Industry

Signs Of Cautious Optimism In Textile Business Climate: ITMF

Textile Insights April 6, 2024

The latest International Textile Machinery Federation (ITMF) global textile industry survey conducted in March 2024 reveals a textile business climate with signs of cautious optimism amidst ongoing challenges. “Despite a slight recovery in the business environment from November 2023 to January

Machinery

ITMF Starts Application Process For Its 2024 Awards

Textile Insights February 7, 2024

The International Textile Machinery Federation (ITMF) has announced yet another edition of the ITMF Awards for 2024 and has started the application process which has a deadline of April 30, 2024. There are three different categories like the ITMF Sustainability & Innovation Award 2024, ITMF International Cooperation Award 2024 and ITMF Start-up Award 2024. The […]

Machinery

Order Intake Has Begun Showing Recovery Signs: ITMF Report

Textile Insights February 6, 2024

The latest ITMF Global Textile Industry Survey (GTIS) conducted in January 2024 revealed that order intake began showing recovery signs, with notable increases across regions except East Asia, particularly in North & Central America and South America. The report informed that there has been a significant improvement in the business climate, signaling a potential

Machinery

Short Staple Spindles Installed Globally Grows 0.88% In 2022

Textile Insights December 23, 2023

Short-staple spindles installed globally have grown from 225 million units in 2021 to 227 million units in 2022, up a marginal 0.88 percent Statistics released by the International Textile Manufacturer Federation (ITMF) also informed that the number of installed open-end rotors increased higher at 8.3 million in 2021 to 9.5 million in 2022 According to […]

Machinery

ITMF Names Winners Of Various Categories Of Awards

Textile Insights November 7, 2023

At the ITMF Annual Conference 2023 which was held from November 4-6, 2023 in China, the federation presented the ITMF Awards in the categories of ‘Sustainability & Innovation’, ‘International Cooperation’ and ‘Start-Ups’. The winners of the ITMF Start-up Award 2023 include CarboScreen from Germany for its ‘Online monitoring system for carbon fibre manufacturing’