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.
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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.
Following successful verification in accordance with the Cotton made in Africa (CmiA) sustainability standard, the Aid by Trade Foundation (AbTF) will now be involved in sustainable cotton farming in North-Western Ethiopia, supporting over 9,000 smallholder farmers.
Demand for carpets and rugs in the US is projected to advance 4.5 per cent annually to 14.6 billion square feet in 2019, valued at $16.2 billion. Growth will be spurred by rebounding building construction expenditures and continuing consumer interest in replacement and remodeling projects, such as the removal of worn or out-of-style carpets & rugs.