In the recent years, India has emerged as one of the major players in the global home textiles market. Factors like traditional craftsmanship, local availability of raw materials, investments by companies in high-tech textile machinery, etc have helped India to become a preferred sourcing destination for home textiles.
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In this interview, Thomas Waldmann, Managing Director, VDMA Textile Machinery Association, tracks changes taking place in textile engineering space and explains the importance of India for German textile machinery companies.
Apparel Export Promotion Council (AEPC) has requested Prime Minister Narendra Modi to declare apparel exports as essential services and exempt the exporting units across India from lockdowns due to Covid.
Tamil Nadu government has decided to shut down the garment manufacturing units that are involved in exports to global markets as the number of coronavirus cases is increasing in the garment factories in Tiruppur district.
66 Italian textile machinery manufacturers will participate in the upcoming ITMA ASIA + CITME 2020. The event is set to take place in Shanghai at the National Exhibition and Convention Centre from June 12 to 16, 2021.
Listed textile and garment makers in Bangladesh are facing low profits and sales due to the ongoing COVID-19 pandemic. However, spinners and yarn makers are performing well by taking advantage of the price hike of yarn.
The pandemic situation has adversely affected industries and workers in Vietnam. According to the reports, four industrial parks Van Trung, Quang Chau, Dinh Tram, and Song Khe – Noi Hoang have been shut down in Bac Giang.