by DIGITAL MEDIA EXECUTIVE | Apr 28, 2023 | cotton industry, COTTON PRICE
Due to selling pressure in the absence of buyers, recycled polyester fibre and polyester-cotton yarn production in India have seen a declining trend. However, the cost of polyspun yarn has remained constant. In the Mumbai market, viscose yarn showed a similar...
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 26, 2023 | cotton industry
Insights BSL Ltd has launched a cotton spinning unit in Bhilwara, Rajasthan, India, which is anticipated to increase its income by $250 crore in the ensuing fiscal year. The new facility will produce 700 tonnes of cotton yarn each month with a capacity of 30,000...
by DIGITAL MEDIA EXECUTIVE | Apr 25, 2023 | Fabrics & Processing
Given that both Sri Lanka and Bangladesh are significant exporters of clothing and rivals on the world market, a preferential trade agreement (PTA) between the two nations has the potential to increase bilateral commerce in fabric and yarn. Significant textile...
by DIGITAL MEDIA EXECUTIVE | Apr 21, 2023 | cotton industry
South India’s cotton yarn industry is primarily dependent on domestic sales. Prices for cotton yarn remained unchanged since not enough trade inquiries were received by traders and stockists. Traders stated that the creation of winter clothes may cause 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...
by DIGITAL MEDIA EXECUTIVE | Apr 18, 2023 | Country Report
In fiscal 2022–23 (April 2022–March 2023), readymade garment (RMG) exports from India climbed by 1.10 percent to $16,191.47 million. This is according to data given by the department of commerce within India’s ministry of commerce and industry. The value of RMG...
by DIGITAL MEDIA EXECUTIVE | Apr 18, 2023 | Textile machinery
The fact that Monforts’ dyeing, finishing, and coating machines are conceived and engineered in Germany from its corporate headquarters and produced in its factory in Austria is one of its main advantages. Because of this, there are currently an estimated 2,000...
by DIGITAL MEDIA EXECUTIVE | Apr 12, 2023 | Event Update, Textile Technology
Hyosung, which is dedicated to spending money on ongoing innovation, will present its most recent eco-friendly textile solutions at the Functional Fabric Show in Portland, OR, April 4–5, exhibit 1413A. Hyosung’s innovative creora® bio-based Black spandex, which...
by DIGITAL MEDIA EXECUTIVE | Apr 12, 2023 | Fibres and Yarns
GLOBAL MACRO TRENDS, AND ITS IMPACT ON TEXTILE & CLOTHING TRADE While the first half of 2022 started with recovery and hope for the post-covid world trade, it was not yet over from the second-half. The major and decisive global headwinds impacting the world...
by DIGITAL MEDIA EXECUTIVE | Apr 12, 2023 | Finance & Economy
The Union Budget 2023 has several provisions to promote the growth of the textile industry in India. The budget allocates a total grant of Rs. 4,389.34 crore for textiles, which is 22.6% higher than the revised budget grant for 2022-23. The launch of new schemes and...
