European flax fibres and Chinese linen yarns are flooding the Indian market thanks to a spurt in consumers’ interest in linen products. Samuel Joseph reveals some emerging trends in the linen scenario. Linen is the coolest fabric material in the world, but its market is getting warmer day by day in India, thanks to a spurt in promotion mounted by the big names including Grasim, Raymond and many more small players.
Search Results: China Plus One (296)
“T T Brand is a brand for the masses. You won’t find this brand in the niche markets of India,†replied Sanjay K Jain, Managing Director of New Delhi-based T T Limited, when asked by one of his close friends as to why we do not see the “T T Brand†in regular malls of India.
Jürg Fedier, CFO of the Oerlikon Group says: “In 2015, we defined a strategic roadmap to develop Oerlikon into a more focused company, building on our unique competencies, technologies and positions in surface solutions, advanced materials, components engineering and manufacturing technology. We also completed important steps such as the sale of the Advanced Technologies Segment and the announced divestment of the Vacuum Segment.†“Our balance sheet is strong and allows for targeted investments in organic and inorganic growth. We delivered strong operating profitability in a difficult economic environment.
The number of digital buyers in India is expected to reach 41 million by the end of 2016, among which the rank of online buyers of apparels has been growing at a faster rate.
Dark clouds that have gathered over cotton, the once-white-gold, are yet to disperse. Rising stock, falling price, China’s detrimental policies, agricultural crisis and boom in synthetics are sending shock waves across nations, more so in India.
I remember a presentation I made in China last June, where I proudly claimed that Indian textile industry would be well off even with less purchase of cotton and yarn by China. We all were buzz with optimism and were ranting the Indian consumption story.
Another bumper crop of cotton is in offing and tremors are felt already on the price front. The Cotton Corporation of India (CCI) is getting ready for yet another year of minimum support price (MSP) operations.