News - Textile Insights - Page 547

Industry

Closed Bangla Jute Mills Will Be Converted In To Textile Units

Textile Insights July 22, 2023

Bangladesh Jute Mill Corporation (BJMC) will now allow even textile mills and factories to be set up in the state owned jute mills which were closed down a few years ago due to mounting losses. The Bangladesh government had shutdown 25 state owned jute mills in one stroke due to recurring

Industry

Indian Cotton Yarn Sector To Witness 5-7% Growth In FY’24

Textile Insights July 22, 2023

Indian cotton yarn industry is likely to witness 5-7 percent year on year growth in sales volume, while the operating margin is expected to expand by 100-150 bps from a year ago in fiscal 2023-24. “Factors contributing to this improvement include the alignment of Indian cotton prices with international prices and a shift in demand […]

Corporates

Updeep Singh, President & CEO, Resigns from Sutlej Textiles

July 21, 2023

Sutlej Textiles and Industries Limited (SUTLEJTEX), a prominent player in the textile industry, has announced the resignation of Updeep Singh Chatrath as the President and Chief Executive Officer (CEO) of the company. The resignation is effective immediately and was submitted in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing

Industry

TN Textile Ministry Calls Meeting Of Spinning Sector Stakeholders

Textile Insights July 21, 2023

A meeting of all Tamil Nadu Spinning Mill Associations has been called by the Tamil Nadu Ministry of Handloom and Textiles to resolve the issues of the spinning mill industry. It may be recalled that the open-end and MSME spinning mills in the stake had stopped production from July 15 in protest against various issues […]

Cotton

Pakistan To Harvest Highest Cotton Crop In Ten Years

Textile Insights July 21, 2023

Farmers in Gujarat have sown cotton in 2.52 million hectares till mid-July, up 8 percent, when compared with the earlier three year average. “The cotton sowing area figure for this year is also higher when compared with the same time last year, when it stood at 2.31 million hectares,” government data informed. The higher cotton […]

Cotton

Gujarat Cotton Crop Sowing Up 8% Till Mid-July

Textile Insights July 21, 2023

Farmers in Gujarat have sown cotton in 2.52 million hectares till mid-July, up 8 percent, when compared with the earlier three year average. “The cotton sowing area figure for this year is also higher when compared with the same time last year, when it stood at 2.31 million hectares,” government data informed. The higher cotton […]

Dyes & Chemicals

Bluesign Revises Restrictions On Use Of Textile Chemicals

Textile Insights July 21, 2023

Switzerland based chemical management company Bluesign announced its latest revised restrictions for chemical substances in order to enable the textile industry undertake more sustainable manufacturing. The revised restrictions include removal of all PFAS (per- and polyfluoroalkyl substances) from the Bluesign Finder tool as part of blusign’s phase out of the so-called

Machinery

Zimmer ITMA Stall Witnesses Difficult To Cope With Visitor Numbers

Textile Insights July 21, 2023

Austrian Digital and Rotary Textile Printer manufacturer, Zimmer said ITMA 2023 brought crowds of visitors, which was difficult to cope with at times. “It is a clear sign that not only the omnipresent topic of sustainability, but innovative solutions for carpet and textile production are also of great interest,” Zimmer said. According to Zimmer, the […]

Corporates

CITI Partners with Ministry of Textiles for Sustainable Development in Samarth Scheme

July 20, 2023

The Confederation of Indian Textile Industry (CITI) has collaborated with the Ministry of Textiles under the Samarth scheme. CITI serves as a crucial interface between the Government of India and the textile and apparel industry, providing essential policy inputs and supporting the sector on various fronts, including sustainable development, research and advisory services.

Apparel, Fashion, Retail

Mango Increases Its Presence In The Netherlands With Seven New Store Openings

July 20, 2023

Mango, one of Europe’s leading fashion groups, is continuing its expansion plan and plans to open seven stores in the Netherlands in 2023. The company will open stores in prime shopping streets in Groningen, Den Bosch, Nijmegen and Leeuwarden and in shopping centres such as Heerlen, as well as extending its stores network in cities […]

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