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6 NJMC jute mills to down shutters
The Textile Ministry has decided to close down six jute mills of the Bengal and Bihar-based state-run PSU National Jute Manufacturers Corporation (NJMC).
Need for improved manufacturing environment
The Indian textile and clothing industry is very old and plays a very important part in the Indian economy. Except China, no other nation can match the size, spread, depth and competitiveness of the Indian textile and clothing industry. Liberalisation also has given the much-needed push to the textile industry, which has now successfully become one of the largest in the world. It has a complete value chain from the production of raw materials to the manufacture of finished goods.
Textile renaissance in USA
Textile and apparel manufacturing in the USA is staging a comeback and even companies based in India and China are investing in US facilities, according to a report in the latest issue of Textile Outlook International.
$317-mn hub for next-gen textiles in US
Aprivate-public collaboration will invest $317 million towards developing next generation textile industry in the United States. According to a just released statement from the U.S. Department of Defense, a consortium of 89 universities, industry and non-profits organised Cambridge, MA-based Massachusetts Institute of Technology (MIT) will form the “New Revolutionary Fibres and Textiles Manufacturing Innovation Hub.”
Manufacturing PA6 BCF specialties more profitably
At this year’s DOMOTEX Asia/CHINAFLOOR trade show in Shanghai between March 22-24, Oerlikon Neumag presented its diverse range of products and services in Hall W3, Stand H01. The focus of the Oerlikon Neumag stand was on solutions for the efficient manufacture of carpet yarns.
Telangana thrust for textile industry
The newly formed Telangana state has ambitions on the textile front too. It is planning to present a new textile and Apparel policy (T-TAP) in January 2016. Besides, the state is also planning to set up textile parks in each of the district where cotton is grown as a major commercial crop.
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