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Textile Market Higher Growth During 2022-2032 CAGR: 3.77%

Textile Market Higher Growth During 2022-2032 CAGR: 3.77%

Textile Market Higher Growth During 2022-2032: As per the latest market analysis by Fact.MR, market research and competitive intelligence provider, the global sales of textiles to surpass US$ 1,440 Bn by registering a CAGR of 3.77% in the forecast period 2022-2032. Penetration of E-commerce websites is playing a crucial role …

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Garment Export face potential loss of Rs. 1200 Cr

Garment Export face potential loss of Rs. 1200 Cr

Garment Export face potential loss: Garment exporters are staring at a potential loss of Rs 1,200 crore due to the new conditions imposed in the Rebate of State and Central Taxes and Levies (RoSCTL) scheme. The scheme offers rebate against the taxes and levies already paid by exporters on the …

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GTE Kolkata to Take Place on 4-6 November 2022

GTE Garment Technology Expo

First Edition of GTE Kolkata to Take Place on 4-6 November 2022 After successfully organizing Delhi, Ahmedabad, Jaipur and Bengaluru editions of GTE show, Garment Technology Expo (GTE), has now launched their Kolkata edition as well. GTE Kolkata 2022 edition, along with Leather and Footwear Technology show will be held …

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IIT-D develops textile that destroys 100% bacteria

IIT-D develops textile that destroys 100% bacteria

IIT-D startup develops medical textile that destroys almost 100% bacteria, virus in 30 mins Manufacturing the fabric requires “passing the raw cotton fabric through a set of proprietary chemical formulations while using the standard textile processing machinery”, which are commonly available in the Indian textile industry. IIT-D develops textile that …

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Ajmera Fashion wins Millennium Brilliance Award

Ajmera Fashion

Ajmera Fashion wins ‘Millennium Brilliance Award for Best Management in Textile Industry’ The founder and CEO of Ajmera Fashion, a leading textile company from Surat, Ajay Ajmera, was bestowed with the ‘Millennium Brilliance Award for Best Management in Textile Industry’. The award was presented by Bollywood actress and Padma Shri …

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Pakistan’s textile exports to surge

Pakistan’s textile exports to surge

Pakistan’s textile exports to surge as Bangladesh, India lag behind Pakistan now becoming competitive with Bangladesh in the sector, says the country’s Commerce Adviser Abdul Razak Dawood Pakistan’s textile exports is all set to swell due to record exports after gaining an edge over its South Asian competitors amid the …

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Noida and Kanpur textile units face financial crisis: SIDBI-CRIF report

Noida and Kanpur textile units face financial crisis: SIDBI-CRIF report

Suspension of manufacturing activities due to COVID-19 lockdown has brought financial crisis to textile hubs in Uttar Pradesh With both the textile hubs of Kanpur and Noida reporting decline in credit (loan), the textile industry has been the worst hit in Uttar Pradesh, suggests the SIDBI-CRIF report on Indian Textiles …

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Covid spike crumples Tirupur Textile Industry

Covid spike crumples Tirupur's textile industry

This has resulted in units closing down, with traders and exporters worried about completion of their export orders on time. Covid Hits Tirupur Industry – Chennai: The sharp spike in cases in Tirupur has wreaked havoc for the textile industry. With no drop in cases, the administration has imposed a …

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Pakistan textile ministry recommends lifting ban on import of cotton from India

Pakistan textile ministry recommends lifting ban on import of cotton from India

An official from Ministry of Textile Industry in Pakistan said that a summary had been submitted to the Economic Coordination Committee more than a week ago to lift the ban. Islamabad: Pakistan textile ministry headed by Prime Minister Imran Khan has recommended the lifting of a ban on the import …

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