MARKET & ECONOMY​

India’s biggest intimate wear sourcing show, Galleria Intima 2015, moves to Delhi from 26-27 August 2015. The show will witness participation from over 80 exhibitors and 1,500 visitors. An initiative of the IAAI, Galleria Intima 4.0 is held on a much larger and grander scale so that the voice of every stakeholder in the industry gets heard.

Yarn Expo Autumn 2015 will take place for the first time in the National Exhibition and Convention Center (Shanghai), a bigger venue that is closer to China’s textile manufacturing hubs in surrounding provinces, from 13-15 October.

The buying season is here and has brought with it a host of interior decor, home textile and furnishing manufacturers to India to present their new collections, made-to-order product ranges and high-end designs at the country?s leading trade fairs for Interior Decor and Home Furnishings ? Ambiente India & Heimtextil India 2015.

China will start selling its massive cotton stockpiles this year, in a move likely to depress demand as the country’s mills hold off buying in anticipation of sales of discounted fibre. Market rumours have been hinting that China was preparing to release some of its holdings, which have swelled to around 10 million tons more than 40 per cent of world stocks.

Reifenhäuser Reicofil is supporting the Nonwovens Institute (NWI) of North Carolina State University, USA with a further cooperation: After the installation of a melt blown plant in 2011, Reicofil will now deliver an RF®4 BiCo spunbond line, which will be configured especially for trial purposes of the institute.

Textile Sector Skill Council (TSC) has begun collating data from the mill sector to understand the industry?s job role training requirement, for submission to the National Skill Development Corporation (NSDC).

Bangladeshi spinners demand introduction of warehousing facility for cotton trade to reduce lead-time and ensure the timely sourcing of the fibre. Under the facility, merchants from different countries will store cotton at Chittagong port warehouses to sell out their cotton to the local cotton importers and spinners.