Industry

PM MITRA Parks Aim To Make India A Global Textile Manufacturing Hub

November 10, 2023

The state and Central government backed mega textile parks under the PM MITRA (Pradhan Mantri Mega Integrated Textile Region and Apparel) Park Scheme is expected to generate satisfactory response from the textile industry, which is desperately trying to put up a cost competitive textile value

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

Corporates

Textile Recycling Innovator SaXcell Signs MoU with Birla Cellulose

November 1, 2023

SaXcell, a pioneer in textile recycling, has entered into a Memorandum of Understanding (MoU) with Birla Cellulose, a part of the Aditya Birla Group and one of the world’s largest manufacturers of man-made cellulosic fiber. This MoU marks the beginning of an extended collaboration between the two companies aimed at producing recycled man-made cellulosic fibers. […]

Cotton

Turkish Cotton Production Expected To Decline In 2023-24 Amid Economic Challenges

October 11, 2023

The latest USDA report on Turkey’s cotton production for the marketing year (MY) 2023-24 suggests a significant decrease in cotton output. Projections indicate a drop to 755,000 metric tonnes (MT), equivalent to 3.5 million bales, compared to the previous year. The report attributes this decline to farmers’ decision to reduce cotton planting due to falling […]