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Monforts at Innovate Textile & Apparel (ITA) 2020
During the Innovate Textile & Apparel (ITA) virtual textile machinery show which will run from October 15-30, 2020, Monforts will be emphasising its leadership position in three key fields – advanced coating, denim finishing and fabric sanforizing.
Growth opportunity for Indian textile industry
Except spinning, majority of the textile and apparel machinery demand of India is being fulfilled through imports, especially for investments in latest technology machines by large/organised mills.
Go beyond FTAs
According to a report of analytics firm Fitch Solutions, Asia is expected to remain a dominant player in garment production over the coming decade even as China looks to reduce its apparel manufacturing operations and move up the value chain. In spite of this, India and Indonesia, which offer low-cost cheap labour and large domestic markets, may not be able to take advantage of the situation due to the lack of conducive business conditions.
Dynamics of value-added chains
The reduction in the share of value-added in sectors such as textiles and footwear is due to increased reliance on import of raw materials, writes Aishwarya Sanas.
Indian nonwoven market will continue to grow
Sivasailam G, Managing Director, Freudenberg Performance Materials India, Chennai, speaks on the present Indian nonwovens market, and importance of sustainability in the development of spunlace and wetlaid nonwovens.