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Cotton market to witness pressure
Cotton market will show signs of pressure, for at least a short timeframe. Looks like, there is going to be lot of cotton world over. Addressing the 95th Annual General Meeting of Mumbai-based Cotton Association of India, Nayan Mirani stated recently, “cotton prices are likely to witness a depressing trend.”
India to focus on cotton branding
Following the success of branded cotton from Egypt and the US, the Government of India is considering branding of the locally produced fibre to fetch premium prices from overseas importers.
SVP to build $300-mn spinning unit in Sohar
ShriVallabh Pittie (SVP) Group, a diversified yarn manufacturing company based in India, has signed a land lease agreement for construction of $300 million cotton yarn plant in Sohar Freezone, Oman.
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.
Technology, the driving force in technical textiles
Technical textiles sector is one of the most innovative industries around the world, being used in almost all modern industries including automotive, healthcare, aeronautics, sports, etc.
Uster relaunches upgraded LVI instruments
USTER has relaunched its LVI family with upgraded electronics and design – and the accuracy and reliability. Nearly 70 years ago, the earliest accurate test equipment for cotton fibre properties were introduced to the market.
Sanmit's C-Cleaner improves yarn quality
The newly-developed C-Cleaner conversion kit (5F+1K) is simple, cost effective, and Sanmit has developed this by using existing LMW 3 flat system into 5F+1K system (5 flats + 1 Mote knife and one aluminium suction device).
Maharashtra to set up 9 textile parks
The Maharashtra Government is planning to set up nine textile parks in the northern cotton-growing regions of the State with an aim to supplement farmers’ income through value-added products.