Technical textiles will be given top priority under the impending national textiles policy as this sector has a huge potential for growth in India, said Union textiles minister Smriti Irani. She also said that there's an opportunity for the Indian khadi to be processed with ayurvedic drugs to offer wellness garments, which are popular in western countries. “There's a need to collaborate with companies from various countries like Japan and Germany to boost technical textile in India. There is

The 20th edition of Texcare Asia, the International TradeFair for Modern Textile Care, will be held from September 27 - 29, 2017 in Shanghai, China. The biennial show debuted in 1998 in Singapore and developed to be one of the most comprehensive showcases on advanced machinery and commercial solutions for the laundry and dry-cleaning industry in Asia. New technologies and efficient solutions enter the market frequently and Texcare Asia is recognised as the gateway to these advances entering

At a textiles buyer-seller meet held in Salem, attendees were informed that the central government offers several schemes for marketing of textile goods, which should be taken advantage of, by small textile units. So, while units in tier-1 and tier-2 cities were taking advantage of these schemes, units from tier-3 cities should also do so. The buyer-seller meet was organised as a part of a Powerloom Expo and was jointly organised by the Powerloom Development and Export Promotion Council (PDEX

Textiles, the second largest industry in India, is seeing dull days post demonetisation of Rs 500 and Rs 1000 notes. Few textile units pan India are mulling shutdown while some other units have stopped production temporarily. The Centre’s decision has affected the entire chain of people involved in the process of producing and selling of the textile items. “This is a temporary phase but the pressure will be built on every week till the issues are addressed. It will take at least two months fo

The cotton market recorded fresh gains on Saturday as strong buying orders kept pouring in throughout the session. The undertone was firm and outlook optimistic. Trading resumed on overnight bullish trend and as the flow of buying orders sustained price tended to move higher amid brisk activity, brokers said. They added that buying remained focused around quality cotton which was still available in abundance. However, global trend in cotton prices also impacted the domestic market; the New

Spindelfabrik Suessen GmbH, Germany’s leading manufacturer of spinning systems and components for spinning machines, is set to present various new components for ring and rotor spinning machines at India ITME 2016, India’s leading international textile machinery expo, from December 3 to 8, 2016, at the Bombay convention and exhibition centre, in Mumbai. All Suessen innovations are aimed for optimal yarn quality and high productivity, while costs are reduced at the same time. In ring spinni

Product safety and compliance to export markets’ requirements were discussed at an international conference in Ho Chi Minh City on November 15. The event was organised by the American Chamber of Commerce in Vietnam - HCM City chapter and the American Apparel & Footwear Association (AAFA ). Speaking at the event, Director General of German TUV Rheinland Vietnam Frank Juettner, said Vietnamese enterprises need to comply with legal regulations and the requirements of each export market.

China on Tuesday weakened the yuan's fix against the dollar to a nearly eight-year low as the surging dollar put further pressure on the unit, complicating Beijing's efforts to manage it. The central People's Bank of China set the value of the yuan -- also known as the renminbi -- at 6.8495 to the greenback, down 0.30 percent from Monday's fixing, according to data from the Foreign Exchange Trade System. The unit has reached a series of six-year lows in recent weeks in the face of a greenb

Relentless buy­­ing was witnessed in quality cotton on Wednesday as spinners remained focused on first-grade cotton to accumulate maximum quantity before the end of first picking. The smooth flow of phutti (seed cotton) also assisted buyers who remained focused towards quality cotton, brokers said. However, some small mills also purchased lower-grade cotton, they added. Steady world cotton markets were another factor which kept buyers active. The New York cotton market touched a se

The orders index for textile machinery recorded an increase for the third quarter of 2016, thanks to positive sales figures abroad, a survey carried out by the Association of Italian Textile Machinery Manufacturers (ACIMIT) showed. For the period from July to September 2016, the overall order intake increased by 16 per cent compared to the same period last year. The third quarter value for 2016 stood at 101.1 points (2010 basis = 100). However, this growth applies to foreign markets only, whe