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Incorrect data submitted by spinning associations
In a letter, Dr Rikhab C Jain, Chairman of T T Limited and a textile industry veteran, claims that incorrect and skewed data was submitted to Piyush Goyal, Minister of Textiles, Commerce and Railway, by CITI and spinning associations
PM MITRA Parks to generate $ 6 bn investment
PM Mega Integrated Textile Region and Apparel (PM MITRA) scheme is expected to bring fresh capital investment of $ 5.5-6.0 billion and in turn create export opportunities of around $ 4.5-5.0 billion per annum for textile products once the scheme is fully implemented, says a CARE Ratings report.
Sutlej Textiles aims to optimise eco-friendly operations
Sutlej Textiles and Industries Ltd - the flagship textiles company of the KK Birla Group whose roots date back to pre-Independence India - is a pioneer in superior spun yarns that have set industry benchmarks for innovation.
Innovations in textile industry to define post pandemic growth
A wave of innovation that has hit the textile industry is the coming of Industry 4.0. With the increasing number of innovations (backed by strong domestic consumption and a healthy export demand), the future for the Indian textile industry looks promising, says Pradip Roy.
Indian textile industry: Be ready for a sustainable and digital future
While advanced technology, digital systems and automated processes offer benefits in productivity and efficiency of the factory, they are also effective in the sustainability initiatives. Going forward, the faster manufacturers adopt to technology and digitalization, the better they will be able to perform and align with the global trends, says B Prakash.
Organisers of Gartex Texprocess India tie-up with CITI
In a bid to provide strong business push to the textile and apparel sector, the Confederation of Indian Textile Industry (CITI) has signed an MoU with Messe Frankfurt India and MEX Exhibitions Pvt Ltd.