2016: A 'Leap' Year?
Promise of new measures from the Government, much-awaited GST on the cards, hints of the decentralised segments attaining maturity that will spur demand for textiles augur well for the textile industry in 2016 and beyond, recounts an Exclusive Report by Joseph S and Karthik M.
Processing: Eco concerns to fuel demand
The year 2015 was one of the best years for the processing industry. Looking at the current trends and the sentiments that unfolded at ITMA, 2016 will also be as good as the previous year. Corporates, which have done modernisation, will invest in expansion in the coming years.
Weaving: Hopes on decentralised sector
Weaving industry has been progressing well in the last couple of years. The first boom was in 2004 and 2005, when weaving attracted a lot of investment. Then it slowed a bit. Again in 2012, one more boom period started.
Gamechanging ITMA kicks off New revolution
Is 2015 a watershed year for the textile technologies? Is the ITMA 2015 a gamechanger for the global textile industry? Joseph S, who witnessed some developments at the Fiera Milano Rho, attempts to explore the sentiments that prevailed at the fairgrounds.
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.
1st ITMA Sustainable Innovation Award goes to Levi
Levi Strauss & Co. of USA, known worldwide for its authentic vintage look jeans, is the winner of the first ITMA Sustainable Innovation Award. It clinched the ITMA Industry Excellence Award category from two other finalists: Berto Industria Tessile (Italy) and Gebrüder Otto (Germany).
World Textile Summit give expert insights
The World Textile Summit, that was launched on the second day of the ITMA Milano, gave more than 150 textile industry leaders a range of expert insights into the business issues that feed into decisions on sustainability in the textile supply chain.
Europe still dominates in textile technology, but India is no laggard. It has created its own niche. With 158 exhibitors at the present ITMA 2015, Indian textile machinery and spares industry has come a long way to spread its wings since 1975 when at the same Milan, India fielded a lone exhibitor. An ITJ Report previews the current scenario.
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