The Central Pollution Control Board (CPCB) will develop new standards and emission control norms for the textile industry to cater to the emerging ecological challenges and strengthen environmental compliance.
Itema, multinational company part of Radici world of companies manufacturing advanced weaving solutions including weaving machines, spare parts and integrated services, announced on September 19, 2019 that the company has signed the agreement for the taking over of Schoch Group.
R|Elan™, the next generation fabrics, announced the launch of “R|Elan™ Run to Make India Litter Free†– an initiative with Ripu Daman Bevli, to clean-up 1,000 km covering 50 cities across India, with a symbolic ploggers’ run at India Gate in New Delhi.
World cotton production is projected to be lower than its consumption for the fourth year in row. This has marginally supported the cotton prices in CS19 despite the subdued demand.
With transformation of the Indian economy post liberalisation in the early 1990s, the demand and consumption of technical textiles products in India has been consistently increasing, says a report from KPMG.
As part of her third stimulus package for the economy, Finance Minister Nirmala Sitharaman unveiled a set of stimulus measures to boost exports and the housing sector.
During cotton season 2018-19, area under cotton cultivation increased marginally to 126.07 lakh hectares as against previous years’ area of 125.86 lakh hectares.