Tamil Nadu textile industry that accounts for one-third of the textile business, 47 per cent of the spinning capacity providing direct jobs to over 60 lakh people especially to rural masses and women folk and fetching Rs 60,000 crore as forex earnings, is the worst affected in the country under the current unprecedented recession due to raw material / finished goods transport cost and several other factors.
Browsing: Industry Update
At its site in Brilon, Germany, Bond-Laminates GmbH – a wholly owned subsidiary of speciality chemicals company LANXESS – has commissioned two new production lines for Tepex continuous-fibre-reinforced thermoplastic composites.
Demand, trade war and global economic scenario are all playing its part in the weak cotton market.
Researchers from IIT Kharagpur have developed a unique approach of generating electricity from clothes drying in natural ambience, which is otherwise a part and parcel of daily life, according to the premier institute.
Key players in the Indonesian textile sector have formally agreed to optimise locally sourced, sustainably produced rayon to drive the growth of the national textile industry, which is a core pillar of the country’s economy.
Doors will open on September 25 in Shanghai, China for Intertextile Shanghai Apparel Fabrics, with over 4,400 high-quality exhibitors from 33 countries and regions preparing to meet tens of thousands of potential trade buyers.
After a successful second edition in Mumbai, the Crafts Council of Karnataka is hosting the 3rd edition of its annual handicrafts / handloom textile and jewellery exhibition, Vastrabharana.