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NCTO welcomes president Biden’s COVID-19 action plan
NCTO welcomes president Biden’s covid-19 action plan and executive order directing federal agencies to utilise the defense production act to address shortages of personal protective equipment (PPE) and related vaccine supplies.
Digitisation is the key to growth in post-COVID era
Addressing FICCI TAG 2021, 12th annual conference on the theme 'Repositioning Indian Textiles and Strategising for Growth in the Post-COVID World', Ajay Arora of D’décor said digitisation is key to growth in Indian textile industry.
Textile sector to recover to pre-COVID levels by FY2022
ICRA, a leading rating agency, said that the textile industry’s performance will go back to pre-COVID levels in the next fiscal year owing to increase in demands from the domestic as well as export markets.
ITMA ASIA + CITME 2020 on track for next June showing
Preparations for the seventh edition of ITMA ASIA + CITME are underway as scheduled. Following the completion of the stand allocation exercise, some 1,650 exhibitors have started to receive their certificate of admission and stand details from 14 December 2020.
SIMA CD & RA to focus on ELS & organic cotton
The Central Government plans to increase production of high quality Extra Long Staple (ELS) cotton, organic cotton and naturally coloured cotton under “AtmaNirbhar Bharat Abhiyan” and involving SIMA CD & RA in all activities and policy matters.
Changing scenario of textile
As you can see changes are happening on micro and macro scales. So how to map the scenario or vision is a very difficult task, writes Avinash Mayekar.
India’s textile & apparel industry
The global apparel demand is expected to boost at a steady CAGR of 5 per cent to grow from the current $1.9 trillion to reach $2.6 trillion by 2025.
Will the sun shine on India’s technical textile sector?
India’s technical textile industry, still in its nascent stage, is witnessing growing domestic as well as global demand. Can increasing disposable incomes, growing investment, and the government’s power boost turn this into a $5 trillion economy in the next few years?
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