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What’s happening in India’s cotton and textile sectors
Mumbai-based Cotton Association of India (CAI) estimated that this year’s Indian crop (October 1, 2019-September 30, 2020) to be 33.55 million bales (170 Kgs each) as against its previous estimate of 33 million bales (170 Kgs each). This is about 550,000 bales higher than the previous estimate.
Textile chemicals market size to reach $26.40 billion
The global textile chemicals market size is projected to reach $26.40 billion by the end of 2027. The increasing applications of the product across diverse industry verticals will emerge in favour of the growth of the market.
Maha HC stays show-cause notice to 62 textile units
The Bombay high court (HC) recently stayed notices issued by the Maharashtra Pollution Control Board (MPCB) to 62 textile units in Malegaon that refused to grant consent to operate the units.
Tax relief for Bangla exporters
In the budget for FY19, the Bangladesh government had set the corporate tax at 15 per cent for readymade garment (RMG) manufacturers and at 12 per cent for owners of green factories.
Second Denimsandjeans to be held in Bengaluru
The second edition of Denimsandjeans is all set to bring the various segments of the industry together, with special focus on the growing trend of creating unisex denim collections, during August 1-2, 2018 in Bengaluru.
Intertek introduces training courses for textiles
Intertek jointly with the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has introduced the fifth collection of training courses under the Skills for Employment Investment Programme (SEIP), designed by the Bangladesh government to support the apparel and textile sector.
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