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Ideas of sustainable fashion are growing
With rising consciousness about climate change, environment and conservation of resources, leading fashion brands are looking for a transition to organic cotton.
export performance, a serious concern for mmf segment
The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) is one of the oldest Export Promotion Councils in India. The council has played a transforming role over the years, inculcating export culture and promoting exports of Indian man-made fibre (MMF) and textiles.
Cotton & MMF – Outlook 2020
After registering a decline of about 9 per cent in cotton season (CS) 2018-19, India’s cotton production is likely to witness a double-digit growth of about 16 per cent in CS 2019-20 with production at 6.6 billion kg during the year on back of favourable monsoon as well as increased MSP that led to increased cotton crop sowing. For CS20, the acreage under cotton is estimated to have marginally increased by about 1.3 per cent to 12.8 million hectares.
Govt amends interest subvention scheme for MSMEs to give fillip to the sector
The Minister for Micro, Small and Medium Enterprises and Road Transport & Highways, Nitin Gadkari has approved the changes in the Interest Subvention Scheme for MSMEs, in a meeting held on December 16, 2019 to review the functioning of the scheme. The improvements are set to provide momentum giving fillip to the MSME sector.
ABFRL initiative to find alternatives to plastic packaging
Aditya Birla Fashion and Retail (ABFRL) recently launched an open ‘Innovation Challenge’ with Circular Apparel Innovation Factory (CAIF) to spearhead a change in packaging and find innovative alternatives to plastics.
Freudenberg acquires Filc
Freudenberg, the global technology group, has signed a final agreement to acquire 100 percent of the shares of Filc. Filc is a producer of needlepunch nonwoven textiles and laminated materials with a focus on the automotive and construction industry.
100 years of experience & ginning tips
Technology utilising of productivity have supported the growth of the cotton ginning industry. Ginning contributes to the cotton sector by cleaning, drying and maintaining/enhancing the quality of the fibre.
Plain Vanilla will not work in 2020
India’s textile sector is under stress with 2019 turning out to be a challenging year. The country’s exports of textile and apparel declined by 4.3 per cent to $22 billion in the first seven months of FY2020 (April-November). While cotton yarn was a major casualty with 37 per cent decline (whereby exports to China alone halved), growth of apparel exports continued to be anemic.
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