The global technical textile market that was worth $133.93 billion in 2012 is expected to reach up to $160.38 billion by 2018. It also predicts that in terms of volume the global demand will grow at a temperate CAGR of 3.3 per cent from 2012 to 2018 and reach 30.71 million tonnes by the end of 2018.
Browsing: Spinning
Anders Jansson, CEO of Nordic marine energy technology company Minesto, finds the EU action on climate very encouraging and the most visionary major policy document ever produced in the renewable energy field, hopefully to be followed by other nations and regions outside the EU.
While Malaysia´s textile and apparel industry may be facing fierce competition from low-cost suppliers in Asia and elsewhere, the country´s technical textile industry shows inclination towards tapping the export opportunities inherent in developed countries.
Growth Programme 2015, run by Department of Science and Technology (DST), the Government of India, Lockheed Martin Corporation, USA, Indo-US Science and Technology Forum (USSTF), Federation of Indian Chambers of Commerce and Industry (FICCI)
Seeing the low penetration and high growth potential, Taiwanese companies are eagerly looking at the Indian market for technical textile products. Rising labour costs in China too is forcing some of these companies to consider manufacturing in India.
The Autoconer was the first automatic winding machine in history and each of its new machine generations caused quite a sensation in the textile industry. Now it is happening again: Equipped with improved process intelligence, the new Autoconer 6 boasts powerful innovations, a noticeable increase in productivity and best energy efficiency.
Maharashtra has planned to set up a special textile park to create eco-friendly textile and lend assistance for establishing such industries.