TUFS scheme has been serving as ´Sanjivani´ (Life Giving) for textile sector till date. It was introduced with an aim to boost investments into textile sector.
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TUFS, when launched in 1999, had an objective to grow India´s iconic textile industry and to a certain stage it did achieve that purpose.
Cotton imports by China in June have fallen by 26 per cent already. The see-sawing of prices in major countries including India is causing a lot of anxieties. Chinese prices are under pressure from significant left-over commercial stocks as well as sales of state reserve cotton, kicked off recently.
Mesdan is a renowned manufacturer of yarn splicers and testing equipment. The division manufacturing laboratory testing equipment, known as Mesdan-Lab, displayed its products in two halls: Hall W4, booth K30 and Hall E1, booth C50.
The Indian textile industry has been very dynamic & the stakeholders of the supply chain especially the colourists have to tackle a huge range of issues daily. The most challenging one is to make ´cleaner products´ of expected quality and at a competitive price.
Clean and sustainable trade speak to support a better way of growing, processing and selling clothes have put a spotlight on the textile value chain. To make textiles sustainable the India Report Series highlight perspectives on the challenges on the transformation.
Global competition: Indian units have been facing competition from other countries like Taiwan, South Korea, China, Bangladesh, Pakistan, etc.