan to explore emerging opportunities in the segment of technical textiles under the aegis of the Confederation of Indian Industry (CCI). The Tamil Nadu textile sector is at a critical juncture as it seeks to expand and diversify its portfolio in line with emerging global opportunities. […]
Industry

Exports Of Indian MMF Textile Products To Leap By 2030

Textile Insights November 30, 2023
Manmade fibre (MMF) textile product exports from India are projected to leap due to the PLA scheme as well as the free trade agreements (FTA’s) signed with Australia and the UAE. Exports of MMF textile products are forecast to leap by a significant 75 percent to US $11.4 billion from $6.5 billion in fiscal 2022. […]
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    Indian Textile Industry Trends For 2024 & Beyond

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