Browsing: Industry Update

The leading trade event in the world’s biggest yarn and fibre consuming market; an unrivalled ability in gathering high-quality worldwide buyers from various market sectors; strong industry affirmation on its effectiveness; synergies with concurrent international textile events… these are the key reasons why Yarn Expo is the fastest growing fair of its kind in recent years.

Indian spinners are likely to see a gradual performance recovery beginning 2017-18 last quarter after facing multiple problems over the last several quarters that resulted in their profitability touching six-year lows in the previous two quarters, according to a report by credit rating agency ICRA. Cotton yarn demand is also expected to gather strength.

The International Cotton Advisory Committee, Washington, has announced recently it expects global cotton consumption to increase in the coming year.

Sometime in next few years, hopes are high that China’s overall cotton import levels may rise and may even be back to 16 million bales

Businesses looking to grow with digital industrial textile production for apparel and décor can advance their operations with the new EFIâ„¢ Fiery® Textile Bundle – a set of design and production workflow innovations from Electronics For Imaging, Inc.

At the FIASWI’s Annual General Meeting held held in Surat recently, Bharat T Gandhi was re-elected Chairman of FIASWI for 2017-18.