The South India Spinners Association (SISPA) has called for immediate action from the Cotton Corporation of India (CCI) to prioritize cotton sales to Micro, Small, and Medium Enterprise (MSME) spinning mills beginning July 1. SISPA has urged that the current cotton sales policy from CCI be
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 decline of 11.69% from $16.24 billion in 2018 to $14.34 billion in […]
Five innovative pilot projects showcasing green technologies for Vietnamese textile and garment exporters were unveiled at the ‘For a Sustainable Garment and Textile Industry in Vietnam’ exhibition held in Hanoi on June 17. This event is part of the ‘Green Tech Landing Pad’ initiative, supported by the German government and implemented
Color Service, leader in the production of automatic dispensing systems, has announced its strategic acquisition of Cosma Plast SRL, a prominent company specializing in the design and construction of systems using various materials, including PP, PVC, PE and PVDF. This acquisition marks a significant milestone in Color Service’s journey, enhancing its expertise and
Bharat Tex, a mega event organized by the Consortium of Textile Export Promotion Councils (EPCs) and supported by the Ministry of Textiles, aimed to highlight the prowess of India’s textile sector. The event, unprecedented in scale and size, brought together stakeholders from across the textile value chain to depict the vision of Prime Minister, encapsulated […]
The Karur Textile Manufacturer Exporters’ Association (KTMEA) achieved another milestone in its dedicated service to the home textile industry with the inauguration of the first batch of the Merchandiser course. The momentous event took place at KTMEA’s Training Centre on February 1, 2024, with the President M. Nachimuthu leading the inauguration ceremony. The
Smartex has released its first comprehensive report on ‘The Modern Textile Factory’ authored by Max Easton, Global Innovation Director at Smartex, which showcases a wealth of insights from a global team of experts. Smartex is at the forefront of transforming the textile industry through the integration of Artificial Intelligence, focusing specifically on achieving zero
Around 1,600 Pakistani textile and garment factories have shutdown over the past 16 months and the Pakistani Commerce Ministry is contemplating a strategy to reopen these closed factories “A framework is in the process of finalisation which will provide regional competitive energy pricing, working capital support, speedy refund payments and enhanced market access,” media
German textile stenters manufacturer Monforts said it has secured a significant number of major orders from textile manufacturers in Central and South America recently. Among new orders are those for three Montex stenters delivered to the AustralTex Group in Argentina and a further Montex range to denim manufacturer CIT in Brazil. Guatemala’s Global Textiles placed […]
Difficulties in the Pakistani textile industry, which accounts for 60 percent of Pakistan’s overall exports has been seriously affected by multiple factors in the last few years. They include the Covid-19 pandemic, slowdown in orders from the US and the EU, rise in energy costs, critical state of the economy and months of political chaos […]