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Embracing natural dyes
The virus has severely hit the global supply chain and has even more extensively hit the manufacturing sectors all around the globe. But not all businesses have been disrupted. Some business opportunities are rolling forward along with new strategies or new business model, write Kumar Vikas.
Stitching together perfect recovery strategies
Outbreak of COVID 19 has caused catastrophic global economic downturn not seen any time during The Indian Textile Journal’s 131 years of existence. Factories had to remain closed for several days due to government’s lockdown orders and when allowed to reopen, they are running at just 30-40 per cent capacity due to lack of demand.
Making Spinning Smarter
The idea of Jumac smart cans started in early 2019, when the core team, R&D team, and our brand consultants came together towards planning our positioning at the ITMA Barcelona.
CAI pegs 2019-20 cotton estimate at 354.50 lakh bales
The total cotton supply estimated by the CAI during the months of October 2019 to July 2020 is 392.40 lakh bales of 170 kg each which consists of the arrival of 345.40 lakh bales upto July 31, 2020, imports of 15 lakh bales upto July 31, 2020 and the opening stock estimated by the CAI at 32 lakh bales at the beginning of the season on October 1, 2019.
TMAS members ready to support digital textile transformations
Members of TMAS—the Swedish textile machinery association—have adopted a range of new strategies in response to the Covid-19 pandemic, aimed at assisting manufacturers of textiles and apparel to adjust to a new normal, as Europe and other regions emerge cautiously from lockdown.
Liva releases consumer study on fashion industry
Liva, an ingredient fabric brand from the house of Aditya Birla Group, has conducted a consumer study in association with MRM, the digital arm of Mccann World Group and released a research report titled “A Brave New World”.
GHCL net revenue falls 50% in Q1FY21
GHCL Limited, India’s leading chemical and textile company, announced its financial results for Q1FY21. Commenting on the financial performance, RS Jalan, Managing Director, GHCL, said, “As the global COVID crises evolves even further, we are now witnessing a wider impact on economies across the world.