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NITMA welcomes budget announcement for textile sector
February 2021
Sanjay Garg, President NITMA , welcomed the proposal of Union Budget 2021-22 as the grant to textile and clothing sector is budgeted at Rs 3,631.64 crore which is about 10 per cent higher than previous year’s revised budget of Rs 3,300 crores in 2020-21.
Digital is the way ahead
February 2021
The digital textile printing market is estimated to be worth $8.8 billion by 2027.
Aditya Birla acquires 51% stake in Sabyasachi Brand
January 2021
India’s leading fashion company, Aditya Birla Fashion and Retail Limited has announced a strategic partnership with India’s largest designer brand Sabyasachi by signing a definitive agreement for acquiring 51% stake in Sabyasachi brand.
India’s textile & apparel industry
January 2021
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.
Karl Mayer offers warp knitting with seersucker effect
January 2021
Karl Mayer makes it possible to produce seersucker-effect fabrics on warp knitting machines. Melanie Bergmann, Textile Technology Product Developer at Karl Mayer is responsible for the breakthrough
Freudenberg develop process to re-use silk textiles
January 2021
Ratti re-uses silk textiles (outer fabrics/clothing) and Freudenberg uses this to produce thermal insulation made from 70 per cent re-used silk, which Ratti then markets.
Garment exporters urged to tap potential in Canada
December 2020
Canadian companies increasingly look at sourcing readymade garments from India and Indian apparel manufacturers have huge potential to increase its share in the Canadian market, according to Indian High Commissioner in Canada Ajay Bisaria.
Textile waste is future raw material says GlobalData
December 2020
A four-year study by the Renewal Workshop revealed 82 per cent of what is considered apparel and textile waste can actually be renewed and resold, effectively meaning brands are ‘sitting on their next supply chain’, it said.
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