Presently the Indian textile engineering industry is fulfilling only 45-50 per cent requirement of the domestic market of Rs 15,000 crore, while exports about Rs 6,500 crore worth textile machines and accessories. It has targeted to reach to Rs 25,000 crore by 2025.
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A record 971 exhibitors from 12 countries and regions (2017: 721), and 17,664 trade buyers from 35 countries and regions (2017: 15,608) took part in the Intertextile Pavilion Shenzhen, reflecting the strength of the Southern China fashion sector.
India’s apparel exports downturn may continue and is expected to decline by overall 10 per cent in FY19, a senior industry official said. In 2017-18 exports declined by 4 per cent to $16.7 billion.
The 7th edition of International Exhibition and Conference on Technical Textiles, Technotex 2018 was organized from 28-29 June 2018 at Bombay Exhibition Centre, Goregaon East, Mumbai.
Birla Cellulose, has collaborated with Ankur Textile, lifestyle division of Arvind Limited to launch a wide range of LIVA Fabrics with 100 per cent modal, 100 per cent viscose and viscose blends as an alternate to traditional fabric for new age Indian women who deserves high position as well as comfort in her apparel needs.
Staubli, a provider of high-quality automated systems and solutions for the weaving industry, will be showing its latest products at Febratex, Brazil’s largest trade fair for the textile industry. The company will be displaying in booth 100, sector 1, street 7, at the trade show, which will be held from August 21 to 24, 2018, at German Village Park, Brazil.
India and Turkey have much to offer and learn from each other in textiles, and only by the collaboration route can they raise their respective shares in textile trade, points out an ITJ Exclusive Story