MARKET & ECONOMY​

Mayank Jayantilal Roy, Managing Director of Excel Industrial Gears Pvt Ltd, Mumbai, has been elected the President of the Indian Textile Accessories & Machinery Manufacturers´ Association (ITAMMA) for 2015-2016. He has been a member of and serving in Managing Committee of ITAMMA for more than a decade.

Birla Cellulose, a division of the $40 billion Aditya Birla Group and a world leader in speciality viscose staple fibres (VSF) has embarked on a journey of adding more collaboration?s in China. And to do so, is participating at Intertextile Shanghai Apparel Fabrics, which runs from October 13-15, 2015 in Shanghai at stall No. 5.32, E32.

At the ITMA Milano 2015, the Textile Group Companies: Santoni ? Lonati ?Dinema? Tecnopea and ITS Machina Lonati, all together under a group synergy are aiming at offering a complete response to textile and knitting requests.

Cornstarch solution can be a potential candidate for next-generation bulletproof clothing and impact materials. Research in Professor Eric Brown?s laboratory at Yale University has shown a unique property of cornstarch-water mixture that responds to impacts well. Upon impact, it cracks resembling solids and then it returns to fluid state. This phenomenon is understood as ?shear thickening?.

Imports of fabrics by China in 2013-14 is Rs 5,500 crore, which is grossly undervalued to the extent of at least 50 per cent. Therefore, actual value will be over Rs 8,000 crore. Imports of fabrics consist of manmade (polyester, viscose and nylon) fibres and yarns as India is the net exporter of cotton yarn and raw cotton to China.

´The Textile Upgradation Fund Scheme (TUFS) is an interest subsidy scheme for upgradation of technology as part of measures to boost textile and jute sectors. Some say it is now plagued by issues including non-allocation of subsidy and delayed reimbursement´.

Cornstarch solution can be a potential candidate for next-generation bulletproof clothing and impact materials. Research in Professor Eric Brown´s laboratory at Yale University has shown a unique property of cornstarch-water mixture that responds to impacts well.

GoCoop, India´s 1st online social marketplace for weavers & artisans has launched the ´#ILoveHandlooms´ campaign to popularise handloom among the masses and to pledge support for artisans and weavers. Through the campaign, GoCoop invites people to share their love for handloom by posting a photo or writing a story about a favourite handloom product they own.