Tamil Nadu textile industry that accounts for one-third of the textile business, 47 per cent of the spinning capacity providing direct jobs to over 60 lakh people especially to rural masses and women folk and fetching Rs 60,000 crore as forex earnings, is the worst affected in the country under the current unprecedented recession due to raw material / finished goods transport cost and several other factors.
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Kasam Industries will be setting up Rs 100 crore textile manufacturing unit at Kakatiya Mega Textile Park in Warangal. The unit, which will comprise of spinning and yarn mills, may also have a dyeing unit.
Tamil Nadu textile industry that accounts for one-third of the textile business, 47 per cent of the spinning capacity providing direct jobs to over 60 lakh people especially to rural masses and women folk and fetching Rs 60,000 crore as forex earnings, is the worst affected in the country under the current unprecedented recession due to raw material / finished goods transport cost and several other factors.
Key players in the Indonesian textile sector have formally agreed to optimise locally sourced, sustainably produced rayon to drive the growth of the national textile industry, which is a core pillar of the country’s economy.
During the New York Home Fashions Market Week, Fall 2019, GHCL launched REKOOP 2.0, an evolved and expanded expression, which comprises of a total of 12 innovative collections.
India, which ranks second after China in silk production, would become ‘completely self-sufficient’ in silk in the next two years, textiles minister Smriti Irani said recently.
UNIDO, in collaboration with ACIMIT, has organised a symposium on Italian textile technologies in Cairo, Egypt, on September 25-26, 2019.