The latest USTER® QUALITY UNIVERSITY provides expert insights on growth and sustainability. The shared experience of top textile executives, a global-scale retail group and the leading provider of textile quality management technology gave a unique insight into the Indian textile industry. Market forecasts, valuable business intelligence and a realistic analysis of problems and solutions combined to draw up a ?Roadmap for the Future? for India?s spinning mills, at a special event organised by Uster Technologies.

High Plains of Texas is known globally for its cotton industry

“T T Brand is a brand for the masses. You won’t find this brand in the niche markets of India,” replied Sanjay K Jain, Managing Director of New Delhi-based T T Limited, when asked by one of his close friends as to why we do not see the “T T Brand” in regular malls of India.

Cotton prices in the Indian market are expected to rise during the coming “off-season months” on reports of lower production forecast and lesser carryover stocks likely for the next season on better consumption and exports.

The 2nd Defence-ITTA Joint Exhibition-cum-Seminar on Technical Textiles will be held on 25th & 26th May 2016 at the Sarvatra Auditorium, CME, Khadki, Pune according to the Indian Technical Textiles Association (ITTA).

Textile manufacturing firm, KPR Mill, plans to double its processing capacity at a cost of Rs 120 crore. The project is set to be completed in nine months and the firm plans to fund its expense through internal accruals and debt.

Cotton Outlook continues to forecast raw cotton production in 2016/17 at 22,748,000 tonnes, representing an increase of eight percent on the previous period. Cotton area is expected to increase modestly and a repeat of the current season?s reduction to yields is not foreseen. Global consumption is also unchanged, at 23,317,000, just 1.4 percent higher than in 2015/16.

China plans to restart auctions to sell off some of its 11 million metric-ton stockpile—the world’s largest—in the second half of April, a move likely to keep cotton prices under pressure meanwhile. China’s National Development and Reform Commission, an economic planning and development agency, will hold auctions from the middle or end of April to reduce its cotton stockpiles, according to CNDRC.

Mafatlal Industries (MIL), the flagship company of Arvind Mafatlal Group, estimates to close the current financial year with 25 per cent increase in its turnover at Rs 1,250 crore as compared to Rs 1,013 crore previous year.