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Rajasthan not just a textile hub but next destination for investors

Related Keywords: Bhilwara leading centre, establishments in various textile units, integrated textile parks, investment proposals, largest producer of polyester viscose yarn, MoUs signed with several private companies, next destination for investors, Rajasthan textile hub, synthetic suting material in the country, Technical textile

Rajasthan has not just emerged as a textile hub over the last few decades which provides direct and indirect jobs to nearly seven lakh people and contributes 17percent to the state’s exports but nationally, the state has emerged as the largest producer of polyester viscose yarn and synthetic suiting material in the country with Bhilwara becoming the leading centre.

Textile machinery manufacturers to participate in Italian trade mission

Related Keywords: Global textile market, international sanctions, investments in textile technology, Italian trade agency, Italy’s textile machinery industry, nuclear agreement, spinning industry, Technical textile, textile machinery manufacturers

Iran has historically been a major market for Italy’s textile machinery industry. However, international sanctions have ceased the movement of textile machineries to Iran.

The recent nuclear agreement is expected to pave the way toward a competitive relaunching of the local textile industry.

In order to strengthen its presence in Iran, ACIMIT (the Association of Italian Textile Machinery Manufacturers) will participate in the Italian trade mission in late November.

Karnataka textile policy modified to strengthen textile and garment units

Related Keywords: attract investment, ETP and interest subsidy, handloom and power loom, Karnataka state, mega projects, modification in Javali Neethi, push geographical distribution, spinning, strengthen textile value chain activities, Technical textile, textile and garment units, Textile parks, textile policy, weaving

Karnataka comparing with the policies of Maharashtra and Gujarat has made some modification in its Javali Neethi (Textile Policy) 2013-18 with an aim to not only strengthen its textile value chain activities but also to spur technical textiles and go for an aggressive push for geographical distribution of textile and garment units.

The State is encouraging investments in almost all the sub-sectors of textile in the form of Textile Parks, Mega Projects, Integrated units and MSME units.

Textile commissioner Kiran Soni Gupta opens the Techtextil India exhibition in Mumbai

Related Keywords: Kiran Soni Gupta, non-wovens industry, Technical textile, Techtextil India exhibition, Textile Commissioner, textile exhibition

Textile commissioner Mrs Kiran Soni Gupta inaugurated the three-day Techtextil India exhibition for the technical textiles and non-woven industry in Mumbai today.

New textile policy to be announced by TN to add pace to thriving textile sector

Related Keywords: Global Investors Meet, new textile policy, SIMA, SITRA, Tamil Nadu state to announce, Technical textile, Textile Industry, Tirupur Exporters Association, top destination for investment

The Tamil Nadu State would be soon announcing a new textile policy, making the already successful textile industry a top destination for investment, industry experts said at a seminar at the Global Investors Meet (GIM) on Thursday.

Tamil Nadu - the nation’s largest textile manufacturer would be able to corner a lion’s share of the 15 million new jobs that would be generated, with the Indian textile industry poised to touch US$ 500 billion by 2025.

Two Scottish businesses J&D Wilkie and Digimania plan to expand in China

Related Keywords: announced first Minister Nicola Sturgeon, during a trade visit of the country, Glasglow based Digimania, interiors and fashion, Kirriemuir Firm J&D Wilkie, offers unique fusion of rich heritage, Scotland textiles industry, Technical textile, to expand in China, Two Scottish businesses

Two Scottish businesses Kirriemuir Firm J&D Wilkie and Glasglow based Digimania to expand in China, during a trade visit of the country, this was announced by the first Minister Nicola Sturgeon. Ms Sturgeon said that the Scotland’s textiles industry offers a unique fusion of rich heritage, innovation and unrivalled creativity, producing internationally revered products which are desired the world over. Across technical textiles, interiors and fashion, Scottish textiles offer the perfect mix of quality and innovation that Chinese businesses and consumers demand.

New textile policy likely to be announced after Budget 2015 will give new direction to textile sector

Related Keywords: agro textile, CMAI, expand production capacity, geo textile, Indian textile sector, National Garment Fair, New national textile policy, Technical textile, Textile Commissioner, Textile parks

The new national textile policy is almost ready and is expected to be announced immediately after the Union Budget. Textile Commissioner Kiran Soni Gupta informed after inaugurating the 60th National Garment Fair organised by Clothing Manufacturers Association of India (CMAI) in Mumbai.

The textile sector will get a new direction and a huge support from the new policy as it has outlined all the aspects - the vision, strategy and the action plan.

India sees huge potential for technical textile during the next two years

Related Keywords: CAGR, FICCI, Kiran Soni, Santosh Kumar Gangwar, Technical textile, TECHNOTEX, Union Minister for Textiles

India sees huge potential for the technical textile sector as sector is expected to grow at 20 percent per annum during the next two years, said Union Minister for Textiles Santosh Kumar Gangwar.

Government recognizing the importance of technical textiles in the national economy as well as the potential for increasing production and exports in the sector will be organizing the fourth edition of TECHNOTEX. FICCI in collaboration with the Ministry of Textile, will be holding the event in Mumbai next year from 9 to 11 April.

Glen Raven mulling Indian expansion as it sees massive growth potential

Related Keywords: as key center, develop, Glen Raven, industrial applications, innovation, massive growth potential, mulling Indian expansion, new applications, provider of high performance fabrics, Technical textile

Glen Raven, leading provider of high-performance fabrics designed for a wide variety of residential, commercial, and industrial applications, believes that the innovation in using technical textiles for new applications across industries will be the driver of the growth of the industry.

According to Paige Mullis, Director of Concept Development, Glen Raven, globally, technical textile forms 65% of the textile market, whereas in India it is only 10 to 15%. This indicates the massive growth potential in this segment.

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.

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