On June 1, 2023, the EU Strategy for Sustainable and Circular Textiles was adopted, as per which by 2030 all textile products placed on the EU…
Browsing: textile chain
In June 2019 the “IntWash†research project, led by Hohenstein, began focusing on the opportunities and challenges of intelligent laundries.
The Goods and Service Tax (GST) has helped both Centre as well as States to gather data on small manufacturers and consumption, and the entire textile chain is now brought under tax net and segment of land and real estate transactions has also been brought into tax net “works contractsâ€Â, Finance Ministry said.
Global Organic Textile Standard (GOTS) is the world’s leading standard for processing of organic textiles. Sumit Gupta, India Head, GOTS, traces the growth of GOTS in India since its inception.
In my business life, I have not seen a worse situation than this, where such a big disparity is there between spot cotton prices and yarn prices. This disparity for such an extended period of time shows there is a deep rooted problem and it?s not a temporary feature. The current isolated spurt in Indian cotton prices has aggravated the situation to an extent that many can hear the death knell. The more disturbing fact is that no domestic yarn buyer is hassled or is rushing to buy yarn-they know cotton prices have moved 50 per cent and yarn just 20 per cent-still no anxiety! International buyers have diverted their orders as cotton in India has increased much much more in comparison to international cotton prices.
In my business life, I have not seen a worse situation than this, where such a big disparity is there between spot cotton prices and yarn prices. This disparity for such an extended period of time shows there is a deep rooted problem and it?s not a temporary feature. The current isolated spurt in Indian cotton prices has aggravated the situation to an extent that many can hear the death knell. The more disturbing fact is that no domestic yarn buyer is hassled or is rushing to buy yarn-they know cotton prices have moved 50 per cent and yarn just 20 per cent-still no anxiety! International buyers have diverted their orders as cotton in India has increased much much more in comparison to international cotton prices.
In my business life, I have not seen a worse situation than this, where such a big disparity is there between spot cotton prices and yarn prices. This disparity for such an extended period of time shows there is a deep rooted problem and it?s not a temporary feature. The current isolated spurt in Indian cotton prices has aggravated the situation to an extent that many can hear the death knell. The more disturbing fact is that no domestic yarn buyer is hassled or is rushing to buy yarn-they know cotton prices have moved 50 per cent and yarn just 20 per cent-still no anxiety! International buyers have diverted their orders as cotton in India has increased much much more in comparison to international cotton prices.