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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.
India dreams of capturing 8-9 per cent of the total global trade by 2020, however looking at the present scenario, it may capture a share of only 5-6 per cent by 2020.
Protecting water quality
On average, an estimated 100 to 150 litres of water is needed to process 1 kg of textile material, with some 28 billion kilos of textiles being dyed annually.
2019 in review: The year that was
The production of the Textile Engineering Industry (TEI) recorded a decrease of 1 per cent viz. Rs 6,865 crore in 2018-19 as against Rs 6,900 crore achieved during 2017-18.
Our main aim is to develop more products
Founded in 1996 by KO Panchal, Dhara Engineering Works belongs to those small size private, financed companies whose creativity specialises knowledge and forces provide for a constant adjustment to changing market conditions.
ELGi launches portable air compressors at EXCON
Elgi Equipments, one of the world’s leading air-compressor manufacturers, launched its future ready, energy-efficient range of electric and diesel portable air compressors at EXCON 2019
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