Industry

Huge Potential For India In Global Textile & Apparel Market

Textile Insights December 27, 2023

There is immense potential for India to tap into the global textile and apparel market. This was stated by KV Srinivasan, the newly elected President of the International Textile Manufacturers Federation (ITMF). While addressing a press conference, Srinivasan highlighted that global buyers are

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 […]

Cotton

Wazir Advisors Joins ITMF for Global Textile Growth

December 13, 2023

In a significant move towards fostering international collaboration and industry growth, Wazir Advisors, a premier Indian management consulting firm, has announced its membership in the International Textile Manufacturers Federation (ITMF) as a corporate member. As a seasoned and highly networked player in the global textile and apparel industry, Wazir Advisors brings

Industry

ITMF Elects KV Srinivasan MD Of Premier Mills As President

Textile Insights November 16, 2023

During the Annual Conference of the International Textile Manufacturers Federation (ITMF) held in China, KV Srinivasan from India was unanimously elected as the new President of the federation. KV Srinivasan, born in 1961 and Managing Director of Premier Mills and Premier Fine Linens has completed B.Tech in Textile Technology at PSG College of Technology. He […]

Sustainability

Kelheim Fibres & Santoni Bag 2023 ITMF Cooperation Award

Textile Insights November 11, 2023

Kelheim Fibres, a manufacturer of specialty viscose fibres and Italian textile machinery manufacturer, Santoni Spa, were honoured with the ITMF International Cooperation Award 2023. This recognition by ITMF, acknowledges achievements in global collaboration within the textile industry in alignment with the values of the 17 Sustainable Development Goals (SDGs). Together,

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’

Industry

Textile Value Chain Running On Minimum Order Levels: ITMF

Textile Insights October 7, 2023

The entire textile value chain is running on minimum levels of orders and as long as brands and retailers do not increase orders, the entire textile value chain will continue to struggle. This was the analysis of the International Textile Machinery Federation’s (ITMF) Global Textile Industry Survey (GTIS) conducted in the middle of September 2023. […]

Event

ITMF Opens Registration For Annual Conference In China

Textile Insights September 5, 2023

The International Textile Machinery Federation (ITMF) has opened registrations for its ITMF Annual Conference 2023, scheduled to be held in Keqiao, China from November 4-6, 2023. The conference is being co-hosted by the China National Textile and Apparel Council (CNTAC) and the Shaoxing Municipal People’s Government. More than 500 international industry experts from around

Industry

Situation Improves For First Time Since Nov 2021 – ITMF

Textile Insights August 2, 2023

Despite remaining in negative territory, the business situation has improved worldwide for first time since November 2021 in July 2023. An increasing number of companies have adapted to the harsh business environment and are now reporting improvements. This is the summing up of an International Textile Machinery Federation (ITMF) survey conducted in the first fortnight

Machinery

Long-Staple Spindles 2022 Shipments Record Terrific Growth

Textile Insights June 26, 2023

Deliveries of new textile machinery in 2022 declined in most segments, except in the spinning segment. However, global shipments of new long-staple spindles recorded terrific growth at 195 percent, open-end rotors rose 85 percent, while short-staple spindles grew slower at 27 per cent, all from a year ago period. Global deliveries of draw-texturing spindles declined […]