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Year 2020 & cotton textiles sector
The year 2020 started with lingering trade tensions between two leading producers of cotton, China and United States.
While European textiles and clothing companies have been crucial in providing short-term relief in the crisis, such as converting their production or an increased production of PPE, now long-term goals need to be tackled that involve a renewal process of the sector and its value chain and a more competitive and greener future.
Spinning: A comeback tale
Despite uncertainties in the market created by Covid-19, the textile spinning and machinery and accessories industry is bouncing back with reported rise in orders.
We are now BASANT FIBERTEK P. LTD.!
After a 56 years’ long journey, BASANT Wire Industries P. Ltd has changed its name to reflect its current business profile and more focus of solutions and service as compared to only products.
DOMO to invest in new nylon plant in China
DOMO Chemicals, a leading producer of high-quality engineering materials for a diverse range of markets, has announced plans for a new state-of-the-art plant in Zhejiang, China.
Filatex resumes production at Dadra plant
Filatex India has resumed partial operations at its Dadra plant to meet the urgent requirement of yarns that will be mainly used in production of face masks, PPE and some specific urgent requirement of fabrics, to be used in tents suitable for quarantine applications for Ministry of Defence.
Focus on value addition: ITJ webinar
ITJ webinar provided a roadmap for the growth of Indian textile industry with experts emphasising on self-sufficiency, value addition and increasing inherent competitiveness of the industry.
Industry on ‘wait-n-watch’ mode
The textile industry is keeping its fingers crossed over the emerging threat of coronavirus in the months to come.
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