India is expected to be self-sufficient in silk production by 2020 with an annual growth rate of 19 per cent, and the aim is to produce around 34,000 metric tonne (MT).

India’s cotton yield has received a boost as 6.6 lakh bales (each weighing 140 kg) of cotton have been procured so far surpassing last year’s production figures of 6.5 lakh bales.

Textile mills in Bangladesh fear losing their competitiveness following the government’s move to use LNG in the manufacturing sector.

With major apparel companies revving up to expand their presence within South Korea and abroad, the fashion market in South Korea is expected to grow 3.3 per cent this year.

AkzoNobel, leading paints and coatings company and a major producer of specialty chemicals, has announced the opening of a new facility in Felling, the UK.

London is gearing up to host Texfusion on March 28 and 29, 2017, which caters to international fashion fabrics and accessories, home textiles, functional fabrics and garment manufacturers.

Indorama Ventures Public Company Limited (IVL), a leading chemical producer, has received the distinction for its excellent sustainability performance and has been recognised as one of the top-scoring companies in the chemical industry globally.

India is estimated to consume 29.5 million bales of cotton (170 kg each), this season ending this September. Within one month of its recent estimate, Mumbai-based Cotton Association of India (CAI) has revised the estimate of India’s cotton consumption and import numbers.

Jharkhand looking out for investors in the textile, apparel and footwear sectors as these have good growth potential. These sectors are the second largest employers in Jharkhand after agriculture.