Inflation hits retail sales globally
Global retailers have significantly trimmed down their profit projections, sighting raw material inflation and removal/reduction of stimulus, dampening the outlook. The Russia-Ukraine war has led...
Tag : textiles
India’s textiles exports highest-ever in FY22 at $44.4 billion : Government
India’s textile and apparel exports hit a new high of USD 44.4 billion in the fiscal year 2021-22, according to the government. The total exports...
40% rise in cotton prices.. Is Apparel industry prepared?
The World Bank warns the Ukraine war is set to cause the “largest commodity shock” since the 1970s with cotton prices expected to be nearly...
RBI Hikes Repo Rate..Is Textiles & Apparels Industry ready for another jerk?
The 40 basis points increase in repo rate announced by the Reserve Bank of India (RBI) this week will lead to costlier loan, and add...
JP Modatex India and DuPont Biomaterials Launches Spun Yarn Collection
JP Modatex India and DuPont Biomaterials Launches Spun Yarn Collection composed of a mix of natural fibers and DuPont Sorona staple fibers. The collection combines...
New Fabric Collection by Lenzing
Lenzing recently launched the Tree Climate fabric collection by Tencel where it branded lyocell fibers under this new collection, which offers a wide range of...
Bluesign, ZDHC, Oeko-Tex are planning to remove PFAS
Bluesign, ZDHC, Oeko-Tex are planning to remove PFAS seeing the demand from environmental groups. Reacting to the situation Bluesign and Zero Discharge of Hazardous Chemicals...
Surat Textile Industry Facing Tough Times
The steep rise in costs of raw materials and the shortage of chemical agents, has forced processing houses to run fewer shifts. Weaving and processing...
ITMA 2023 Bookings Receive Enthusiastic Response
ITMA 2023, the 19th showcase of the world’s largest textile and garment technology exhibition is on track to occupy 12 halls of the Fiera Milano...
Khadi Exceeds Turnover of Rs 1 lakh crore in 2021-22
Khadi and Village Industries Commission (KVIC) has achieved turnover of Rs 1.15 lakh crore which is not achieved by any FMCG company in the country....