Nonwovens professionals will gain timely market forecasts and insights to better navigate dynamic markets by attending presentations by INDA’s newly titled Director of Market Intelligence & Economic Insights Brad Kalil at two must-attend industry conferences this fall: Research, Innovation & Science for Engineered Fabrics Conference (RISE) and Hygienix.Brad Kalil, INDA’s Director of Market Intelligence & Economic Insights. © INDAMr Kalil will speak on trends driving nonwovens innovat

Most Indian companies present in China are planning to continue to invest there with ‘cautious optimism and confidence’ this year, according to a survey by the Confederation of Indian Industry (CII) and Evalueserve. The survey, ‘Business Climate for Indian Companies in China’, drew responses from 57 Indian companies in China and is the second such survey.Pic: Shutterstock“The survey of Indian companies working in China shows cautious optimism and confidence as compared to the previous survey las

Relying on sales network expansion, Indian fashion and apparel retailer V-Bazaaris targeting a more-than-three-fold rise in its turnover, expecting that to reach ₹750 crore by 2021. It aims to add around 60-65 more stores, taking the total count to over 120 in the next two years, according to chairman and managing director Hemant Agarwal.Pic: V-BazaarThe company, which operates in Uttar Pradesh, Bihar, Jharkhand and Madhya Pradesh, plans to enter Odisha, Delhi national capital region, Uttrakhand

Theand blends spinning industry in India is passing through a big crisis, similar to the situation last seen in 2010-11, resulting in huge job losses, according to the Northern IndiaMills Association (NITMA). High interest rates, high cost of raw materials, rise in low-priced imports of yarn and garments are among the reasons cited by NITMA.Indian yarn is becoming non-competitive in global markets due to Central and state level taxes and levies being exported in prices. In addition, there is hig

The production of polyester fabric in the’s largest man-made fabric (MMF) hub of Surat has decreased by 40 per cent from 13,000 metric tonnes (MT) to 7,500 MT per annum after the central government imposed the goods and service tax (GST) in 2016, according to thecommittee of the Southern Gujarat Chamber of Commerce and Industry (SGCCI).Pic: ShutterstockAn SGCCIsaid the higher cost of raw material, including yarn, is posing a major challenge to the MMF sector. Adding to the problem is the import

Hong Kong is all set to host the fourth edition of Centrestage, Asia’s premier fashion event. The show, to be organised from September 4 to 7, will feature some 240 brands and more than 40 fashion events. It provides an ideal platform for fashion brands and designers to get international exposure, and reinforces Hong Kong’s position as a leading fashion hub.Pic: CentrestageThe show is organised by the Hong KongDevelopment Council (HKTDC), and sponsored by Create Hong Kong (CreateHK) of theof the

TheMachinery Association of Sweden (TMAS) offers member companies access toinformation and insights to enable them to quickly react to market changes, organises meetings and seminars and spreads awareness about members and Swedish machinery through public relations campaigns, according to its secretary general Therese Premler-Andersson.It also organises joint stands atand expos and roadshows with partners within CEMATEX, the European association for textile machinery, Premler-Andersson told Fibr

Increff, founded in August 2016 by former Myntra executives Rajul Jain, Anshuman Agarwal and Romil Jain, will use $3 million generated this year in the Series A funding to fuel the next phase of growth for entering global markets, expanding its domestic customer base and enhancing its product offering, according to chief executive officer Rajul Jain.Pic: IncreffIncreff is a technology and analytics enterprise that helps fashion and lifestyle brands improve inventory turns through smart merchandi

The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) the oldest Export Promotion Council in India is organising 4th edition of its flagship exhibition 'Source India 2019' in Mumbai next week from August 21-23, 2019. The mega event will be organised under the aegis of the Ministry of Commerce & Industry and Ministry of Textiles, Govt of India.Pic: SRTEPCDuring the 3 day Source India 2019, over 125 top man-made fibre (MMF) Indian companies will be exhibiting their lates

The Confederation of IndianIndustry (CITI) has made an earnest appeal to the government to extend the current benefits under available to readymade garments and madeups under Rebate of State and Central Taxes and Levies (RoSCTL) scheme to the entire textile value chain, as it will boost export competitiveness and generate more jobs.Pic: Shutterstock"The Indian textile and apparel industry, the largest industrial employer in the, today suffers from various infirmities and thus lacks export c