Fuel crisis due to coal shortage and increase in costs of colour and chemicals has led to rising production costs, forcing several mill owners in Surat to propose shutting down the mills for the whole of November.
Aatmanirbhar Bharat today is not just an ideal but a vision which will be realised soon, given the many empowering strides taken by the segment in the right direction, says Vikash Agarwal.
India is only second after China when it comes to manufacturing and export of textile globally. The country now needs to work towards self-reliance by building indigenous textile machinery and technology, says Vibhav Jain.
The two mega trends of climate change and digitalization – collectively termed the ‘Third Wave’ – will have a profound impact on the textile value chain. Navdeep Singh Sodhi in this article offers a policy perspective to foster new business models.
The Government of India’s approval for the Rs 10,683 crore Production Linked Incentive (PLI) scheme is expected to provide a shot in the arm for manmade fibre (MMF) and technical textiles sectors. Now the onus is on the industry to rise to the occasion, says Rakesh Rao.
By moving the industry to on-demand manufacturing, Kornit will help eliminate the estimated 1.1 billion apparel items overproduced using traditional production methods, based on an industry average of 30% overproduction.
Innovative power is part of the DNA of Swiss Textile Machinery members, and that is certain to have a positive impact on the development and growth of the nonwovens industry.