MARKET & ECONOMY
India is targeting to increase its bilateral trade with the US to $500 billion from current levels of over $100 billion in the near term
Welspun plans to launch a series of smart textiles with patented technology, the company said while formally announcing the patented HygroCotton technology by its premium brand Spaces Home & Beyond.
Huntsman Textile Effects has streamlined its India Commercial organisation to strengthen sales and aftersales functions, analysis of industry and product trends, expand the business and further improve customer satisfaction. With dedicated Sales teams covering North, Central and South India and Sri Lanka regions compared to North and South regions previously, the teams are now more geographically aligned with Huntsman Textile Effects’ customer base in India.
The 6th edition of Techtextil India Symposium, scheduled for September 8-9, 2016 at Holiday Inn, Mumbai, will highlight the prowess of technical textiles and nonwovens sectors across the globe. Several editions of the conference have been held over the past years in Frankfurt, India, Middle East and Russia. In India, the symposium has been the centre of discussions, deliberations and dialogues among the key stakeholders.
The DGFT has notified vide Public Notice No. 67/2015-2020 dated March 30, 2016 that ?Textiles Committee? would also be one of the competent agencies to issue Certificate of Origin (COO) under certain Free Trade Agreements (FTAs)/Preferential Trade Agreement(PTAs) along with the other Authorised Agencies.
Surat polyester fabrics, saris and dress materials will be on the shelves of Bangladesh consumers if the SGCCI’s plan to set up an extension office at Dhaka with the assistance of FBCCI brings good results.
The Union Minister of Textiles Smriti Irani has asked the Textile Commissioner to get a detailed feedback on issues faced by powerloom sector.
The Gujarat government is planning to set up India?s first textile university at Surat, Gujarat with an investment of about Rs 800-900 crore.
The Gujarat government is planning to set up India?s first textile university at Surat, Gujarat with an investment of about Rs 800-900 crore.