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MMF: Daring to fly higher!
For the man-made fibre industry (MMF) in India, its disgruntlement is turning into unceasing aggression. The reasons are many: China exports 65 per cent of manmade textiles out of its exports of $650 billion while India´s share of manmade textiles is hardly 20 per cent out of its exports of $40 billion.
Taiwan machine tool industry´s output is expected to increase 1.3-1.5% by 2017
According to IMTMA India, the Government of India is expected to boost manufacturing - one of achieving 25 per cent share in overall GDP by the year 2025 (from the present 16 per cent); to have concerted focus on technology and depth value addition; and to generate for the country a hundred million manufacturing jobs.
Bruce Atherley named ED of CCI
Bruce Atherley, who most recently served as vice president, Global Marketing for KAO, Inc, has been named executive director of Cotton Council International (CCI), effective October 1.
HKTDC meet on Small-Order Zone System
The Hong Kong Trade Development Council (HKTDC) organised a seminar in New Delhi to introduce, describe and communicate how best to use its Small-Order Zone system. The HKTDC Small-Order Zone Online Transaction Platform is a buyer-oriented online sourcing platform for direct sourcing of quality products in small quantities.
McClay is new CEO of BCI
The Better Cotton Initiative Council has appointed to serve as the new CEO of BCI, with effect from September 28. McClay replaces Patrick Laine who is retiring, but will continue to manage specific BCI projects during a transition period.
On a Skilling Spree!
Skilling the labour is priority on the agenda of industry and the Government, and modernisation and rapid growth vital for the export-based textile industry depend solely on the progress of this new drive. An ITJ Report sizes up the mission of this skilling spree
Ambiente India & Heimtextil India witnesses overwhelming response
India´s finest home fashion business platform Ambiente India & Heimtextil India, held recently at Pragati Maidan, New Delhi, successfully recorded an increase in the turnout of business visitors in its 2nd edition with 7,233 professionals from India and abroad. (Visitors in 2014: 6,525).
$64 bn export by 2017 | An Uphill Task?
Severe competition on global level and lack of initiatives and direction on the domestic front have made a dent in India´s textile exports with a dip in figures for FY 2014-15, diminishing the scope of achieving the cherished goals. S Joseph & M Karthik take an overall look at the scene.
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