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Welspun’s HygroCotton completes 15 years
Welspun India’s leading innovation brand—HygroCotton—has completed 15 years. The company has also accomplished another milestone of achieving $1 billion of global sales (FOB) since its introduction.
A shot in the arm
With the unveiling of 207 HSN Codes for the technical textile industry in India, the Government has convincingly conveyed its seriousness to promote this industry in a big way.
Welspun’s new tech to verify cotton origin
Welspun India has emerged as the first global textile entity to patent a fibre-tracking technology, turning adversity into opportunity. The Mumbai-based world’s second largest terry towel producer, developed the technology after a large customer terminated a contract following mislabelling of the provenance of fibre in certain consignments.
Welspun-CEA sign pact to market Egyptian cotton products
In a strategic global initiative, Welspun India (WIL) has entered into a co-operation agreement with Cotton Egypt Association (CEA) to promote and market Egyptian cotton products worldwide. Under the agreement, the two organisations will work together to create programmes for promotion of Egyptian Cotton logo in the retail markets across the globe.
Impact of recession on textile sector in India
The 2008 recession was another defining moment in the life of Indian textile industry, and a study by Rajan Nagpal & Ronak Agarwal reveals the effect of the slowdown on the return on equity % and the profit margin % of the major textile firms following that period.
Nonwoven potential huge: ITTA meet
In spite of slowdown in nonwovens, following general economy, the global per capita consumption is expected to grow from 1 kg to 2011 to 2 kg by 2025. And nonwoven and nonwoven-based products find wide applications in personal & healthcare, infrastructure, air & water purification and mobility.
Digital´s 29% Leap!
Digital printing is poised to capture a bigger share in the Indian market as the industry has started enjoying and reaping benefits of its technological advances. The ITJ Exclusive Report attempts to scan a view of this booming digital printing scenario.
FICCI meet: Driving growth through innovation
The Federation of Indian Chamber of Commerce & Industry´s (FICCI) 6th edition of Annual conference on textile and apparel Industry, ´TAG 2014´, held at the Hotel Taj Lands End, Bandra (West), Mumbai, focused on Driving Growth through Innovation in the Textile Industry.
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