MARKET & ECONOMY
The currency imbroglio that is currently experienced in India following a cash shortage is hurting the cotton trade. With farmers seeking to sell their produce only in cash, the scarcity of notes has led to daily cotton arrivals declining by almost 50 per cent.
The currency imbroglio that is currently experienced in India following a cash shortage is hurting the cotton trade. With farmers seeking to sell their produce only in cash, the scarcity of notes has led to daily cotton arrivals declining by almost 50 per cent.
Globalisation still dominates apparel production and it is highly unlikely that reshoring or backshoring will bring back many jobs that were lost via offshoring, says the International Apparel Federation IAF President, Han Bekke. There is still too much pressure for cheaper prices, says pointing at the dominance of big players in the fashion market who have made globalisation more accessible via better IT systems and processes in their supply chain.
Globalisation still dominates apparel production and it is highly unlikely that reshoring or backshoring will bring back many jobs that were lost via offshoring, says the International Apparel Federation IAF President, Han Bekke.
In the US, there are regulatory requirements for the flammability of textile. For example, children’s sleepwear – a high-risk category – has stringent flammability regulatory requirements in several countries including the US, Canada, Australia and the UK
The Textile Ministry has decided to close down six jute mills of the Bengal and Bihar-based state-run PSU National Jute Manufacturers Corporation (NJMC).
Dr NN Mahapatra, President of Ahmedabad-based Colorant Ltd, delivered the GM Nabar endowment lecture recently at the Department of Fibres and Textile Processing Technology, ICT, Mumbai.
The fibre products converting company of the Teijin Group has developed Minotech, a highly water-repellent outerwear material for spring/summer 2017.
ColorJet India Ltd, the biggest Indian manufacturer of digital inkjet printing machines, after massive installations in the Indian market, now looks forward to embark on 100 plus installation of digital textile printing machines by 2017.