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India to position itself as global MMF hub
India is working to be a global hub in the man-made fibre (MMF) and technical textiles segments, including setting up five integrated textiles parks, a testing lab and starting a Focused Product Scheme, according to textiles secretary Ravi Capoor.
Textile Industry: Locked down
Covid-19 virus that has thrown the economic activity out of gear across the world has also halted the Indian textile industry to a grinding halt.
FIASWI seeks no legal suit against entrepreneurs
The Federation of Indian Art Silk Weaving Industry (FIASWI) recently urged the government not to initiate legal action, under the Disaster Management Act, 2005, against cash-starved textile entrepreneurs who are unable to pay wages to their workers for April.
Automation: Need of the hour
Without modernisation of its entire value chain, India can never become global champion in textile sector.
Budget 2020 FOCUS ON GROWTH!
Textile industry has something to cherish in the Budget with the abolition of ADD on PTA imports, prioritisation of technical textiles sector, review of rules of origin in FTAs to curb imports from Bangladesh, and RoDTEP, NIRVIK and other measures taken.
Brueckner finishing system saves over 10-times water needs: CEO
Many call Brueckner’s textile machinery as fascinating, agreeing to the catchphrase found on their website because as one Asian company bearing testimony to the machinery’s unique features says: “We achieve perfect dyeing results with our Brueckner thermosol line and this allows us to extend our production with high-quality products.
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