The announcement of portfolios for Prime Minister Narendra Modi’s new-look Cabinet saw some big portfolio changes among the existing ministers. In one such change, Smriti Irani will now take charge as Textiles Minister. She has taken over from Santosh Kumar Gangwar, who has now been given the Finance department. Ajay Tamta will also be given an active role in the Textiles Department. Irani was earlier the Minister of Human Resource Development. She joined the Bharatiya Janata Party in 2003. She became Vice President of the Maharashtra Youth Wing in 2004.
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Demand for coated fabrics in the US is forecast to increase 2.1 per cent per year to 650 million square yards in 2020. Coated fabric usage is highly dependent on two factors: the production of end products and the level of competition from alternative materials, such as leather, plastic and rubber sheeting, and uncoated fabrics. These and other trends are presented in Coated Fabrics, a new study from The Freedonia Group, a Cleveland-based industry research firm.
Sustainable textile processing research has been undertaken way back in the 1980s and has led to significant cost savings in the textile industry. Professor Fred L Cook, who has recently retired from fulltime teaching at Atlanta, Georgia-based Georgia Institute of Technology after four decades of distinguished career there, highlighted some of his key research accomplishments
For Italian textile machinery manufacturers, the first quarter of 2016 has opened with a recovery in orders on the domestic side. In foreign markets, orders have instead dropped off slightly. Raffaella Carabelli, President of ACIMIT, said: “The recovery on the domestic market compared to the minimum recorded a year ago is highly encouraging. Abroad, only a few markets have performed well.â€Â
The textile giant Raymond has spun out a fast moving consumer goods (FMCG) group to extend the famous apparel brand to over a dozen personal and home care products. The 90-year-old company already has JK Helene Curtis, which sells Park Avenue deodorants, and JK Ansell, the maker of Kama Sutra condoms, with a combined annual revenue of Rs 800 crore. The new division will house Raymond products, along with new brands spread across skin and hair care segments.
Shipments in some of the textile machinery segments experienced declines in 2015. Deliveries of new short-staple spindles fell by nearly 8 per cent from 2014 to 2015. Shipped long-staple spindles and open-end rotors decreased by 61 per cent and 6 per cent, respectively.
CEMATEX, the European Committee of Textile Machinery Manufacturers, has announced that it has awarded a contract to a new company, ITMA Services, to organise its ITMA 2019 show. ITMA Services NV is headquartered in Brussels and has a subsidiary office, ITMA Services Pte Ltd, in Singapore.