The virus outbreak could augur well for the Indian subcontinent, especially India with orders being diverted and demand for Indian cotton, leather increasing in the international market.
The Coronavirus outbreak has caused huge concerns in the worldwide financial markets. Shares of Chinese brands declined 9 per cent, ... Read more
"The impact of Coronavirus can be felt across the globe. The apparel and textile industry across the world is facing numerous challenges from sourcing to retail. And this uncertainty is affecting business"
While the US-China trade war has negatively affected Chinese textile and apparel industry, the latest Cor... Read more
"Marked by an unrelenting and disruptive consumer revolution, the past decade made mobility a make-or-break factor for fashion retail businesses. Factors responsible for this change included demographic shifts, rise of the smartphone, the ubiquity of the internet, the changing role of stores and competition from unexpe... Read more
"A new report ‘Winning in Disruptive Times’ by FICCI-Wazir Advisors says, in order to compete with global counterparts, India needs to upgrade its manufacturing standards and service orientation. Also, Indian companies need to build digitally enabled smart factories besides focusing on skilling of middle an... Read more
Polyester or synthetic yarn could become cheaper in India. The anti-dumping duty on Purified Terephthalic Acid (PTA) has been abolished in this Budget. This will make imports of the petrochemical from Iran, China, Indonesia, Malaysia, Korea, Taiwan and Thailand cheaper. Removal of the anti-dumping duty will put pressur... Read more
Exhibitors and newcomers, including the suppliers from Belarus, are set to show off their latest innovations to meet the specific sourcing needs of buyers with a diverse range of unique functional yarns at Yarn Expo Spring. The fair will be held from 11th to 13th March 2020 at the National Exhibition and Convention Cen... Read more
It takes a special kind of focus for a company to achieve the status of a recognized ‘industry leader’. Maintaining that position is even more challenging, with a constant drive for maximum efficiency, optimized quality and total customer satisfaction. The Chinese company Esquel has exactly those attributes... Read more
The world’s leading provider of industrial machine needles, precision parts and fine tools, Groz Beckert Asia offers its customers systems and services for production and joining of textile fabrics. The company, founded in 1852, employs more than 9,000 people and has production sites in Germany, Belgium, the Czec... Read more
"An important link between Europe and Asia, Turkey is a significant exporter of cotton and cotton products to the European Union. The country's textile exporters are known for their fast order response time and higher quality products. Nearly 36,000 companies operate in the sector. The EU remains the leading market for... Read more
"International menswear show Pitti Uomo, held from January 7 to 10, 2020 in Florence's Fortezza da Basso, launched many new collections for F/W 2020-21. Though the show started on a slower note, its second and third days were busier and livelier, and hosted more number of visitors"
International menswear show ... Read more
"The $2.5 trillion fashion industry accounts for 10 per cent of global greenhouse gas emissions. Most of this damage is caused during the production and processing of garments especially those made from synthetic materials. These synthetic materials are sourced from fossil fuel and account for over 60 per cent of all f... Read more
Hemant Bharat Ram, Managing Director, DCM Novelle
A leading manufacturer and exporter of 100 per cent cotton carded and combed yarns DCM Nouvelle aims to grow its business by 10-15 per cent annually. Formed a few months ago, the company is the textile arm of the former DCM. “We don’t do synthetics. O... Read more
"Involved in buying raw cotton from the country and exporting ginned cotton to countries like India, Bangladesh, China and Indonesia, Tanzania Cotton Association has so far produced 600,000 bales of ginned cotton. The association has now set its sights on the Indian market. Boaz Ogola, General Secretary of the associat... Read more
"The Chinese textile industry has become a key player after decades of reform. In 2018, Chinese production of chemical fibers made up over two thirds of the global production. “Textile exports from the country also increased by 3.5 per cent to reach 37.6 per cent of the world’s total in 2018, while apparel ... Read more
"Since the cotton producing regions have unique soil and agro-climatic conditions, the cotton produced by them are of different varieties and staple groups. The different varieties of cotton produced in India include medium staple, medium long staple and long staple. The country has largest area under Bt Cotton cultiva... Read more