A number of yarn, weaving and dyeing projects in Vietnam have restarted after a period of postponement due to the US withdrawal from the Trans-Pacific Partnership (TPP). However, the textile & garment industry still faces difficulties.
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The Textile Care, Fabric and Leather Technologies sector is experiencing good growth this year: In the months from January to August 2017, the German manufacturers were able to report an increase in order intake of 22.2 per cent in real terms compared to the previous year.
For the first time ever in Iran, Switzerland’s textile machinery manufacturers exhibited in their own pavilion at the recent Irantex show, under the umbrella of their representative body the Swiss Textile Machinery Association (Swissmem).
As the textile industry moves more into innovative, value-added products, the demands on the machinery and spares manufacturers for quality, innovation, on-time service, turnkey solutions, R&D are increasing rapidly.
For Stefano Gallucci, CEO of Santex Rimar Group, India holds a lot of strategic significance. He was visibly present at last year’s India-ITME in Mumbai and came back recently to Techtextil India to witness the progress of technical textiles in the Indian sub-continent.
On one hand, India is showing its presence in cotton textile products, whereas on the other hand, China has high dominance in overall textiles, recounts Avinash Mayekar.
After a 3-month declise in a row, ready-made garment (RMG) exports soared by 25 per cent in rupee terms and 30 per cent in dollar terms in September. But exporters say this will not be sustainable since government policies are not favourable.