Global market size for technical textiles is estimated at $145 billion in 2015 and is expected to grow at a CAGR of 4 per cent to $170 billion by 2020, according to Wazir Advisors Knowledge Paper.
Search Results: CMAI (204)
India’s technical textile market is estimated to reach Rs 1,16,217 crore by 2017-18, and the important feature at this year’s Techtextil India, to be held from September 13 to 15, 2017 at the Bombay Convention.
The long-awaited GST rates have sparked off many a smile and a few wails in the textile industry! While the majority of textile industry, particularly the garment industry, has gone gung ho over the new rates of GST, synthetic textile segment has been crying hoarse, legitimately over the 18 per cent rate.
As Techtextil India gears up to expand its scope into the garment machinery segment through an exclusive Texprocess Pavilion this year, VDMA Textile Care, Fabric and Leather Technologies has come forward to announce its support for this much-awaited launch.
After a slowdown in Q3 post-demonetisation business the Clothing Manufacturers Association of India’s (CMAI) Q4 Apparel lndex (January-March FY2016-17) reveals that the apparel industry is slowly and surely making a recovery. The Q4 Index shows growth has improved mildly with overall index value moving up to 2.25, compared to 1.4 points in Q3.
By and large, textile industry has welcomed the Finance Minister Arun Jaitley?s Budget, hailing it as ?growth-oriented.?
By and large, textile industry has welcomed the Finance Minister Arun Jaitley?s Budget, hailing it as ?growth-oriented.?