The two historical reforms viz., demonetisation and GST, brought by the Government within a span of eight months, though had a big impact on the performance of the textile manufacturing sectors especially the garment exports,etc.
Browsing: Industry Update
The Indian Government has urged industry players to invest in technical textiles as its market is likely to double to about Rs 2 lakh crore by 2022, a top official said.
Indian textile and clothing exports register positive growth. In 2017, India remained as the world’s leading cotton yarn exporter with a global market share of 25 per cent.
Siemens will be exhibiting at the automatica 2018 (June 19 to 22 in Munich) with an array of integrated and user-oriented Digital Enterprise solutions designed to sharpen the competitive edge of both end users and machine builders.
Biodegradable oil absorbent mats in India have received recognition by the Indian Coast Guard. Chennai-based WellGro Tech has recently developed highly biodegradable oil absorbent pads and mats for oil spill remediation.
Heightened consumer awareness, industry initiatives such as ZDHC (Zero Discharge of Hazardous Chemicals) or the Greenpeace Detox campaign: they all pose new challenges for brands, retailers and manufacturers.
Archroma, a global leader in colour and speciality chemicals, announced the further integration of M. Dohmen,an international group specialising in the production of textile dyes and chemicals for the automotive, carpet and apparel sectors