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India becomes net exporter of technical textiles in FY21
December 2021
In terms of value, technical textiles imports exceeded exports by Rs 1058 crore in FY20 while in FY21 exports exceeded imports by Rs 2998 crore, according to a Infomerics report
Davide Maccabruni to be Uster’s new CEO; Thomas Nasiou to step down
December 2021
Uster Technologies is to have a new Chief Executive, in a planned and phased handover by April 2022.
Sustainability in the textile industry
December 2021
Textile industry, in India and across the globe, ranks first in terms of the volume of wastewater emitted. Therefore, textile businesses have to consider going green by opting for sustainable options, says Pankaj Poddar.
Automation: A tool to expand global footprint?
December 2021
With 'China Plus One' sentiment gaining ground among global textile companies, India has a good opportunity to increase textile exports from $ 36 billion in 2019 to $ 65 billion in 2026. Armed with automated machines and sustainable processes, the industry can surely achieve this target, says Rakesh Rao.
Techtextil India in Mumbai evokes good response
December 2021
Bringing the technical textile industry together after a two-year span, Techtextil India - organised by Messe Frankfurt India from November 25-27, 2021 in Mumbai - showcased the future potential of technical textiles backed by a series of knowledge sessions, live product demos and B2B networking opportunities.
India eyes partnership in textiles at Dubai EXPO2020
November 2021
The Ministry of Textile, Government of India, has pitched for becoming the preferred sourcing partner for the global textile industry during the textile week at the India Pavilion in EXPO2020, Dubai.
Incorrect data submitted by spinning associations
November 2021
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
SIMA hails new GST rate for textile goods in India
November 2021
GST addresses Indian textile industry’s inverted duty structure issue, says The Southern India Mills' Association (SIMA)
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