MARKET & ECONOMY​

Bringing together the denim fraternity under one roof, the third edition of Gartex will unveil the emerging trends and progress taking place in the denim industry to achieve sustainable growth. From Raymond and Arvind to the other world-class denim brands, the show beginning August 18 in New Delhi will attract the denim heads from around the country.

NITRA, India’s premier textile research association has launched Focus Incubation Centre (FIC), a step towards innovation. Further, NITRA in association with Confederation of Indian Textile Industry (CITI) is also planning to come out with a competition to identify bright and innovative ideas, and help such ideas be converted into commercial utility.

Xinjiang Kangruixin Textile Co Ltd is a fully invested subsidiary of Henan Shenqiu Sanzha Textile Co Ltd. The company operates 50,000 ring spindles, 640 semi-automated rotor units and 260 sets of high-speed rapier looms.

Supply of purified terephthalic acid (PTA) in Asia is expected to lengthen in the second half of 2018 as new capacities will start up in the major markets of India and China, amid a slowdown in demand, according to ICIS, a leading petrochemicals market information provider.

Aseven-member COTTON USA Executive Delegation travelled with Cotton Council International (CCI) to Mumbai, Coimbatore and New Delhi to participate in conferences emphasising U.S. cotton’s quality to Indian textile mill leadership and conduct meetings with key mill partners.

Supply of purified terephthalic acid (PTA) in Asia is expected to lengthen in the second half of 2018 as new capacities will start up in the major markets of India and China, amid a slowdown in demand, according to ICIS, a leading petrochemicals market information provider.