Textiles is India´s foremost manufacturing industry and has a significant impact on the economy since it contributes to industrial output, employment generation and the export earnings of the country. With contribution of about 14 per cent to the industrial production, 4 per cent to the GDP and 13 per cent to the country´s total export earnings, the industry provide direct employment to over 45 million people.

The Better Cotton Initiative Council has appointed to serve as the new CEO of BCI, with effect from September 28. McClay replaces Patrick Laine who is retiring, but will continue to manage specific BCI projects during a transition period.

What do handbags, hovercrafts, habitats, hang-gliding, halyards, healthcare and horticulture have in common? Natural fibres like wool, cotton, silk, jute and linen were used to make textiles more than 5,000 years ago. Textiles, once used primarily as a means of protecting oneself from the environment and for ornamentation, has moved beyond the home into construction, transportation, aerospace, agriculture and medicare, over the last hundred years.

The Hong Kong Trade Development Council (HKTDC) organised a seminar in New Delhi to introduce, describe and communicate how best to use its Small-Order Zone system. The HKTDC Small-Order Zone Online Transaction Platform is a buyer-oriented online sourcing platform for direct sourcing of quality products in small quantities.

Sustainable textiles are textiles (or fabrics) that are grown and created in an environmentally friendly way, using minimal chemicals. Because chemicals are not used in sustainable textiles, there are less health problems that are associated with chemicals such as headaches, allergies, skin irritation, and respiratory problems.

Imports of fabrics by China in 2013-14 is Rs 5,500 crore, which is grossly undervalued to the extent of at least 50 per cent. Therefore, actual value will be over Rs 8,000 crore. Imports of fabrics consist of manmade (polyester, viscose and nylon) fibres and yarns as India is the net exporter of cotton yarn and raw cotton to China.

What do handbags, hovercrafts, habitats, hang-gliding, halyards, healthcare and horticulture have in common? Natural fibres like wool, cotton, silk, jute and linen were used to make textiles more than 5,000 years ago. Textiles, once used primarily as a means of protecting oneself from the environment and for ornamentation, has moved beyond the home into construction, transportation, aerospace, agriculture and medicare, over the last hundred years.

Basant, leading innovators, technology solution providers, manufacturers and exporters of PORCUPINE brand pins and pinned products for 30 years, has introduced several new products for benefit of the textile spinning industry. It has the world´s widest range of pins and pinned products manufactured under one roof.

The 2008 recession was another defining moment in the life of Indian textile industry, and a study by Rajan Nagpal & Ronak Agarwal reveals the effect of the slowdown on the return on equity % and the profit margin % of the major textile firms following that period.