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Ethiopia earns $31.2 million in exports
Over the last three months Ethiopia has earned 31.2 million USD from textile and garment export, disclosed the Ethiopian Textile Industry Development Institute. The Institute also stated that the foreign currency generated from the textile sector has been steadily growing.
Texfair 2017 in Coimbatore ended on an optimistic note with the textile industry looking forward to a happier 2018.
With more than 50,000 small, medium and large-scale industries and textile mills in an around Coimbatore and Tirupur, an event as big as Texfair, which focuses on textile machinery, accessories and spares, is a must for the Southern market of India. In its 11th edition, Texfair 2017, organised by the Southern India Mills’ Association (SIMA), provided a platform for the stakeholder to zero in their investments and expenses prudently, showcase their inventions and cost effective items and other products, enable the technocrats and shopfloor technicians to update their knowledge on the latest technology and create an awareness on cost cutting, to encourage micro, small and medium entrepreneurs also to showcase their products and get exposure to the market. Texfair 2017 was held from November 17-20, 2017 at Codissia Trade Fair Complex, Coimbatore.
Sweden keen on tie-up with Aditya Birla Group on smart textiles
Sven-Erik Bucht Minister for Rural Affairs from the Ministry of Enterprise and Innovation Sweden arrived in Mumbai to discuss a joint project on smart textiles involving potentially Aditya Birla Group, Swedish company Domsjö and the two governments as well as the European Union.
The minister visited the Aditya Birla Group Textile Research Application Development Centre at Kharach in Gujarat, which is India’s pioneer in viscose staple fibre (VSF), a man-made, bio-degradable fibre with characteristics akin to cotton. The prime aim of this visit is to boost development on smart textiles from using VSF, cellulosic fibre and pulp as an alternative to cotton and hence the Aditya Birla group is a natural fit with its easily blendable cellulosic fibre.
Donear brand awarded
Donear Industries Ltd has been felicitated and awarded the title as one of the 70 Most Trusted Power Brands. The Most Trusted Power Brand awards is one of the most prestigious awards for brand positioning and recognition. Recently, the Power Brands Mumbai Summit took place in which Ajay Agarwal, Executive Director of Donear, received the award from Bollywood film personalities, Shaan and Divya Dutta. The guests from various fields such as government, corporate and entertainment industry were present to grace the occasion.
S Bhargava bags Haryana Entrepreneurship Award
Subhash Bhargava—a technocrat and Managing Director of Colorant Ltd, a leading reactive dyes manufacturer and exporter based in Ahmedabad—has received the award in first award function for extending specialised services to the textile and garment industry at Hotel Hive, Panipat on October 7, 2017 organised by Garmek and Igmatex.
Texprocess Pavilion adds value to Techtextil India
India’s technical textile market is estimated to reach Rs 1,16,217 crore by 2017-18, and the important feature at this year’s Techtextil India, to be held from September 13 to 15, 2017 at the Bombay Convention.
India must focus on global audience too: Janecke
Global market size for technical textiles is estimated at $145 billion in 2015 and is expected to grow at a CAGR of 4 per cent to $170 billion by 2020, according to Wazir Advisors Knowledge Paper.
Gaining Ground: Automation in textile industry started more than a decade ago in India. Now, it is gathering steam and reaching wider areas, finds the ITJ Cover Story.