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Technical textile industry upbeat after Techtextil India
An industry growing at a CAGR of 20 per cent to reach $28.7 billion, technical textiles is one of the most dynamic sectors in India. Techtextil India 2019, the leading platform to source products using technical textiles, reflects the industry with the biggest opening received this year.
Sacombank, VITAS tie-up to boost textile sector
Vietnam’s Sacombank recently signed an agreement with the Vietnam Textile and Apparel Association (VITAS) to support the latter’s activities to boost the textile and garment sector.
Scope to grow
Import of textiles industry spare parts has been continuously rising from China and trend will be continued this year as well, say industry experts.
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