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The growth engine of Indian textiles sector
With transformation of the Indian economy post liberalisation in the early 1990s, the demand and consumption of technical textiles products in India has been consistently increasing, says a report from KPMG.
Govt to set up design centres for khadi products
The National Design and Product Development Centre for khadi products will be established by the Khadi and Village Industries Corporation (KVIC) under the Ministry of Micro, Small and Medium Enterprises.
Québec cluster focuses on high value-added TT products: Charest
Canada and Québec are well positioned to benefit from reshoring opportunities. “TechniTextile Québec is currently focusing on these primary markets to help expand their market share,” says Dany Charest, Directeur Général chez, TechniTextile Québec, during an interaction with the ITJ.
Lenzing’s collaborative efforts pay
Since the creation of the VEOCEL™ brand in 2018, Lenzing adopts a new brand strategy focusing on a collaborative engagement with businesses and consumers alike to drive sustainability in the nonwoven industry.
India mulls extending RoSCTL to other textile products
India is mulling over extending the Rebate of State and Central Taxes and Levies (RoSCTL) for the garments and made-ups sector to other textile products because of the urgency to do away with the merchandise export incentive scheme (MEIS).
MSP on kharif cotton of 2019-20 season hiked
Giving a major boost to the farmers’ income, the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi has approved the increase in the Minimum Support Prices (MSPs) for all kharif crops, including cotton, for 2019-20 season.
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