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World cotton imports are projected to remain unchanged at 7.6 mn t in 2015-16. While China is likely to remain the world’s largest importer in 2015-16, its imports are forecast to fall by 12 per cent to 1.6 mn t. This represents 30 per cent of its peak volume of imports in 2011-12.
India’s cotton textile exports grew by 26 per cent at $6,235 million in the first six months ended September 2018 and the on-going trade war between US and China will open up new export opportunities, the Cotton Textiles Export Promotion Council (Texprocil) said.
Odisha is planning to setup three textile parks to encourage investments in the textile sector, which is one of the focus sectors for the State, Minister of Handlooms, Textiles & Handicrafts, Snehangini Chhuria said.
Vardhman Textiles has reported the production and sales details for the second quarter of FY19 under yarn, grey fabric and processed fabric segments.
From 16 to November 28, Fulgarâ€â€the Italian company that is the leader in the production of man-made yarnâ€â€will be present at Fabbrica del Vapore space in Milan for the exhibition – Textile Evolution – Made in Italy 4.0.
CMAI’s Apparel Index for Q2 (July-Sept FY 2018-19) reveals, growth has fallen to almost a no growth level and touched 0.18 points.
Elgi Equipments Ltd, manufacturer of air compressors, has announced the results for the second quarter ended 30th September, 2018, posting a PAT for the group for the quarter ended 30th September, 2018.
INDA recognised Ralph Moody, PE, Senior Director of R&D, Berry Global, Inc. with its prestigious 2018 Lifetime Technical Achievement Award before 500 nonwoven and engineered fabric professionals recently during at the association’s annual Hygienix Conference.
Revenues from international operations were augmented by the newly acquired entity, FR Pulford & Son Pty Ltd Australia