by TEXTILE VALUE CHAIN | May 2, 2024 | News & Insights, Textile Industry
The Australian Industry Group’s industry index dropped by 3.6 points in April, hitting minus 8.9 points, signaling contraction for the past 24 months. The sales indicator also fell by 3.6 points to the same level, remaining negative for 22 months. The industrial...
by TEXTILE VALUE CHAIN | Jul 24, 2023 | Fibres and Yarns, News & Insights
Considering the extraordinary situation of the Spinning Mills in Tamil Nadu, Small and Medium (MSME) Spinning Mills have stopped their production of yarn and sale of yarn from 15.07.2023. In these situations, we had a meeting with the Hon’ble Minister of Finance...
by DIGITAL MEDIA EXECUTIVE | Jun 8, 2023 | Fibres and Yarns
Visitors to ITMA in Milan may see what happens when three cutting-edge businesses that are all focused on enhancing sustainability in the textile value chain meet and decide to exhibit how a new innovative sustainable fibre is transformed into yarn on the Saurer booth...
by DIGITAL MEDIA EXECUTIVE | Jun 1, 2023 | Business & Policy
Shahi Exports will implement Responsible Sourcing Network’s “Yarn Ethically & Sustainably Sourced” (YESS) standards, according to a press release. Shahi was one of the seven global suppliers that piloted the YESS standards in 2022 and has now become the first...
by DIGITAL MEDIA EXECUTIVE | May 24, 2023 | Fabrics & Processing
According to S. Jagadesh Chandran, secretary of the South India Spinners Association, about 1,500 small- to medium-sized textile and open-end spinning mills in Tamil Nadu have chosen to limit production to 50% of capacity as of Monday. Mr. Chandran, along with G....
by DIGITAL MEDIA EXECUTIVE | May 24, 2023 | Event Update, Textile Technology
Indo Texnology, situated in Coimbatore, is eagerly anticipating its participation in the Milan, Italy-based trade show ITMA 2023. The company, which has established a name for itself in the automation and monitoring systems fields, has prepared a cutting-edge lineup...
by DIGITAL MEDIA EXECUTIVE | May 19, 2023 | cotton industry, COTTON PRICE
Due to this year’s decreased cotton crop production in China’s Xinjiang province, the nation has ordered roughly 5,000 tonnes of cotton yarn from India during the past two weeks. More than 70% of China’s total cotton production is produced in this...
by DIGITAL MEDIA EXECUTIVE | May 17, 2023 | cotton industry, COTTON PRICE, Yarn Price
Cotton yarn prices in the Tiruppur market have dropped by 2 to 5 rupees per kg as a result of the continuing low demand from the weaving sector in south India. In contrast, prices in the Mumbai market stayed constant. The textile value chain is facing significant...
by DIGITAL MEDIA EXECUTIVE | May 16, 2023 | Textile machinery
Continuous product and process innovation is something that the Neuenhauser Group has always placed a high value on. At ITMA 2023, the group firms plan to make a statement with a lineup of goods that incorporate cutting-edge technologies. Jörg Neyer, the head of...
by DIGITAL MEDIA EXECUTIVE | May 15, 2023 | cotton industry
INSIGHTS Due to weak demand, the price of North Indian cotton yarn decreased by up to 5 per kg. Markets in Ludhiana, Delhi, and Panipat are affected by declining demand from the textile and garment sectors. The extra day off is being taken by mills to lower output....
by DIGITAL MEDIA EXECUTIVE | May 10, 2023 | Fibres and Yarns
The state’s textile industry is once again experiencing output reductions after suffering last year as a result of high cotton prices and weak demand. Many of the city’s textile processing facilities are operating at 40% of their capacity due to the drop...
by DIGITAL MEDIA EXECUTIVE | May 6, 2023 | Fibres and Yarns, Yarn Price
According to G. Arulmozhi, president of the Open end Spinning Mills’ Association, at least 250 new machines have been introduced to open end spinning mills in Tamil Nadu in the last year. With the addition of additional machines, production capacity has...