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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?
Textiles Ministry to form a structure under PLI: Irani
The Textiles Ministry is bringing to form a structure under which the Production Linked Incentive (PLI) Scheme for technical textiles and manmade fibre (MMF) segment will roll out, Union Cabinet Minister, Smriti Irani said at an ASSOCHAM Foundation Week Programme recently.
SGCCI submits EOI for setting EPC for technical textile
SGCCI in order to accelerate the production and export of technical textiles in Surat recently submitted the expression of interest (EOI) for setting up of the Export Promotion Council (EPC) for technical textiles.
India to position itself as global MMF hub
India is working to be a global hub in the man-made fibre (MMF) and technical textiles segments, including setting up five integrated textiles parks, a testing lab and starting a Focused Product Scheme, according to textiles secretary Ravi Capoor.
Garware’s aquaculture products in high demand globally
Garware Technical Fibres Ltd (GTFL) becomes a leading global player in providing aquaculture solutions for farmed salmon. The company has dominant market-share in high salmon-farming countries like Norway, Chile, Scotland, Canada, among others.
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