MARKET & ECONOMY
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.
The new hybrid edition of Techtextil India poised to be held from 1 – 3 September 2021 at Hall 4, Bombay Exhibition Centre, Mumbai, will connect technical textile players from across the globe through its multimodal platform.
Ind-Ra December 2020 report highlights the trends in the sub-segments of the textile sector, including cotton, man-made fibres (MMF), yarns and fabric with a focus on commodity prices, imports/exports, production and recent rating actions.
The new hybrid edition of Techtextil India poised to be held from 1 – 3 September 2021 at Hall 4, Bombay Exhibition Centre, Mumbai, will connect technical textile players from across the globe through its multimodal platform.
The US Cotton Trust Protocol welcomed its first Latin America-based members. Among other benefits, membership enables these mills and manufacturers to prove that the cotton fibre element in their textiles is more sustainably grown.
TMMA expressed, in its recently held 60th AGM serious concerns about the rising prices of the raw materials especially steel. At the time of booking April-May-June quarter, the steel prices were 15-40 per cent lesser than the current rates.
ICRA, a leading rating agency, said that the textile industry’s performance will go back to pre-COVID levels in the next fiscal year owing to increase in demands from the domestic as well as export markets.
TMMA expressed, in its recently held 60th AGM serious concerns about the rising prices of the raw materials especially steel. At the time of booking April-May-June quarter, the steel prices were 15-40 per cent lesser than the current rates.
The Nonwovens Institute introduces new comprehensive spunbond and meltblown courseâ€â€virtuallyâ€â€in response to urgent manufacturing needs.