In my business life, I have not seen a worse situation than this, where such a big disparity is there between spot cotton prices and yarn prices. This disparity for such an extended period of time shows there is a deep rooted problem and it?s not a temporary feature. The current isolated spurt in Indian cotton prices has aggravated the situation to an extent that many can hear the death knell. The more disturbing fact is that no domestic yarn buyer is hassled or is rushing to buy yarn-they know cotton prices have moved 50 per cent and yarn just 20 per cent-still no anxiety! International buyers have diverted their orders as cotton in India has increased much much more in comparison to international cotton prices.

Huntsman Textile Effects has streamlined its India Commercial organisation to strengthen sales and aftersales functions, analysis of industry and product trends, expand the business and further improve customer satisfaction. With dedicated Sales teams covering North, Central and South India and Sri Lanka regions compared to North and South regions previously, the teams are now more geographically aligned with Huntsman Textile Effects’ customer base in India.

After the successful introduction at the ITMA in Milan, SSM will show their latest technologies and inventions for the first time in Asia. Special focus lies on the new XENO-platform with the enhanced DIGICONE® 2 winding algorithm, enabling a 10 to 20 per cent increase on dye package density with same dyeing recipe. For the first time ever the SSM X-Series will be shown to the public. The machines—TWX-W/D, PWXW and PSX-W/D—are the most economised winding solution, reduced to the max yet maintaining highest flexibility for any cost efficient winding application.

Surat polyester fabrics, saris and dress materials will be on the shelves of Bangladesh consumers, if the Southern Gujarat Chamber of Commerce and Industry’s (SGCCI) plan to set up an extension office at Dhaka with the assistance of Federation of Bangladesh Chamber of Commerce and Industry (FBCCI) brings good results.

According to BS Agarwal, President, SGCCI, Bangladesh is the top manufacturer of readymade garments and garment industry uses around 90 per cent cotton.

As many as 25 new products for the textile sector will be launched at the 10th India International Textile Machinery Exhibition (ITME), which will be held in Mumbai in December this year. The products include eight for the spinning sector, seven for processing and nine for weaving, said Sanjiv Lathia, Chairman of India ITME 2016.

The politics of Goods and Services Tax (GST) may take some more time to sort out, but its basic impact on textile industry can be analysed beforehand. ITJ sought opinions on GST?s impact on the textile industry. Current exemptions on certain goods to continue: Multiple exemptions exist under the present tax system ? the Centre has ~300 items exempted from central excise duty, while the States (together) have ~90 items exempted from VAT. These will be merged into a Final synchronised exemption list under the GST regime.

The 6th edition of Techtextil India Symposium, scheduled for September 8-9, 2016 at Holiday Inn, Mumbai, will highlight the prowess of technical textiles and nonwovens sectors across the globe. Several editions of the conference have been held over the past years in Frankfurt, India, Middle East and Russia. In India, the symposium has been the centre of discussions, deliberations and dialogues among the key stakeholders.

KARL MAYER, the technology and market leader offers perfect solutions for warp knitting, technical textiles and warp preparation for weaving. KARL MAYER will exhibit its latest innovations in two locations simultaneously, and simultaneously at an in-house exhibition at KARL MAYER (China) in Wujin. A free shuttle service will be available between the two locations.

Welspun plans to launch a series of smart textiles with patented technology, the company said while formally announcing the patented HygroCotton technology by its premium brand Spaces Home & Beyond.