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The global market for nanotextiles should grow from $5.1 billion in 2019 to $14.8 billion by 2024 at a compound annual growth rate (CAGR) of 23.6 per cent for the period of 2019-2024
India, which ranks second after China in silk production, would become ‘completely self-sufficient’ in silk in the next two years, textiles minister Smriti Irani said recently.
As an indicator of the efficiency of logistical services necessary for promoting exports and economic growth, Gujarat has been ranked the topmost performer on the logistics index chart among 22 States.
The Central Pollution Control Board (CPCB) will develop new standards and emission control norms for the textile industry to cater to the emerging ecological challenges and strengthen environmental compliance.
The government may make the use of anti-hail nets to protect crops, chemical-protection suits for defence, and drapes, gowns, sanitary napkins and implants for medical use mandatory as it seeks to develop the potential of technical textiles and facilitate their public procurement.
According to a report released by the Commerce Ministry, as an indicator of the efficiency of logistical services necessary for promoting exports and economic growth, Gujarat has been ranked the topmost performer on the logistics index chart among 22 States. It is followed by Punjab and Andhra Pradesh, while Himachal Pradesh stood last.
The government may make the use of anti-hail nets to protect crops, chemical-protection suits for defence, and drapes, gowns, sanitary napkins and implants for medical use mandatory as it seeks to develop the potential of technical textiles and facilitate their public procurement.
According to Stratistics MRC, the global textile films market is accounted for $3.56 billion in 2017 and is expected to reach $7.51 billion by 2026 growing at a CAGR of 8.6 per cent.
Joe Nicosia (Global Platform Head of Cotton at Louis Dreyfus Company), will make his return to the International Cotton Association’s (ICA) stage at its upcoming Liverpool 2019 Trade Event, which takes place this October.