The global paraxylene market stood at $33.03 billion in 2015 and is projected to reap an opportunity worth $60.04 billion by the end of 2024.
Browsing: Industry Update
The Government will start trend forecasting for textiles sector soon, using commercial intelligence to determine what could be in vogue in near future, as India gears up to influence global fashion trends.
India’s cotton yarn and fabric exports are struggling because of the duty disadvantage faced by the Indian exporters in major markets, pointed out the Confederation of Indian Textile Industry (CITI).
Thai Acrylic Fibre Co, Ltd (TAF) and Kongkiat Textile Co Ltd have launched a new concept of fancy yarns with Radianza at recently held Premiere Vision (PV) fair in Paris from Feb 11–14, 2019.
Ghana recently launched a development partnership with Germany to build and sharpen vocational skills of managers and workers and drive the country’s apparel manufacturing sector.
The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved continuation of the Credit Linked Capital Subsidy and Technology Upgradation Scheme (CLCS-TUS) beyond 12th Plan for three years from 2017-18 to 2019-20.
The third edition of ITMACH India will be held from December 5-8, 2019, in Gandhinagar, Gujarat, the most important hub of textile manufacturing in the country.