Since the last ITMA edition, the global textile and garment industry has made rapid strides and evolved tremendously with technological innovations. And 2015 being the Year of Sustainability, the organisers have done well to make this as the main theme ´ Master the Art of Sustainable Innovation.
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The CMAI?s Apparel Index for the third quarter, FY2014-15 from October to December 2014, with overall Apparel Index value up at 5.01, once again revealed the low sentiment among small brands, those with turnovers of Rs 10 to 25 crore.
Corporatised retail is making inroads in the apparel sector in India. From just eight per cent in 2013, corporatised retail-that is retail businesses-owned and managed by a limited company or a partnership firm-ùis set to shoot up to 24 per cent by 2023, according to industry estimates.
The 220,000-square feet, 7-storey headquarters will house some 300 Huntsman associates, including over 100 technical staff spread across three floors of state-of-the-art laboratory and research facilities.
I think the main difference between we Indians and outsiders are that we need to be more receptive to new technology, we should not fear of trial and errors on experimentation.
On 5 June 2014, more than 140 participants from the industry, , came to Brussels to join the international textile and clothing conference ´Free Trade and International Agreements´.
Rieter closed the first half of 2014 with significantly higher net profits of CHF4.3 mn or 2.7 per cent of sales, respectively. The market environment in which Rieter operates was consistently favourable in the first half of 2014.