The Association of Italian Textile Machinery Manufacturers (ACIMIT) is a private non-profit making body whose main purpose consists in promoting the Italian textile machinery sector.
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Boom in housing as a result of the burgeoning middle class in India is a major growth driver for the home textile market. Change in lifestyle and growing awareness of hygiene is fuelling this growth. An ITJ report bares some details.
Huntsman is addressing critical business challenges and collaborating with mills and brands in order to drive sustainable growth and create value in Vietnam?s textile industry.
Woes for the man-made fibre (MMF) industry have been piling up, with the proverbial last straw being the dumping of cheap fabrics in the last one year amounting to $850 million by countries including three major Asian nations ´ China, Taiwan and Korea.
The Cotton Council International organized an invitation only seminar evening recently at Trident Oberoi, Mumbai. The seminar offered useful insights on the global scenario of cotton and the cotton textile industry.
Indian textile and clothing market is estimated to more than double from Rs $58 billion in 2013 to $138 billion by 2023 . All the three segments, apparels, home textiles and technical textiles, are expected to double their market size.
Cotton prices in India are expected to remain subdued in the near future. Coming to the domestic scenario, prices are likely to trend in line with the international markets as domestic prices have plunged below the international levels offering no triggers for upside movement.