Welcoming the new duty drawback rates, the Cotton Textiles Export Promotion Council (TEXPROCIL) said the revision will boost the exports of cotton textiles.
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Enzymatic Hydrolysis on synthetic fibres enhances the hydrophillicity and solves the concerns regarding the environmental issues of Textile Industry, write J Anandha Kumar and Dr M Senthil Kumar.
India held a special place in global textile trade as the second largest textile exporter in the world. Today, cotton yarn and fabric exports account for over 23 per cent of India’s total textiles and apparel exports.
OCM, a household name in India, is well reputed for its quality and is one of the leading names in the fabrics, apparel and fashion industry.
Cotton is finding applications as novel biomaterials. Professor Noureddine Abidi, Managing Director of Lubbock-based Fiber and Biopolymer Institute (FBRI) at Texas Tech University is using waste and low-grade cotton to develop bio-products that could find many non-conventional applications for cotton.
World cotton imports are projected to remain unchanged at 7.6 mn t in 2015-16. While China is likely to remain the world’s largest importer in 2015-16, its imports are forecast to fall by 12 per cent to 1.6 mn t.
Ultra thin coating technology offers new opportunities for cotton finishing.