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Renewed strength in domestic manufacturing

November 1st, 2023

Advanced economies are now serious about boosting their manufacturing. In the U.S., textile market opportunities include high-end segments such as medical, aerospace, defense and infrastructure. Image: Dreamstime Since the pandemic, the world economy has been full of anomalies. With a strong labor market, one normally expects higher demand in daily nonessentials such as clothing, home […]

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India slashes cotton import duty

April 13th, 2022

The Ministry of Finance of India has announced that there will be no import duty on cotton for the period of April 14, 2022 through September 30, 2022. This news is welcomed by the Indian textile industry, which has been making calls to the government to allow duty-free import of cotton to stay competitive against […]

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India’s textiles sector grows

April 4th, 2019

India’s textiles sector, which currently employs more than 45 million people, will require 17 million additional workers by 2022. The textiles ministry said in the last four years, 8.58 lakh persons have been trained in partnership with 58 government and industry partners to meet the sector’s need for a skilled workforce. Twelve markets in Vietnam, […]

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India to hit $30 billion export target

February 17th, 2017

India’s garment exports are on track to meet a government goal of $30 billion in the next three years, according to the Apparel Export Promotion Council, the official body of apparel exporters in India. Apparel exports are expected to increase in 2017–2018 due to innovative design, quality of products and initiatives by the government, including […]

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Vehicles for change

September 1st, 2016

The signature form of transportation in Mumbai, India, is the iconic black and yellow taxi. Many drivers like to make their taxi stand out by decorating it with personalized touches. But designer Sanket Avlani noticed that the seat covers were fairly standardized and dull. He also recognized that in India, design has limited scope and […]

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India anticipates Free Trade Agreement

July 8th, 2016

The Free Trade Agreement (FTA) between India and the European Union (EU) is expected to be signed given the fact that the dialogue between the two entities has been revived, according to Rashmi Verma, secretary of India’s Ministry of Textiles. Verma also hinted at taking steps to get an FTA with the U.S. ratified as well. Apparel exporters […]

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Experts predict growth in India’s nonwoven and technical textile industry

September 1st, 2008

Researchers at Texas Tech University, Lubbock, Tex., predict a yearly growth of 13.3 percent for India’s nonwoven and technical textile industry, which is more than twice the annual five to six percent expected growth patterns in the United States and Europe. The study was done at the Nonwoven and Advanced Materials Laboratory at The Institute […]

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Textile industry grows in India

June 1st, 2008

According to FICCI-Technopak, an Indian technical textile industry group, lack of investment and absence of research and development are the only factors hampering potential growth of technical fabrics to a $37 billion industry by 2020. Technical textiles have registered growth of greater than 11 percent, says FICCI, with building, geotechnical, medical and eight other segments […]

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India’s nonwovens and technical textiles industry expands

June 1st, 2008

The economy, in particular the losses of manufacturing jobs, currently occupies the center stage in the presidential election campaigns in the U.S.—a dramatic shift from other issues that were considered priorities six months back. Some economic pundits are predicting (or acknowledging) recession. The situation is quite a contrast 10,000 miles away in India. For the […]

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India invests in cotton textiles

May 1st, 2008

From 2000 B.C., India has made art and commerce out of cotton textiles, and it is this expertise that may lead India’s resurgence in exports of high-end cotton textiles, knitwear and hosiery, according to Hari Sud, former vice president of C-I-L Inc. and investment strategies analyst. China is the world’s largest cotton producer, but Sud […]

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