India is estimated to consume 29.5 million bales of cotton (170 kg each), this season ending this September. Within one month of its recent estimate, Mumbai-based Cotton Association of India (CAI) has revised the estimate of India’s cotton consumption and import numbers.
Browsing: Industry Update
Jharkhand looking out for investors in the textile, apparel and footwear sectors as these have good growth potential. These sectors are the second largest employers in Jharkhand after agriculture.
For the first time, Australia will have the capacity to produce carbon fibres at scaled-up level. A wet spinning line has been installed at Waurn Pounds, Australia.
The Khadi & Village Industries Commission (KVIC) has bagged orders worth crores from hospitals, research institutions, railways and companies.
Textilwerke Todtnau Bernauer KG, a well-established textile company, plans to install Brückner stenter, which will be sold under the name BERATEX®.
Archroma, a global leader in colour and specialty chemicals who pioneered custom colour engineering in textile and fashion, launched a portable version of its popular Color Atlas system at the ‘Sourcing at MAGIC’ fashion industry show in Las Vegas, Nevada, USA.
Telegana is trying to woo investors for Warangal textile park, which is coming up on 2,000 acres and is expected to create large-scale employment to the entire region.