In digital printing, Epson holds 60% market share
In India, currently, digital printing has a 25 per cent growth rate and is expected to continue growing at a steady pace. “There is a growing demand for printed clothing and we have seen an increase in the use of digital textile printers”, says Vasudevan, DGM – Commercial and Industrial Products, Epson India Pvt Ltd, while speaking to the ITJ.
Where is the Rupee headed - 60s or 70s?
The only way for exporters to stay competitive is by improving productivity, differentiating product offerings and hedging exposures efficiently, opines Abhishek Goenka.
VSF growing at 27% in last 2 years: M Samuel
Aditya Birla Group’s fibre division, Birla Cellulose has always been at the forefront of revolution in viscose staple fibres and achieved global reputation since many years ago.
GST: FAQs for textile industry
Raw jute has been kept at NIL rate of GST i.e. there would be no tax on raw jute. Jute mills are not required to pay tax under Reverse Charge Mechanism (RCM) as mentioned under section 9(4) of the CGST Act, 2017.
Truetzschler & A.T.E. in Sintex big spindle project
Truetzschler India Pvt Ltd and A.T.E. recently completed phase-I of the prestigious Sintex Industries – its Yarn Division’s project of 1 million spindles at Rajulah, Amreli, in Gujarat. The project once fully operational will produce cotton, melange and linen yarns.
Ken exports grey fabrics to over 15 countries
“Being based in Ichalkaranji has a lot of advantages and also some challenges. The availability of the latest state-of-the-art weaving machines, warping and sizing facilities, etc. augur well for large scale outsourcing. The biggest challenge though is that the present work culture and ethic, which is very mediocre and getting them to work on export based orders, faster turn-around-times gets very testing,” says Nikunj Bagdia, Managing Director, Ken Enterprises Pvt Ltd,