Browsing: Industry Update

On February 9, 2018, KARL MAYER welcomed the Indian Minister of State for Textiles, Ajay Tamta, at its Development Center in Obertshausen. The government representative was accompanied by Anant Kumar Singh, Secretary Government of India, Ministry of Textiles, and by other delegates from the Ministry and Consulate General.

The joint owners of the ITMA ASIA + CITME 2018 exhibition have announced new dates for the sixth combined showcase to be held at the National Exhibition and Convention Centre, Shanghai this October. The new dates are from 15 to 19 October 2018.

In 2009, the International Cotton Advisory Committee (ICAC) started an annual award “ICAC Cotton Researcher of the Year Award”. The award raises the importance of research to the cotton industry and provides international recognition for exceptional achievements.

Dr A Sakthivel, well-known architect of Tiruppur knit cluster, has been unanimously elected as the vice chairman of Apparel Export Promotion Council (AEPC) for 2018-19. He has previously been the chairman of AEPC for three tenures in the year 1998, 2004 and 2012 and has also been a member of Executive Committee of AEPC for the last 35 years.

The CAI has lowered its estimate of the cotton crop for the ongoing season by 8 lakh bales. The reason for this reduction is severe infestation of the cotton crop by pink bollworm.

Texcare – the world’s leading brand for modern textile care marked its entry in India through a dedicated forum on laundry, cleaning and textile rentals organised by Messe Frankfurt India and Virtual Info Systems.

A recent Bloomberg report over the changes in consumer behavior of US customer raises serious questions on the pattern of income spending which seems to be anti-clothing and pro-travel & food . This is an early sign of a big problem for the Apparel Industry.