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Result(s) found: 38
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Focus on value-added MMF segment: CITI AGM
Delivering the Key Note Address at the 62nd Annual General Meeting (AGM) of Confederation of Indian Textile Industry (CITI), the apex industry body representing the entire textile value chain in the country, Ravi Capoor, IAS, Secretary, Ministry of Textiles, advised the stakeholders to focus on value added MMF segment, technical textiles, scale of operation and indigenous textile machinery manufacturing facilities to make Indian textiles and clothing industry globally competitive and grab the post-Covid-19 opportunities.
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Weaving Success
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.
COVID-19, Textile Manufacturers, SRTEPC, India’S Man-Made Fibre, Ronak Rughani, Synthetic And Rayon, Rosctl, GST, Inverted Duty Structure, Government Rughani, MMF Textiles Segment, Atmanirbhar Bharat Abhiyan, SIMA
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Stitching together perfect recovery strategies
Outbreak of COVID 19 has caused catastrophic global economic downturn not seen any time during The Indian Textile Journal’s 131 years of existence. Factories had to remain closed for several days due to government’s lockdown orders and when allowed to reopen, they are running at just 30-40 per cent capacity due to lack of demand.
COVID 19, Lockdown, The Indian Textile Journal, MMF, GDP, Post-COVID Strategy, Aatmanirbhar Bharat, Man-Made Fibres, Artificial Fibres, Cotton-Based Textile Products, Indian Textile Manufacturers
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Surat’s MMF sector to stay closed till May 3
While some industries in south Gujarat resumes manufacturing activities from April 20 with the central government offering partial relaxation, man-made fabric (MMF) units in Surat will continue to remain under lockodown till May 3.
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Going Amiss?
India dreams of capturing 8-9 per cent of the total global trade by 2020, however looking at the present scenario, it may capture a share of only 5-6 per cent by 2020.
Textile Engineering Industry, Spinning Machinery, Synthetic Filament Yarn, Navdeep Singh Sodhi, Gherzi Textil Organisation, Man Made Fibres, Indian MMF Textile Segment, Rughani, International Cotton Advisory Committee, Cotton Yarn, Synthetic Yarn
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export performance, a serious concern for mmf segment
The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) is one of the oldest Export Promotion Councils in India. The council has played a transforming role over the years, inculcating export culture and promoting exports of Indian man-made fibre (MMF) and textiles.
MMF Segment, Synthetic And Rayon Textiles Export Promotion Council, Man Made Fibre, MMF Yarns, Weaving, Knitting, Processing And Technical Textiles Segment, MMF Textile Industry, Hennes And Mauritz, Fibres, Filaments, Spun Yarns, Fabrics, Canton Fair, Intertextile Shanghai
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Cotton & MMF outlook-2020
World cotton production is projected to be lower than its consumption for the fourth year in row. This has marginally supported the cotton prices in CS19 despite the subdued demand.
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