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Industry 4.0 is not a choice, but necessity
The Textile Association of India (TAI), Mumbai Unit organised International Textile Conference on “Textile 4.0 – Global and Indian Perspective” on March 22-23, 2018 at Hotel The Lalit, Mumbai.
Huge spandex project in Maharashtra
Hyosung Corporation, the largest global spandex producer of South Korea, which is working with several leading Indian players in the textile field is likely to invest around Rs 3,000 crore Maharashtra’s spandex project.
Textile exports: Yesterday, today & tomorrow
India is changing its colour from traditions to fashion and textile and apparel industry is the best observer to witness the same. We are growing and expanding to be precise we are developing beyond boundaries. From a country once considered only as a farmers land. India today has explored and is competing in each and every segment from textiles to electronics, our presence is dominant everywhere.
CAI opposes buffer cotton plan
The Mumbai-based Cotton Association of India (CAI) is against Cotton Corporation of India stockpiling 7 to 8 million bales (170 kg each) by procuring during peak arrival season to sell to user mills during May to September time-frame. According to CAI, this scenario will need huge investment by the public sector Cotton Corporation of India and also it will incur losses due to price fluctuations. CAI in citing the China reserve policy, India should learn from China and should not venture into the reserve situation for cotton surplus country like India.
‘Miles to go in technical textiles’
Textile Commissioner, Dr Kavita Gupta, set the tone for the 6th Annual General Meeting and the Knowledge Sharing Session of the Indian Technical Textile Association, held at the Mumbai Cricket Association, Bandra-Kurla Complex in Mumbai recently.
Can Mumbai be the next Shanghai? - Om Prakash, Director, InORBIT Tours Pvt. Ltd & ex-Chairman TAAI (WR)
China has emerged as one of the largest travel volume handling countries for inbound. It has over 50 million domestic and inbound tourists annually. If India has to think of such numbers then which factors do we need to address seriously. In 2007, I had written an article on the same subject. However nine years have passed, but the dream of Mumbai to be like Shanghai is still a dream. Although the world is progressing at a jet speed, the developments of Mumbai and its infrastructure do not find any major changes. One wonders when will Mumbai become another Shanghai.
NHDC kick-starts major initiative in Mumbai
The National Handloom Development Corporation Ltd (NHDC) has kick-started one of its major initiatives ‘Silk Fab’ to connect consumers and weavers at one platform from Mumbai recently. Ujjwal Uke, IAS, Principal Secretary (Textile), Government of Maharashtra has inaugurated ’Silk Fab’ at World Trade Centre, Cuffe Parade, Mumbai. Around 100 agencies belonging to 14 states will be participating in this initiative.