Spinning has been good in India, but looking at the trend unfolding in the last six months, it needs a relook. One is the Technology Upgradation Fund (TUF) which has been temporarily stopped. Secondly, the yarn export to China has virtually come to a standstill.
Browsing: Automation
Weaving industry has been progressing well in the last couple of years. The first boom was in 2004 and 2005, when weaving attracted a lot of investment. Then it slowed a bit. Again in 2012, one more boom period started.
Is 2015 a watershed year for the textile technologies? Is the ITMA 2015 a gamechanger for the global textile industry? Joseph S, who witnessed some developments at the Fiera Milano Rho, attempts to explore the sentiments that prevailed at the fairgrounds.
For the man-made fibre industry (MMF) in India, its disgruntlement is turning into unceasing aggression. The reasons are many: China exports 65 per cent of manmade textiles out of its exports of $650 billion while India´s share of manmade textiles is hardly 20 per cent out of its exports of $40 billion.
The World Textile Summit, that was launched on the second day of the ITMA Milano, gave more than 150 textile industry leaders a range of expert insights into the business issues that feed into decisions on sustainability in the textile supply chain.
Levi Strauss & Co. of USA, known worldwide for its authentic vintage look jeans, is the winner of the first ITMA Sustainable Innovation Award. It clinched the ITMA Industry Excellence Award category from two other finalists: Berto Industria Tessile (Italy) and Gebrüder Otto (Germany).
Is 2015 a watershed year for the textile technologies? Is the ITMA 2015 a gamechanger for the global textile industry? Joseph S, who witnessed some developments at the Fiera Milano Rho, attempts to explore the sentiments that prevailed at the fairgrounds.