In India, this season’s 65 per cent of cotton crop has arrived and if the price stability is maintained, it will be win-win for the cotton and textile sectors
Browsing: Industry Update
The Indian Technical Textile Association (ITTA) has announced that the 3rd Defence-ITTA Joint Exhibition and Conference on Technical Textiles will be held on 22nd and 23rd May 2017
Punjab Agricultural University in Ludhiana has announced that it has developed country’s first genetically-modified (Bt) varieties of cotton  the seeds of which could be reused by farmers, resulting in saving the repeated cost they have to bear every season.
Surgical masks, gloves, footwear, and other apparel is seeing an increase in demand within healthcare facilities for the protection of patients, as well as doctors, nurses, and other healthcare workers.
Gokaldas Exports will set up four apparel manufacturing units in Andhra Pradesh. The units, which are likely to be ready in four years, are expected to entail an investment of Rs 200 crore.
The Union Textiles Minister Smriti Irani unveiled a Mudra portal recently that will enable banks to deposit financial assistance to handloom weavers in electronic mode and credit the loan directly to their accounts.
India Ratings and Research (Ind-Ra) has maintained a stable outlook for cotton textiles for FY18. However, the agency has revised its cotton outlook to stable for FY18 from negative for FY17.