by DIGITAL MEDIA EXECUTIVE | May 9, 2023 | Fibres and Yarns
The major participant in India’s polyester value chain, Reliance Industries Limited (RIL), has kept the price of polyester staple fibre (PSF) constant for the first two weeks of the current month. The price of partially oriented yarn (POY) has, however, been...
by DIGITAL MEDIA EXECUTIVE | May 9, 2023 | Business & Policy
INSIGHTS When compared to the same time in 2022, US imports of textiles and clothing dropped by 19.98% to $25.874 billion in the first three months of 2023. With a market share of 23.78%, China continued to be the top provider, followed by Vietnam at 14.75%. While...
by DIGITAL MEDIA EXECUTIVE | May 8, 2023 | Business & Policy, Corporate Update
The Obernburg location of Indorama Ventures in Germany will concentrate on the tyre and vehicle safety/airbags and specialty markets, as well as drive a few product innovations for use in new market niches. As a result, the business intends to modify its capacity at...
by DIGITAL MEDIA EXECUTIVE | May 8, 2023 | Finance & Economy
Due to two significant indices that indicate steadfast economic growth, India is viewed as a bright spot in the otherwise bleak global economy. The nation’s manufacturing PMI increased to 57.2, signalling solid manufacturing activity, and the GST collection hit...
by DIGITAL MEDIA EXECUTIVE | May 4, 2023 | Textile Technology
The industry has received GreenCompact (GC), the third generation of compact spinning, favourably since it enables spinning mills to manufacture compact yarn for the same price as a regular ring yarn. Ring spun yarn is regarded as the most versatile all-purpose yarn...
by DIGITAL MEDIA EXECUTIVE | May 4, 2023 | News & Insights
A significant advance for circularity in textiles and for research:A new generation of high-performing textile chemical auxiliaries, REVECOL® (Recycled Vegetable Cooking Oil) is made from used vegetable cooking oil. Thus, for the first time, this stage of the textile...
by DIGITAL MEDIA EXECUTIVE | May 3, 2023 | News & Insights
On Saturday, Chief Minister M.K. Stalin urged Piyush Goyal, the Union Minister for Commerce and Industry, to instruct staff to demand Quality Control Orders (QCOs) for the importation of viscose and polyester fibre only after the Bureau of Indian Standards (BIS) has...
by DIGITAL MEDIA EXECUTIVE | Apr 29, 2023 | Environment/Ecosystem
The outcomes were miraculous. According to a survey by the Confederation of Indian Industry, Tiruppur decreased its water consumption by almost 50% over the course of ten years. The 300 dyeing units and 60 processing units in Tiruppur today recycle over 12 crore...
by DIGITAL MEDIA EXECUTIVE | Apr 28, 2023 | cotton industry, COTTON PRICE
The entire textile value chain in Gujarat, India, is switching over to less expensive fibres like viscose and polyester as a result of the growing price of cotton. Though it won’t happen immediately, India’s officials are working hard to shift the...
by DIGITAL MEDIA EXECUTIVE | Apr 27, 2023 | cotton industry
The entire textile value chain in Gujarat, India, is switching over to less expensive fibres like viscose and polyester as a result of the growing price of cotton. Though it won’t happen immediately, India’s officials are working hard to shift the...
by DIGITAL MEDIA EXECUTIVE | Apr 21, 2023 | Fibres and Yarns, Yarn Price
Due to a difficult scenario in the raw material textile value chain, prices of cotton yarn in North India remained steady. Trade sources claimed there was little demand from the weaving sector, and that natural fibre costs were rising for spinners. Spinners intended...
by DIGITAL MEDIA EXECUTIVE | Apr 21, 2023 | cotton industry, Fibres and Yarns
Due to a difficult scenario in the raw material textile value chain, prices of cotton yarn in North India remained steady. Trade sources claimed there was little demand from the weaving sector, and that natural fiber costs were rising for spinners. Spinners intended...
