Union Textiles Minister Smriti Irani on Friday affirmed that India would become 'completely self-sufficient' in silk in the next two years.
She said that in the production of silk, India is second after China.
Irani was addressing a programme organised by business chamber FICCI.
She also said that technical textiles is the future of textiles and that she was keen on taking it forward.
A major U.S. consumer of RPET enjoyed higher sales figures but suffered significantly lower net income last fiscal year. One reason was cheap polyester imports from China and India.
Unifi, which recycles PET into REPREVE brand fiber, reported sales of $708.8 million during the 2019 fiscal year (the year that ended June 30, 2019). When adjusting for foreign currency translation impacts, that was up 7.6% over the prior year, according to a press release.
PG DENIM, the designer project by Paolo Gnutti, is ready for several important events scheduled for the autumn with ground-breaking interpretations and a new – increasingly green – business model. The occasion is its participation in the Blue Zone at Munich Fabric Start (Munich, 3-5 September 2019), a space which is increasingly often reserved for companies and projects with a high innovation rate in the world of denim.
Textile manufacturers should focus on sustainable textiles and look at consistency in quality, according to Prabhu Dhamodharan, convenor of Indian Texpreneurs’ Federation.
Even though the trade dispute between the United States and China has moved away from escalation and towards reconciliation since the G20 meeting in June in Osaka, the consequences of this already year-long exchange of blows between two big players in the international cotton industry are clearly noticeable in the market. There are widespread insecurities in completing contracts in the international cotton trade. “Uncertainty is the new normal,” summed up Bremen Cotton Exchange in its Cotton Telegram of 16th July 2019.
Cotton is perhaps the most recognized fiber in the apparel market, and is used, either in its pure form or blended with other materials, to make much of the world’s clothing.
The soft, fluffy staple fiber grows in a boll around the seeds of a cotton plant, and the fiber is nearly pure cellulose, the most abundant organic polymer on Earth. Fibers from the cotton plant are spun into yarn or thread and made into fiber, yielding soft, breathable textiles. Cotton is the most widely used natural fiber in clothing today.
Even as trade war jitters and changes in sourcing have shaken the footwear industry in the United States and abroad, a new report claims the sector should still expect solid growth in demand over the next four years.
In its most recent batch of “Focus Reports,” The Freedonia Group, a division of MarketResearch.com, said the current footwear market will grow 4 percent in value, from $26.8 billion in 2018 to $32.6 billion in 2023. However, the growth will not be equally spread across categories.
India feels the adverse social and environmental impact of ‘fast fashion’; however, this may change soon.
India is a global manufacturing hub for textiles and apparel, coping with growing international and domestic demand. The global textiles market is projected to reach $1.3 trillion by 2025. Similarly, the domestic market for apparel is estimated to reach $59.3 billion by 2022 and that for textiles to grow to $223 billion by 2021. The industry is also critical in terms of income and employment generation, contributing to 5 percent of India’s current GDP.
Thermoplastic polyester elastomer is consists of hard and soft segments. Hard segments include crystalline polybutylene terephthalate, while soft segments include amorphous polyethers. Thermoplastic polyester elastomers have flexibility of rubber, strength of plastic, and processibility of thermoplastics. They can be easily processed by convectional thermoplastic processes such as injection molding, calendaring, rotational molding, extrusion, and melt casting. Thermoplastic elastomer is used to manufacture parts of electrical devices, automobiles etc. that requires high temperature.
Indian denim fabric manufacturing industry a the sunrise industry in the entire textile value chain of India is currently under stress. To bring the industry out of this situation the Denim manufacturers in India, led by the New Delhi based Denim Manufacturers Association (DMA), have urged the Central government to immediately announce increased support in the form of some enhancement in present duty drawback rates and extending some more benefits under various schemes such as ROSL, MEIS, Focus Product, Focus Market, etc which will enable them to tap the potential of export market.
