Traceability helps consumers trace the lifecycle of a product starting from sourcing the raw materials to manufacturing, disposing and finally the recycling of the same. Transparency and traceability will play a major role in the years to come for the Indian textile industry to scale-up its capabilities to cater to the global brands in an …
Traceability crucial for Indian textile industry to scale globally Read More »
The TRICK project, coordinated by Italian luxurious clothing manufacturer Fratelli Piacenza, aims at providing a complete, affordable and standardised platform enabling small and medium enterprises (SMEs) to collect and manage product data as well as access needed services on a dedicated, open business-to-business (B2B) marketplace in the European Union (EU). The platform will be demonstrated …
TRICK uses blockchain for product traceability in EU textile industry Read More »
Domestic cotton prices are likely to remain subdued over the third quarter of the current fiscal due to fresh arrival of cotton in the markets in cotton growing states. Compared to the previous season’s nearly 30.7 million bales (170 kg per bale), Cotton Association of India (CAI) has estimated an increase in cotton production by …
Cotton prices to remain subdued due to supply surplus Read More »
North India’s cotton yarn prices were steady today as demand from downstream industry did not improve. A gloomy picture of future demand and fear of recession in Europe were the main causes of concern for the textile sector. Cotton yarn prices were stable in Ludhiana, Delhi and Panipat, and cotton prices remained unchanged after experiencing …
North India’s cotton yarn prices stable amid feeble demand Read More »
Cotton yesterday settled up by 0.23% at 30990 as cotton production is expected to fall dramatically in Telangana as a result of the four months of incessant rain and pest attacks. While cotton output is expected to be low, cotton quality is also likely to be affected by the same factors. Cotton farmers have demanded a minimum …
Cotton Gains As Telangana Production Is Expected To Fall Due To Incessant Rains Read More »
Prices of most of the varieties and counts of cotton yarn remained steady today in the South Indian region, with demand improving in Tiruppur and Mumbai. Few counts were quoted higher due to improved buying. Traders said that the recent rise in ICE cotton encouraged buyers in the entire value chain. However, consumers’ buying has …
High cotton prices boost yarn trade in south India Read More »
Polyester-cotton (PC) and poly spun yarn prices declined in the domestic market as low demand and cheap raw material forced millers and stockists to cut their rates. Poly spun cotton yarn fell by ₹2-5 per kg due to cheap polyester fibre, while PC yarn came down to ₹10 in Ludhiana. Reliance has also decreased prices …
Polyester Cotton yarn prices drop in India due to cheap raw material, poor demand Read More »
Over 65 per cent of top officials blame insufficient demand and raw material price mismatch for the lower capacity utilisation in Indian textile mills in October, as per a recent survey. Only 26.92 per cent units operated at a capacity of over 95 per cent. About 61 per cent of the respondents do not expect …
Price mismatch, poor demand key issues for Indian textile CEOs: Survey Read More »
With international markets opening up and rising demand for locally made products, the Indian lifestyle industry is set to witness exponential growth over the coming years. However, the looming recession in US and European markets affecting apparel exports from India, rupee depreciation, inflationary pressure, and geo-political situations around the world are some concerns that the …
Unlocking the Next Leg of Growth for Lifestyle Manufacturers and Exporters Read More »
The reduced purchasing power in key export markets, like the US, due to recession is expected to weigh on the order book of Indian exporters, and could in turn hamper the near-term earnings for the textile companies. The beleaguered textile sector in Pakistan is grasping at straws seeking policy supports from the prime minister. The move …
US recession may throw wet blanket on near-term prospects of textile sector Read More »
