MARKET & ECONOMY
In the entire process of creating a garment, the accessories used might be the smallest part and applied at the very end, but they can have an outsized impact on the final look of the garment.
All eyes were on Texas recently, when hurricane Harvey hit South East Texas. Major industrial sectors in Texas such as cotton, oil refinery and transportation have been hard hit by the natural disaster.
The antimicrobial textiles market is estimated to be valued at $527.9 million in 2016 and is projected to reach $1,076.1 million by 2026, at a CAGR of 7.4 per cent from 2016 to 2026, according to the latest report published by ReportBuyer.
With the aim to woo investors to the mega textile park in the state, Department of Handlooms and Textiles, Government of Telangana has signed up for the International Trade Fair for Technical Textiles and Nonwovens ? Techtextil India 2017.
NORD DRIVESYSTEMS has expanded its range of high-efficiency smooth-surface motors. The new permanent-magnet synchronous motors without cooling fins achieve level IE4/super premium efficiency.
According to data compiled by the Cotton Textiles Export Promotion Council (TEXPROCIL), Indian cotton yarn exports witnessed a fall of 9.79 per cent in the first four months of fiscal 2017-18. Exporters cite slow pick up by China and Bangladesh, the two big target markets comprising around half of the cotton yarn shipments from India, for the decline.
Afghan investors who will attend the India-Afghanistan Trade and Investment Show in Delhi in September say they will urge Indian businessmen to invest in their carpet industry with the help of the United States Agency for International Development (USAID) and the Indian Government, which, they want, should establish a free market for Afghan carpets in India.
Organised by the Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA), the 18th Textile Asia International Exhibition will highlight the advantages of China Pakistan Economic Corridor (CPEC) for textile industry of both the countries.
The Indian Jute Mills Association (IJMA) is concerned over the proposed new pricing formulae of jute bags adopted by the Tariff Commission 2017 that will bring down prices of the bags supplied to the Government by minimum 10 per cent. The Association feels if the pricing is implemented from September, several mills will turn ‘unviable’ and shut down.