MARKET & ECONOMY
Indian textile and clothing market is estimated to more than double from Rs $58 billion in 2013 to $138 billion by 2023 . All the three segments, apparels, home textiles and technical textiles, are expected to double their market size.
Converting sector is much needed for growing the technical textiles sector. Sushil Kapoor, President and CEO of Technical Textiles Business at SRF Limited, India emphasised the need for value addition in technical textiles sector while speaking at the recent Technotex International conference organised by FICCI with the support from Government of India in Mumbai.
SKF has launched a pioneering new model that will help engineers to calculate a more realistic bearing rating life by considering more influencing factors than before.
Cotton prices in India are expected to remain subdued in the near future. Coming to the domestic scenario, prices are likely to trend in line with the international markets as domestic prices have plunged below the international levels offering no triggers for upside movement.
By the time the 12th edition of the fabrics and accessories show, F&A Show 2015 and the 4th edition of home textiles fair- Hometex closed its doors on 14th March, more than 3,500 unique visitors had streamed through the KTPO gates in Bangalore, the venue of the twin shows, up 11 per cent from the 2014 editions.
By the time the 12th edition of the fabrics and accessories show, F&A Show 2015 and the 4th edition of home textiles fair- Hometex closed its doors on 14th March, more than 3,500 unique visitors had streamed through the KTPO gates in Bangalore, the venue of the twin shows, up 11 per cent from the 2014 editions.
By the time the 12th edition of the fabrics and accessories show, F&A Show 2015 and the 4th edition of home textiles fair- Hometex closed its doors on 14th March, more than 3,500 unique visitors had streamed through the KTPO gates in Bangalore, the venue of the twin shows, up 11 per cent from the 2014 editions.
Colorjet, a leading manufacturer of digital inkjet textile printers is participating at Garfab-TX, being held in Surat from May 15-17, 2015 at SIECC in booth no.
The Ministry of Textiles (MoT) had launched a scheme for Integrated Textile Parks (SITP) in 2005 to provide the industry with state-of-the-art world-class infrastructure facilities for setting up of the textile units.