Textile News

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Cotton imports this season have been the highest so far having crossed the 30-35 lakh bale mark. However, according to market reports, some of the contracts are now being cancelled or settled by mills in South India due to local market trends and GST. According to Pradeep Jain, a major cotton ginner from Jalgaon, contracts worth Rs 2-2.5 lakh bales…Read more
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The Trades Union Congress (TUC) is asking government to include the textile industry in the list of factories it plans to set up under the one -district, one-factory policy. The TUC believes the industry has the potential to generate many jobs and thus deserves some attention as the nation seeks to industrialise. “The textile industry can generate tens of thousands of…Read more
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Innovative fashionistas are seriously looking at the garment industry's role in environmental pollution and climate change. A new Seattle-based apparel company, named Ably, is driven by the idea that what we wear shouldn’t hurt the planet. This is not a niche issue. The apparel industry accounts for over 10% of global carbon emissions and remains the second largest industrial polluter, topped…Read more
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Keen on making Haryana a global hub of textile manufacturing and a popular investment destination, the state government has prepared Textile Policy-2017. Under the policy, the government will give incentives for setting up new units and ensure growth and modernisation of the existing textile industry in the state. "Taking a holistic approach to the issue, the policy is packed with…Read more
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The new textile policy is expected to focus especially on handicraft sector and give incentives for expansion of its production base for quality manufacturing. It will have a three-pronged approach to boost the sector which is currently facing competition from international players. The policy will also aim to preserve and protect endangered crafts.   The new policy aims to create additional…Read more
Google
Wellspun India Ltd., took yet another step towards the company's vision of continious innovation by unveiling the new "state of the art" Needle entangled advance Textile plant in Anjar. Minister of Textiles, Smt. Smriti Zubin Irani graced the occasion with her presence and inaugurated the plant on 18th march 2017. Indian textile will get more infra potentials from this innovation…Read more
Courtesy Google
As many as 17 cotton and man-made fibre textile mills spread over 8 states closed between June last year and May this year. "The major reported reasons for closure include financial problems due to inadequate working capital, insufficient cash flow, increase in cost of product, squeezed profit margin, stressed assets etc," Minister of State for Textiles Ajay Tamta said in…Read more
Courtesy Google
Gunmen stormed the Holey Artisan Bakery in the capital's diplomatic quarter on Friday evening, rounding up foreign hostages before murdering 20 people with explosives and machetes, in a brutal targeting of the small expat community. Islamic State jihadists released gruesome images of corpses lying in crimson pools on the cafe floor as they claimed responsibility for the deadly 11-hour siege.…Read more
Courtesy Google
To clothe a billion people ought to be reason by itself to ensure a thriving industry. Traditionally, India’s textile sector not only employed millions of people directly but also gave the country the lion’s share in global trade. However, things have changed in recent years. India’s apparel industry is in tatters. Textiles mills are shutting down. New jobs aren’t being…Read more
TFA
Textile Association of India, Coimbatore division has presented LIFETIME Achievement Award to SHRI. C. Karuppasamy, Textile Consultant on 24/05/2016, who has done more than 30 plus mills projects in Tamil nadu and continues his efforts with further more three projects in Gujarat. All over Spinning industries is taking this opportunity to wish him to create further milestones.., In all of his…Read more
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