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ITTA & SIMA hail PLI scheme for textiles industry
Cotton has been the engine of growth for the Indian textiles and clothing industry due to long history of domestic availability of raw material, world-class textile machinery and other supporting fronts.
R&D is the key to success in technical textiles
Technical textiles offer huge growth potential for Indian textile companies. To tap this opportunity, firms will have to invest in R&D and continuous product development, says Rakesh Rao.
Beroe: India’s PLI scheme to boost textile industry
The PLI scheme of the Indian government aims to strengthen the domestic textile industry by offering incentives to the manufacturing and exporting of some textile products that are made up man-made fibre.
Textile minister Piyush Goyal to review PLI scheme
According to the sources, the new Textile Minister, Piyush Goyal is going to review a proposed 106.83 billion production-linked incentive (PLI) scheme related to products made of man-made fibre and technical textiles.
We plan to put up a Greenfield plant in 2022
Sanrhea Technical Textiles is a stock listed and an ISO 9001:2008 approved firm that set up its facility to manufacture industrial fabrics in 1997 as a small convertor and has grown over the years to become one of the largest and most reputed manufacturers of RFL – dipped fabrics for conveyor belts, tyres and other rubber products. Today, the company has an installed capacity of 160 tonnes per month. Tushar Patel, Managing Director, Sanrhea Technical Textiles speaks regarding the scope for technical textile in India and the future plans of the company.
Aspire, believe & deliver: India - The future of global fashion
In 2020 alone, Asia Pacific accounted for 51 per cent of the global textile market, making it the largest region. India is the second-largest manufacturer and exporter of textile and clothing in the world, with a 5 per cent share of global trade.
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