Large-sc­a­le manufacturing (LSM) grew 10.46 per cent in March on a year-on-year basis, the highest growth recorded in the last few years. March was the third month in 2016-17 that witnessed healthy LSM growth. Over 8pc growth was recorded in February and November each. Experts interpret it as the beginning of a revival in the industrial production. With higher-than-expe­cted growth in LSM, the government is likely to achieve the revised GDP growth target of 5.2pc for 2016-1

Regional textile industries hit hard due to surge in the cost of production and increasing competition from international players. Fluctuations in cotton prices and poor quality cotton in the region have also made trade difficult for textile mills. Industry experts said despite a drop in cotton prices, textile mills don't benefit. According to Suresh Maheshwari, owner of a textile mill, the textile market is in a depressive state. They are not competitive at an international level because cou

India’s spun yarn exports in March 2017 declined 47.6 per cent in volume terms and fell 39.3 per cent in value terms. Spun yarn (all kinds) shipments were at 64.55 million kg worth US$198.6 million, implying per unit realization of US$3.08 per kg which rose US cents 13 from previous month and were up US cents 42 as compared to March 2016. With Indian yarn imports declining significantly in China, Bangladesh emerged as the largest importer of spun yarns in terms of value in March. Bangladesh i

Department of Fashion Design, Graphic Era Hill University (GEHU), Dehradun, is collaborating with Denim Club India (DCI) to present 'Atelier de Couture' a fashion extravaganza on May 20, 2017. The presentation will be the first of its kind with focus on handloom denim with the use of natural indigenous and eco-friendly dyes and repurposed industrial denim. The one day event will begin with the unveiling of the collections and works of the students for the connoisseurs of design and industry e

DKTE Society's textile and engineering institute, located in Maharashtra, has recently signed a memorandum of understanding (MoU) with the Wuhan Textile University (WTU) of China. Both institutes have signed the MoU with an aim to facilitate faculty and student exchange, product developments, joint researches and organise workshops and training programmes. Selected students from the DKTE institute will get an opportunity to pursue masters course in the Chinese university with scholarships and

Sinterama, the international leader in production of polyester yarn, has partnered with Polygiene, the world leader in odour control and freshness technology to develop a 100 percent recycled fibre 'Newlife' which is imbued with permanent odour control technology during production, rather than having a standard topical application in the yarn and fabric finishing stages. Sinterama’s Newlife is a unique, complete and certified system of recycled polyester filament yarns coming from 100 percent

Lenzing, supplier of high-quality, botanic cellulose fibres, ranging from dissolving pulp to standard and specialty cellulose fibres, to the textile and nonwovens industry, has reported €586.2 million revenue in Q1 of 2017, up by 14.3 per cent in comparison to Q1 2016. It has succeeded in significantly improving first-quarter revenue and earnings. EBITDA was up 46.6 per cent to €135.1 million, corresponding to an EBITDA margin of 23 per cent in comparison to 18 per cent in the prior year peri

The government of Ethiopia to make its manufacturing sector globally competition has been keen on diversifying exports with priorities focused on strategic sectors like textile and garment manufacturing in the move towards industrialization from a primarily agriculture based economy. The effort is part of the structural transformation of Ethiopia's economy to exports of industrial outputs rather than raw agricultural products. Ethiopia's history in textile began in 1939 when the first garment

The Vietnam Textile and Apparel Association has unveiled plans to send a delegation of representatives to showcase the country’s prowess at a major business-to-business (B2B) event for the textiles segment in India. Textiles India 2017, which takes place this coming June 30 through July 2, promises to be a landmark trade event for the textiles and apparel industry at the global level, said Nguyen Thi Tuyet Mai of the Association. At the event, exhibitors from all around the globe are expec

China will pour more investment into countries and regions related to the Belt and Road Initiative to boost international cooperation in production capacity, a senior official with the nation's top economic planning body said. "Chinese outbound investment is forecast to total $600 billion to $800 billion over the next five years, a fairly large proportion of which will go into markets related to the Belt and Road Initiative," said Ning Jizhe, vice-minister of the National Development and Refo