As per a RedSeer report, the Indian female innerwear market will double by 2025, owing to rising income levels and greater awareness about brands selling lingerie, shapewear, swimwear, and loungewear.
Browsing: Industry Update
In a meeting held on Wednesday, BSE said that it has joined hands with Dun & Bradstreet Information Services India to create an ecosystem to help small and medium enterprises grow. The entities have also signed an MOU.
A new FET-100 series laboratory melt spinning system has been set up by Fibre Extrusion Technology Limited (FET) of Leeds, England, for filament yarn application in Indonesia.
The rate of inflation doubled in April due to a hike in the prices of fashion apparel and a drop in the prices of energy supplies. As per ONS, CPI jumped to 1.5% in April from that of 0.7% in March.
As COVID-19 caused huge losses in the fashion sector, the Clean Clothes Campaign, a global network of labour rights, appealed to UK, EU, Norway, Switzerland, and Australia to support the TRIPS waiver proposal.
Centre for Responsible Business and Alliance For Water Stewardship and Water Management Forum organised a workshop to share the benefits of wastewater management in the textile industry. This will help the climate too.
The company will add a large-scale Dan-Web airlaid production line to the Engineered Absorbent Materials (EAM) facility. This move will help the company become a leading airlaid nonwovens provider.