According to a survey conducted by China Nonwovens and Industrial Textile Association (CNITA), the production index of the industry in the first three quarters is 61.2, still within the growing range, but it is lower than the 67.3 in the first-half year, staying at bottom level in recent years.
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In recognition of RSWM’s excellent track record in field of exports, the Synthetic and Rayon Textiles Export Promotion Council (SRTEPC), responsible for promotion of export of synthetic textiles from India, has conferred three awards on RSWM for logging remarkable feat in exporting synthetic textiles offshore.
MMF accounts for 68 per cent of all fibres consumed worldwide, and its usage has been growing in clothing, carpets, household textiles and a wide range of technical products, and much more. ?In India, 70 per cent of the market is cotton focused and the remaining 30 per cent is MMF, whereas globally it?s vice versa?, said Khurshed Thanawalla, Managing Director, Oerlikon India Pvt Ltd.
T he Clothing Manufacturers Association of India (CMAI) honoured Meena Bindra, Chairperson, BIBA with the Lifetime Achievement Award. Rahul Mehta, President, CMAI and Shantilal L Shah, Founder Member & Past President, CMAI, presented the award to Bindra at Apex Awards 2015 Night held on October 28, 2015 at NCPA, Mumbai.
Solvay Group is investing in fibre and smart polyamide textile yarn production technology to meet the growing market demand for innovative textile products. The investment, of around $50 million, is being made in the latest equipment in texturing area and the modernisation of textile weaving machines in Santo André (Brazil).
Garware-Wall Ropes Ltd. (GWRL), one of India’s leading players in the technical textiles sector
T T Ltd., one of the leading textile players in India, celebrated the completion of 25 years of public listing by ringing the Silver Bell in Bombay Stock Exchange (BSE). The glittering function hosted by Chairman-Founder Dr RC Jain was presided by Padma Bhushan awardee DR Mehta (ex-SEBI Chairman) in the International Convention Centre of BSE in Mumbai.