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Proliferation of home textile companies
Bed linen has a 49 per cent share in Indian home textiles market. India exported $416.4 million of bed linen in 2017 growing at a CAGR of 13 per cent, says Avinash Mayekar.
World of Composites to join Techtextil India
World of Composites 2019 is all set to launch its specially curated segments for Fibres Reinforced Polymers to make composites mainstream in India. It will take place alongside Techtextil India 2019.
Infra Infuses New Hopes
Human lives in thousands have been lost due to potholes in Indian roads thanks to businessmen politician nexus, unscrupulous contractors and ultimately poor conditions of roads.
Knitting a future in fashion with changes
We come across various fashion shows conducted in fashion hubs like Milan, Paris, London, New York, Loss Angeles, Dubai etc. These are the trendsetters in the society and from technology point of view knitting gels well with innovative fashion trends.
Haryana approves new textile policy
With an aim to make Haryana a hub of textile manufacturing, the state government on Tuesday approved Textile Policy 2018 to incentivise setting up of new units, and ensure growth and modernisation of the existing textile industry in the State.
Fuelling growth and creating employment
Indian textile and apparel market is estimated at $118 billion, 69% of which is domestic consumption while exports constitute the rest 31%.
The global apparel consumption in 2016 is estimated to be $1.7 trillion, which formed around 2 per cent of the world GDP of $73.5 trillion. EU-28 was the largest apparel consumer market worth $400 billion, which was followed by markets of the USA, China and Japan. These top four markets together constituted approximately 62 per cent of the global apparel consumption.
Automation vital for textile
vIt is very much a fact that automation has uplifted the textile industry; however, it is an observed theory that a single change brings about thousand other changes in the system, says Avinash Mayekar.
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