Event

SRTEPC Hosts Event In Istanbul To Promote Bharat Tex 2024

Textile Insights December 9, 2023

An event was organised in Istanbul as a curtain raiser to ‘Bharat Tex 2024’, the biggest global textile exhibition to be held in New Delhi from February 26-29, 2024. “Bharat Tex will be the largest global textile event, covering the entire value chain of textiles from farm to fashion,” the

Industry

Operating Profits Of Cotton Spinners To Plummet 250-350bps

Textile Insights December 8, 2023

Operating profits of Indian cotton yarn spinners will plummet 250-350 basis points from 10-10.5 percent in the previous fiscal to decadal lows of 7-8 percent in the ongoing fiscal. Crisil Ratings has attributed this to shrinking spread between cotton and cotton yarn, inventory losses and slower than expected pickup in downstream demand. Revenue too, will […]

Industry

Southern Textile Mills Seek Govt Relief Amid Global Recession

Textile Insights December 7, 2023

Several textile associations have sought relief from the central as well as state governments of Tamil Nadu, Andhra Pradesh and Telangana to roll back the power tariff hike and the central government to restrict and monitor galloping imports of various textile raw materials and products. S K Sundararaman, the Southern India Mills Association (SIMA) Chairman […]

Industry

India Positioning Itself As Textile Sourcing & Investment Hub

Textile Insights December 4, 2023

India is positioning itself as a textile sourcing and investment hub through the seven PM-MITRA Parks being set up in various states of India at an investment of Rs 70,000 crores and other schemes. “We are hopeful that these PM MITRA Parks will emerge as growth centres in the textile sector because of foreign investments […]

Industry

Next Gen Entrepreneurs Leading Winds Of Change Sweeping Through Indian Textile Landscape

December 3, 2023

The Indian textile industry, deeply rooted in tradition and history, has long been the backbone of our country’s economy. It is often celebrated for its rich heritage, but it is not without its share of challenges. Globalization and changing consumer preferences have brought a new set of demands. Competition from international markets, stringent quality standards

Industry

CITI Takes Centre Stage At ILO Conclave With Special Session

Textile Insights November 28, 2023

The Confederation of Indian Textile Industry (CITI) took center stage at the International Labour Organisation (ILO) conclave with a special session on “Sectoral Development Approaches and Industry Linkages in Garment and Textile Industry.” The session provided a platform for industry leaders, policymakers, and stakeholders to engage in insightful discussions

Industry

Joint Declaration Between CITI & Swiss Textiles To Boost Trade

Textile Insights November 25, 2023

The Confederation of Indian Textile Industry (CITI) and Swiss Textiles have strengthened their commitment to a robust trade and economic partnership with the signing of a Joint Declaration. “The Joint Declaration marks a momentous occasion marks a significant step towards fostering collaboration between the two nations and fortifying their ties in the textile sector,: a

Industry

Ahmedabad Textile Process Houses Extend Diwali Holidays

Textile Insights November 15, 2023

Several Ahmedabad based textile process houses have decided to extend Diwali holidays to a fortnight as against the 3-5 holidays in previous years. Most of these fabric printing or dyeing factories were running at half of their production capacities in a week before Diwali due to low orders in hand, and hence the decision to […]

Textile Print

Harish Textile Engineers To Relaunch Rotary Printing Technology With Innovations

November 12, 2023

Harish Textile Engineers is set to relaunch its rotary printing technology with innovative developments. The relaunched rotary printing technology includes a unique system for attending to screens during printing, high-quality brushes for thorough and fast cleaning of the blanket and improved dryers for efficient fabric drying at high speeds. The new developments in rotary

Sustainability

Textile Supply Chain Challenges: How The Yarn Bazaar Is Transforming The Landscape

November 10, 2023

The term “supply chain” remained largely within the confines of business discussions until the Covid-19 pandemic thrust it into common parlance. Prior to this, consumers had little insight into the intricate web of connections and processes that sustain global trade which, in turn, makes world economies function. However, as the world collectively wrestled with