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ITMACH India textile technology show planned in Ahmedabad this December

Related Keywords: Ahmedabad, Indian textile industry, ITMACH India, textile and apparel manufacturing and trade, Textile and Clothing industry, Textile Excellence, textile value chain, Vibrant Gujarat 2015

Textile Excellence, one of the reputed business media for Textile and Clothing industry is organizing ITMACH India. With its motto “To assist the Decision Makers to make Informed Decisions” and experience across the textile value chain, ITMACH India aims at bringing visitors and exhibitors from all sectors of the industry within India and neighboring countries together.

Over 250 exhibitors are expected to interact with decision makers of the textile and clothing industry from India and abroad at ITMACH India.

Garware-Wall Ropes plan to grow technical textile business mainly in defense sector

Related Keywords: defense sector, DRDO, focused on research, Garware-Wall Ropes, import substitutes, Make in India, re-energised companies, Technical textile

The Government thrust on ‘Make in India’ has re-energised companies like Garware-Wall Ropes which are focused on research. Garware-Wall Ropes seeing immense potential of technical textile in defense have decided to grow its technical textile business by focusing on import substitutes, particularly in the defense sector.

The company has signed a letter of intent with the Defense Research and Development Organisation (DRDO) to develop products.

Dull business clouds encircle Surat textile industry this festive season

Related Keywords: anti-dumping duty, festive season, liquidity crunch, low market response, manmade textile players, raw material prices, South Gujarat Textile Exporters' Association, South Gujarat Textile Processors Association, Surat textile industry

Dull business since past 4-5 months has created liquidity crunch among the man-made textile players, especially in the processing, dyeing and weaving value chain. This has led to reduced ability among the textile players to process orders for the festive season this month.

UK wool industry is making a big comeback, sales risen by 70pc to £300m

Related Keywords: British brand, British tweed, carpets and transport upholstery, demand from leading designers, fashion accessories, fashion clothing, manmade fibre, sales of British wool, UK wool industry

UK's wool industry is making a big comeback thanks to demand from leading designers, after nearly being killed off by man-made fibres. Wearing wool is back in fashion. Sales of British wool have jumped by two thirds to £300m in six years. The annual sales have risen by 70pc from £180m in 2007 to £300m last year as the trend for typically British brands has come back into fashion.

ICA to introduces mediation, a speedier tool to resolve disputes over reneged contracts

Related Keywords: arbitration, buy raw cotton, current methods of negotiation, high price volatility, International cotton Association, introduce mediation service, over reneged contracts, speedier tool, trade houses

The Liverpool, England-based International Cotton Association (ICA) expels members that deal with companies that are blacklisted for defaulting on contracts plans to introduce mediation services to help resolve disputes over reneged contracts that have blocked hundreds of blacklisted firms from doing business. The mediation would be speedier tool to resolve disputes, in addition to the current methods of negotiation and arbitration.

Union Textile Minister to launch Pashmina Promotion Programme on Oct 8

Related Keywords: crafts of Jammu and Kashmir, fine cashmere wool, hand spun, Leh Ladakh, Pashmina Dehairing plant, Pashmina Promotion programme, Pashmina shawls, Santosh Gangwar, Union Textile Minister, woven and embroidered

Union Textiles Minister Santosh Gangwar to launch the Pashmina Promotion Programme and lay the foundation stone of Pashmina Dehairing Plant at Leh, Ladakh on October 8.

The government seeking to develop crafts of Jammu and Kashmir had proposed the Pashmina Promotion Programme (P-3) and a programme for the development of other crafts of Jammu & Kashmir in the Union Budget and set aside a sum of Rs 50 crore for the purpose.

Victoria plc acquires Abingdon, UK’s largest manufacturer of quality carpets

Related Keywords: Abingdon Flooring, Australia and Ireland, Business Growth Fund, deal worth £12m, Distinctive flooring brand, quality carpets, UKs largest privately owned manufacturere, Victoria plc, Wilton Royal

The privately owned business, having its manufacturing facility at Newbridge in Caerphilly and also has facilities in Kidderminster and Bradford. Last year it sold carpets through its retailers to more than 500,000 end consumers.

Abingdon, which employs more than 500 people across its three sites, manufactures and distributes mid-range carpets, carpet tiles and hard flooring and produces more than nine million square metres of carpet each year has been bought by international carpet and flooring manufacturer Victoria plc.

NIFT teachers to present khadi at the 89th textile institute world conference in China

Related Keywords: 89th textile institue world conference, Arvind Mills, Gandhian charkha, international platform, khadi denim trousers, NIFT faculty, popularize khadi, researcher in textile and clothing, sustainable fashion garments, Wuhan in china

The 89th Textile Institute World Conference to be held in Wuhan in China next month. The conference is supposed to be an international platform for industrialists, academics and researchers in textiles, clothing and footwear sectors.

Bhaskar Banerjee and Bharat Jain, two Professors of the National Institute of Fashion Technology (NIFT) faculty in Gandhinagar are set to present and popularize khadi as a sustainable fashion garment for the youth in the international circuit.

Weavers expect yarn prices to fall as crude oil prices plummet

Related Keywords: basic raw material, dip in crude price, fall in yarn price, Federation of Gujarat Weavers Association, international market, MMF sector, polyester fabrics, polyester sari, polyester yarn, Surat powerloom weaver

The powerloom weavers of Surat, he country's biggest man-made fabric (MMF) sector are buoyant following a dip in crude oil prices in the international market as it may decrease the yarn prices.

According to Industry sources, the crude oil prices have dipped below $92 per barrel in the international market which is the basic raw material for polyester yarn. This is going to put pressure on spinners to decrease the yarn prices.

Khadi sales growth to rise by 10-15 pc with the launch of youth-centric designs this season

Related Keywords: fabric and apparel design, Khadi Board, khadi industry, khadi stores, khadi-denim, KVIC, Mahatma Gandhi, rise in footfall, youth-centric design

KVIC and Khadi Board have launched new youth-centric designs and varieties which resulted in healthy rise in footfall at khadi stores. The khadi-promoting organisations and nodal bodies has also hosted season sale this October, commemorating the birth of Mahatma Gandhi on October 2.

They foresee rise in khadi sales growth by 10-15 percent this season sale. Though it began as an experiment but the new youth centric designs and varieties have clicked among the young consumers. The footfall is gradually rising, given the season sale in October

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