Archroma, a global leader in color and specialty chemicals towards sustainable solutions, has announced collaboration with Ternua, an outdoor brand with a strong connection to nature.
Year: 2018
Growth in the fair and growth in the market: exhibitor and buyer increases at Intertextile Pavilion Shenzhen, which concluded recently, reflected the strength of the Southern China fashion sector.
Presently the Indian textile engineering industry is fulfilling only 45-50 per cent requirement of the domestic market of Rs 15,000 crore, while exports about Rs 6,500 crore worth textile machines and accessories.
A record 971 exhibitors from 12 countries and regions (2017: 721), and 17,664 trade buyers from 35 countries and regions (2017: 15,608) took part in the Intertextile Pavilion Shenzhen, reflecting the strength of the Southern China fashion sector.
Presently the Indian textile engineering industry is fulfilling only 45-50 per cent requirement of the domestic market of Rs 15,000 crore, while exports about Rs 6,500 crore worth textile machines and accessories. It has targeted to reach to Rs 25,000 crore by 2025.
SPGPrints, a leading equipment and consumables supplier for printing in the textile and graphics industry, has successfully argued before the Dutch court in The Hague that the MS/Dover patent EP2643159 for single pass digital textile printing is not inventive.
Experts said as per WTO norms, India would not be able to give further incentive to the textile sector and the government had increased the import duties to encourage domestic manufacturing.