Textile Commissioner, Dr Kavita Gupta, set the tone for the 6th Annual General Meeting and the Knowledge Sharing Session of the Indian Technical Textile Association, held at the Mumbai Cricket Association, Bandra-Kurla Complex in Mumbai recently.

Smart textiles are creating a fourth industrial revolution for the textiles and fashion industry worth over $130 billion by 2025, according to the recent report from technology consultancy Cientifica.

Two Taiwanese textile firms have set their sights on the Muslim world, which accounts for about a fifth of the global population (between 12 bn to 1.6 bn), by introducing new technology and innovative designs to appeal to the demographic.

The EU’s free trade agreement with Vietnam is expected to boost European growth and job creation in the retail sector, as well as the development of Vietnam, according to EU trade negotiators.

The Danfoss Group can now call itself the world leader in hydraulic motors after closing its bid to acquire US-based White Drive Products Inc

India’s merchandise exports fell for the second consecutive month in August, going down by a marginal 0.30 per cent.

India saw a decline in exports of woolen yarn, fabric and made-ups by 48 per cent and woolen garments by nine per cent in the first quarter of the current financial year.