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Messe Frankfurt India together with the Indian Plumbing Association have mutually agreed to postpone the 2020 edition of ISH India powered by IPA and will be introducing ISH India Virtual powered by IPA – a new digital sourcing model for the industry.

Textile sector is under stress in India. Recently, Mumbai-based Cotton Association of India (CAI) estimated that this year’s Indian crop (October 1, 2019-September 30, 2020) to be 33.55 million bales (170 kg each) as against its previous estimate of 33 million bales (170 kg each).

GHCL Limited, India’s leading chemical and textile company, announced its financial results for Q1FY21. Commenting on the financial performance, RS Jalan, Managing Director, GHCL, said, “As the global COVID crises evolves even further, we are now witnessing a wider impact on economies across the world.

The government will roll out a production-linked incentive (PLI) scheme for the labour-intensive textiles and garment sector and correct its historical policy bias towards a cotton-dominated value chain, as it plans a renewed bid to reclaim India’s export markets after ceding a substantial ground to Bangladesh and Vietnam in recent years.

Members of TMAS—the Swedish textile machinery association—have adopted a range of new strategies in response to the Covid-19 pandemic, aimed at assisting manufacturers of textiles and apparel to adjust to a new normal, as Europe and other regions emerge cautiously from lockdown.

Alessandro Liberatori—Trade Commissioner and Director of the Italian Trade Commission, New Delhi and the Coordinator of Trade offices in Nepal, Bhutan, Sri Lanka, Maldives and Bangladesh—speaks on the emerging trends in textile machinery industry globally.