LATEST NEWS

With every passing this year now, our confidence is improving. There are a few structural changes which I think have happened to the textile industry over the last several years and the most important being that this generally the demand and supply balance has been restored.

The year 2013 was of mixed type for Indian textile industry. On the one hand the mill sector (spinning/weaving) had a good year, the decentralised powerloom weaving sector had one or the other hiccups like power cuts, high tariff in power

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.

Singapore: Huntsman Textile Effects, a division of Huntsman Corporation (NYSE: HUN) and a leading manufacturer of textile dyes and chemicals, launched DICRYLAN® Shade Deepener (SD) to help mills achieve shade depths for blacks and navies which were previously unattainable.

During the international visit of Indian textile delegation led by the Union Minister of Textiles, Kavuru Sambasiva Rao to Japan, important MoUs were signed. An MoU between Apparel Training & Design Centre (ATDC)

The Maharashtra Textile Department has planned to offer packages for textile projects in Vidarbha region with a projected investment to the tune of Rs 1,800 crore with an aim to generate 15,000 jobs.

Technical textiles, which includes fabrics for architectures, auto-mobiles and parachutes, is becoming increasingly important in East Germany, according to the Association of South-East German Textile and Clothing Industry (VTI).

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