LATEST NEWS
With a vision to be a fully integrated and globally competitive textile manufacturer, SVP Global Ventures Ltd, India’s largest compact cotton yarn manufacturer, is foraying into technical textiles.
The U.S. Cotton Trust Protocol has announced the membership of PVH Corp, one of the largest global apparel companies. This membership will help PVH achieve its commitment to sustainably source 100% of its cotton by 2025.
Indian textile industry needs to take a bigger pie from the global market. Industry 4.0 & sustainability are a prerequisite & so new technology advancements are the need of the hour, says Avinash Mayekar.
The Government of India has notified the Rs 106.83 billion Production Linked Incentive (PLI) scheme for textiles that covers 10 technical textile products, 14 manmade fibre (MMF) products and 40 MMF apparel.
Garments manufacturers in Bangladesh have breathed a sigh of relief as yarn prices started easing after rising to a high level.
Zalando, Europe’s leading online platform for fashion and lifestyle, invested in the circular fashion and textile technology group Infinited Fiber Company (IFC).
Grasim Industries Limited, a flagship company of the global conglomerate Aditya Birla Group, is building an Aditya Birla Public School at Pallipalayam – a central weaving and spinning hub near Erode, Tamil Nadu.
Fibre-reinforced composite solutions with non-crimp fabrics as reinforcement layers offer many advantages in lightweight construction and are therefore in demand in a wide range of applications, particularly when the price is right.
Textile industry formed a sizeable chunk of the Indian economy, long before the advent of the Europeans in India. The industry will play a crucial role in paving the way for India to become Atmanirbhar, says Vinod Kumar Gupta.