Investment is a necessity for growth, but innovation is indispensable. In the Indian textile industry, this is a late realisation. India is No. 2 in textiles, everyone trumpets, but where are we? India´s share is about four per cent in global textiles and clothing, and China is way ahead with 36 per cent.
Browsing: China
On October 17, 2014 during the Annual Conference 2014 of the International Textile Manufacturers Federation (ITMF) in Beijing/China, the Committee of Management of the Federation elected Wang Tiankai (China) unanimously as the new President of the Federation for the next two years.
The Textile Association of India´s (TAI) annual conference with the theme, ´Indian Textiles – The way Forward´, held at the Hotel The Lalit, in Mumbai, was a splendid event with a series of impressive presentations in three sessions.
Data from China Customs showed that polyester filament yarn exports during September bucked the declining trend of August, climbing by 13.53 per cent, to 130, 661 tonnes, which was a jump of 23.74 per cent y-o-y too.
The 2-day Cotton India 2014 held very recently at The Renaissance Hotel, Mumbai, really ?wove the world of cotton together?, as the organisers, Cotton Association of India (CAI) has mentioned in their programme brochure.
The Cotton Association of India (CAI) has placed the cotton crop for the season 2014-15 beginning on 1st October 2014 at 405.50 lakh bales of 170 kg. each.
Dong Il Textile Co Ltd, which sells its premium home textile fabrics in the Chinese, the US and European markets, was in India recently to woo buyers for its products.