The Maharashtra cabinet has approved a new textile policy for 2018-2023 to attract investment of Rs 36,000 crore and generate 10 lakh jobs. Reducing power tariff and raising capital subsidy for spinning mills are two key aspects of the policy, which takes forward the ‘Make in Maharashtra’ idea to strengthen the cotton industry and silk business.

Directa Plus, a producer and supplier of graphene-based products for use in consumer and industrial markets, has launched two new textile collections containing the company’s Graphene Plus (G+) by Eurojersey, a producer of high quality warp-knit technical fabrics under its Sensitive Fabrics brand, and Colmar. Both collections were unveiled at ISPO 2018, the sport and sportswear international trade fair held in Munich.

Cotton imports by Southeast Asian nation of Vietnam have surged by around 50 per cent in January 2018, compared to the same month of the previous year, according to data from the country?s ministry of industry and trade. The US, followed by India, Australia, Brazil and Ivory Coast were the major suppliers of white fibre to Vietnam during the month.

The Khadi and Village Industries Commission (KVIC) has sent a legal notice to Fab India, a chain of ethnic wear retail outlets, demanding a whopping Rs 525 crore in damages for “illegally” using its trademark “charkha” and selling apparels with the ‘khadi’ tag.

Prominent and key textile machinery manufactures from across the globe such as ITEMA, Dornier, Staubli, Weavetech, Lifebond, Inditec, Prashant Gamatex, LUWA, LCC, Yamuna, ColorJet, DCC, ATE, Elgi Equipments, SIMTA, Inspiron Jay Instruments,etc.

The Directorate General of Anti-dumping and Allied Duties (DGAD), under the commerce ministry, Government of India, has concluded that imposition of anti-dumping duty (ADD) is not warranted on imports of polyester staple fibre (PSF) from China, Indonesia, Malaysia and Thailand.

Tamil Nadu textile industry has reacted positively to the increase in budgetary allocation to the sector at Rs 7,140 crore but insists that concerns over pending funds under various schemes and erosion of pre-GST incentives still hurt the industry.

Finance Minister Arun Jaitley proposed doubling of customs duty on silk fabrics to 20 per cent to provide adequate protection to domestic industry. According to the Budget 2018-19, customs duty on silk fabrics has been raised from 10 per cent to 20 per cent. Silk exporters, however, said the move would hit shipments of silk garments from India.

Uster Technologies, a high-technology instrument developer of products for quality measurement and certification of textiles, has announced plans for a phased evolution in key senior management positions.