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Result(s) found: 37
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What it takes to be India’s top textile company?
Textile industry plays a very important role in spinning the economy’s growth wheels by being the second largest employment generator (after agriculture) and accounting for seven per cent of industrial output in value terms, 12 per cent of the country’s export earnings and two per cent of India’s GDP.
Textile Industry, GDP, Coronavirus, Indian Textile Journal Stood, Aatmanirbhar Abhiyan, MITRA, Seven Textile Parks, Budget, Indian Textile Journal’S Business E-Conference 2021, ITJ Annual 2021, Global Textile Supply Chain
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R&D is a critical part of our business strategy
Kusumgar Corporates is today an acknowledged leader in the highly niche technical and specialised textiles sphere. In 1970, Yogesh Kusumgar gauged the phenomenal potential of a market which was then at a very nascent stage.
Kusumgar Corporates, Highly Niche Technical, Specialised Textiles Sphere, Ankur Kothari, COVID-19, Technical Textiles, R&D, Defence, Industrial, Consumer, GDP Growth Of India, Budget, Indian Textile Industry
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Data as a weapon in the fashion industry’s fight against climate change
Fashion, retail and textile players widely recognise the need to disrupt the status quo. In a recent study by the Economist Intelligence Unit and the U.S. Cotton Trust Protocol, 60 percent of executives picked sustainability as a top strategic priority for their organisation.
Data, Climate Change, U.S. Cotton Trust Protocol, Flourish CSR, H&M, Puma, Zalando, Adidas And VF Corporation, Tara Luckman, GDP, PBI
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The Indian market for low-voltage drives is forecast to grow at approximate CAGR of 3 per cent
Founded in 1915, Yaskawa is one of world’s largest manufacturers of motion control products for industrial automation and OEMs. Yaskawa’s journey in India began with the business of PLC in1980 and AC drives in 1990 and steadily expanded to accommodate growing customer needs. Yaskawa India addresses innovation in drives and motion control and robotics automation. Arjun Gopal, Senior Manager, Key Account Development – HVAC, Water & Textile Business, Yaskawa India discusses the requirement of textile industry with respect to drives and motors and the latest innovations in this field.
Yaskawa, Motion Control Products, Industrial Automation, OEM, Arjun Gopal, HVAC, Water, Textile Business, Yaskawa India, CAGR, GST, Smart Cities Mission, Urbanisation, Industrialisation, World Economic Forum
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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.
GDP, CAGR, Global Textile, Apparel Trade, T&A Trade, Textile, Apparel Exports, Indian Textile Industry, Cotton Fibre, Worn Clothing, Nonwovens And Synthetic Filament Yarn, Supima Cotton
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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?
Technical Textile Sector, CAGR, Michael Jaenecke, Director, Technical Textiles, Textile Processing, Messe Frankfurt Exhibition, Meditech, Geotech, Sportech, Nonwovens, Shujaul Rehman, Garware Technical Fibres, COVID-19 Pandemic, GDP
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PLI scheme a shot in the arm for MMF & tech textiles
On November 11, 2020, the Union Cabinet gave its approval to extend the PLI scheme to textile products along with nine other new sectors entailing additional financial outlay of Rs 1,460 billion over a five-year period.
PLI, Union Cabinet, Acs And LED, COVID-19 Pandemic, GDP, Navdeep Singh Sodhi, Switzerland-Based Gherzi Textil Organisation, MMF, Technical Textile, Indian Textile Industry, Ministry Of Textiles, Aatma Nirbhar Bharat, SRTEPC, CAGR, Snehal J Panchal
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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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