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Indian textile industry is the second largest in the world, next to China. But the gap between the No 1 and No 2 is huge. If we go back to the 50s, India used to have a larger market share in the textile & clothing – say about 13 per cent.
Exports of Indian MMF textiles were not encouraging during 2012-13. The exports of man-made fibre textile which grew consistently during last 10 years have declined by 9 per cent during 2012-13 compared to the previous year and amounted only US $5.37 billion.
SGL Group, the Carbon Company based in Germany, has started production of stretch-broken carbon fibre yarn at its facility in Muir of Ord, Scotland. An official ceremony inaugurating the new production took place recently.
Texfair 2013, and the concurrent event, Farm to Finish Expo 2013 came to an end on December 16, 2013, on a very hopeful note for the textile industry.
Siyaram Silk Mills Ltd reported net sales/income from operations of Rs 338.48 crore for the quarter ended September 30, 2013 against Rs 267.28 crore for the quarter ended Septem- ber 30, 2012.
Rudimentary requirement for any textile manufacturer-exporter, and who is a part of the international market must legalise the ownership of the hardware and software IT, cautions Prerna Sharma.
The branded apparel market in India is expected to witness a positive growth over the next few years, though the organised apparel retail in India has been struggling with sluggish growth.
Kornit Digital, producer of industrial and commercial digital printers for the textile industry, has partnered with Spoonflower to install the Kornit Allegro roll-to-roll printing system.
The non-contact B92 EVO pulse generator from Rieter facilitates improved measuring accuracy — even with heavy soiling.