Policies

India Extends PLI Scheme Timeline Amid Textile Export Challenges

Textile Insights June 19, 2024

The Indian government has decided to extend the timeline for setting up facilities under its Production Linked Incentive (PLI) scheme from two years to over three years. This adjustment aims to improve the scheme’s effectiveness in boosting India’s textile exports, which saw a

Technical Textile & Nonwoven

ITTA Meets New Minister Of Textiles To Discuss Future Of Technical Textiles

Textile Insights June 15, 2024

The Indian Technical Textile Association (ITTA) had a highly productive and cordial meeting with the new Minister of Textiles, Giriraj Singh, in New Delhi on June 13, 2024. During the meeting, ITTA provided an overview of its activities and achievements over the past decade in the field of technical textiles. The association highlighted its ongoing […]

Tete-A-Tete

‘Our Loyal Customers Recognize Our Superior Quality And Technology’, Says Tae-Kyoon Kwon of Semyung

Textile Insights June 13, 2024

At ITM 2024, A.T.E. Enterprises Pvt. Ltd. with its principle Semyung Electric Machinery, a leading manufacturer of forged beams for warp knitting, shared insights into their longstanding collaboration and the superior quality of Semyung’s products. In an exclusive chat with Navin Agrawal, Senior Vice President of A.T.E. Enterprises, and Tae-Kyoon Kwon, Director at

Event

ITM 2024 Opens With Record Number of Exhibitors & Visitors From 74 Countries

Textile Insights June 5, 2024

ITM 2024 Exhibition, uniting textile technology leaders, global investors and professional visitors, has opened with a record number of exhibitors and visitors from 74 countries. Thousands of international visitors attended the first day, indicating a promising outlook for company diversity and the number of participants. The ITM 2024 International Textile Machinery

Technical Textile & Nonwoven

Govt Planning QCO In Build Tech Segment Of Technical Textiles

Textile Insights May 22, 2024

The Indian government is planning to introduce Quality Control Orders (QCOs) targeting 11 key technical textile products in the build tech category. The government is doing so to step up safety standards of clothing used by workers and professionals in the construction sector. These QCOs are specifically designed to elevate the quality and performance of […]

Corporates

Vardhman Investing Rs 2,000cr in Modernisation & Expansion

Textile Insights May 21, 2024

Ludhiana based Vardhman Textiles is modernising and expanding its existing spinning and fabric operations at a substantial capital outlay of around Rs 2,000 crore. Additionally, the company will also foray and invest in technical textiles, targeting a production output of 15 lakh meters of fabric per month. Currently, Vardhman operates 12.37 lakh equivalent spindles and

Technical Textile & Nonwoven

India’s Technical Textiles Market Growing At 10% Per Annum

Textile Insights May 13, 2024

India’s technical textiles market has a huge potential backed by a significant growth rate of 10 percent and is also the fifth largest technical textiles market in the world. This was stated by Textiles Secretary Rachna Shah at a National Symposium on Advancements in Composites, Speciality Fibres and Chemicals held in New Delhi. The Symposium […]

Technical Textile & Nonwoven

Poland Top Destination For German Technical Textile Exports

Textile Insights May 2, 2024

Poland was the largest destination for technical textile exports from Germany where they stood at $1.02 billion in 2023. “Among other top destinations, technical textile exports to Austria stood at $880.1 million, France $772.19 million and Italy $718.46 million,” data from Statista informed German technical textile exports stood at $679.1 million to Netherlands, $660.4

Machinery

Karl Mayer Honoured With Techtextil ‘Founding Exhibitors’ Award

Textile Insights May 1, 2024

Karl Mayer has been honoured with a ‘Founding Exhibitors’ award by Messe Frankfurt, the organisers of the recently concluded Techtextil. Techtextil was organised from April 23-26, 2024, which was the 20th edition and Messe Frankfurt took the occasion of this milestone anniversary, to honour the founding exhibitors at a ceremony. “With this award, Messe Frankfurt […]

Economy

Visitor Numbers Increase 29% At Techtextil And Texprocess

Textile Insights April 27, 2024

The recently concluded Techtextil and Texprocess witnessed visits from 38,000 buyers from 102 countries, up 29 percent over the previous edition. The two exhibitions also saw participation of 1,700 exhibitors from 53 countries and the density of forward-looking textile solutions that are transforming the industry was particularly noticeable. “The top visitor nations were