MARKET & ECONOMY​

Sanjay Garg, President, NITMA appealed for the urgent need of raising custom duty on manmade yarns from the current 5 per cent to 10 per cent in in the ensuing Union Budget 2021 for the growth and expansion of domestic MMF Industry.

Datacolor, a global leader in colour management solutions, recently launched the Spectro 1000/700 series, a family of close-tolerance benchtop spectrophotometers designed for high efficiency and confidence in colour formulation and quality control.

With one per cent of garments being recycled and three quarters of the world’s clothing ending up in landfill, the textile industry is seeking ways to make production more sustainable and pay more attention to the entire life cycle of clothing.

Addressing FICCI TAG 2021, 12th annual conference on the theme ‘Repositioning Indian Textiles and Strategising for Growth in the Post-COVID World’, Ajay Arora of D’décor said digitisation is key to growth in Indian textile industry.