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A textile cluster will come up in Surat on a 50 lakh acre plot.The next step will be garment manufacturing and diversifying into cotton fabrics.
A special purpose vehicle will be employed to invite processing units and meet their major requirements. The cluster will have a common boiler that supplies steam to all units, while provisions will be made for cheaper electricity, soft water, treatment of effluents, etc.
Foreign investors and investors from other states of India have shown interest in establishing units in the cluster.
Surat wants to expand through forward integration. As of now, yarns and fabrics comprise the major production. Now units want to move ahead into garment manufacturing and move ahead from manufacturing just synthetic fabrics to producing cotton fabrics too.
There are about 6,00,000 plain power looms, around 1,00,000 embroidery machines and also 50,000 water jet and rapier looms in Surat. There are also numerous yarn texturising units. Export of synthetic fabrics from the Surat textile industry is around Rs 20,000 crores.
The textile industry in Surat is mainly engaged in the activities of yarn production, weaving, processing as well as embroidery. Nearly 30 million meters of raw fabric and 25 million meters of processed fabric are produced in Surat daily.
Wanting to explore business opportunities in a different sector, a delegation of Pakistani businessmen and exporters are on a visit to Qatar currently.
Made out of businessmen and exporters representing different industry sectors, the delegation of Gujranawala Chamber of Commerce & Industry led by Samee Ullah Naeem will hold meetings with business leaders from Qatar and various other institutions with the aim to find a share for themselves in the local market.
Gujranwala is the 4th biggest city of Pakistan. Over 4,000 members of the Chamber contribute about 80 billion rupees annually to the national economy. In exports, exporters based out of Gujranwala give as much as 1.5 billion rupees which is about 10-12 per cent of the total exports of Pakistan.
There is a huge cottage industry and Small and Medium Enterprises (SMEs) in Gujranwala. There are about 500,000 families associated with these businesses.
The main aim of exploring this market is to provide the industry here an outlet which it had not been able to explore in the past. From Qatar, the delegation will move to Kuwait.
For an unique presentation, Who’s Next and Premiere Classe are gearing up for their next edition that takes place at the Parisian Porte de Versailles, Paris from September 2 till September 5. Both the trade fairs have welcomed two designers of accessories and seven ready-to-wear designers to showcase their collections by the Maison Méditerranéenne des Métiers de la Mode (MMMM).
Continuing the efforts of last season to help professionals decode the new seasonal trends, Who’s Next has partnered with the Martine Leherpeur Conseil office for the spring/summer’17 trends forum. The living space installed at the show premises will talk about fashion blurring the lines between religious, cultural, musical and urban codes, while also highlighting the increasing merge of masculine and feminine codes for the sake of an ambiguous style for both genders.
Designers who have been selected to participate at the (Re)create project will showcase their final collections made out of reworked recycled garments at the show, too. The initiative aims to raise awareness for the benefits of the up cycling design method, in tune with the eco-conscious movement that is gaining foothold in fashion.
The third edition of The Future of Fashion Program –organized in co-operation with Not Just A Label will start with 30 selected emerging designers showcasing their collections during this edition. The new talents will be judged on their creativity and business capacity to market in the fashion industry, following a selection process which will take the most deserving designers through to two more seasons with three final winners who would be presented in September 2017.
While Who’s Next will continue its distribution in five areas of creation: Fame (200 brands); Private (200 brands); Urban (65 brands); Trendy (65 brands) and Studio (170 brands), Premiere Classe will host 900 brands from the jewelry, footwear and leather goods’ segments.
For the quarter ended June 30, 2016, Indo Rama Synthetics’ net revenues stood at Rs.647.14 crores as against Rs.642.48 crores in the corresponding quarter of the previous year.
Operational EBIDTA for the quarter stood at Rs 3.95 crores as compared to Rs 32.54 crores for the corresponding quarter in the previous year. The company has reported a loss of Rs 16.56 crores during the quarter as compared to a net profit of Rs.5.86 crores in the corresponding quarter of the previous year.
Sales volume for the quarter increased to 84,470 tons as compared to 79,088 tons in the corresponding period of the last financial year, reflecting an increase of 6.81 per cent on a quarter on quarter basis.
Indo Rama is India’s largest dedicated polyester manufacturer. Indo Rama manufactures a multitude of industrial products including polyethylene, polypropylene, spun yarns, fabrics, medical gloves, and fertilizers. It is involved in spinning, weaving and finishing of textiles.
The company was incorporated in 1975. Indo Rama is the largest producer of phosphoric acid and phosphate fertilizers in sub saharan Africa. The company exports to premium customers in North America, Europe, South America, Asia, Australia and the Middle East. The company has been listed on the Indonesian stock exchange since 1990.
Readymade garment exports from Vietnam in 2014 were 20 billion dollars, which rose to 24 billion dollars in 2015 and 28 billion dollars in 2016.
China is the largest exporter of readymade garments and basic textiles in the world. Its main exports are clothing and other value-added textiles. In 2014 its textile exports were 254 billion dollars that increased to 264 billion dollars in 2015, but decreased to 254 billion dollars in 2016.
Previously, China was exporting low value-added apparels but when the world's second largest economy lost its market to Bangladesh, India and Vietnam, it shifted to higher value-added clothing.
Indian textile exports in March to April 2014 amounted to 32 billion dollars that increased to 37 billion dollars in 2015 and declined to 36 billion dollars in 2016. India is also a major exporter of basic textiles (yarn and fabric) but is moving up rapidly in the clothing sector. It lost a sizable market in basic textiles but made up the loss by gaining markets in the clothing sector.
Growth of readymade garment exports from India and Vietnam has been bigger than those from Bangladesh, the world’s second largest readymade garment exporter, over the last three years.
IFC, a member of the World Bank Group, has entered into a partnership with Levi Strauss & Co (, a leading jeans-wear manufacturer, to develop a global programme aimed at achieving environmental sustainability, a company press release says.
The programme will build on the extensive experience of IFC’s Bangladesh Partnership for Cleaner Textile (PaCT) programme, focusing on providing advice on implementing cleaner production practices in over 165 textile factories in Bangladesh. This is the first time that the IFC PaCT program will be implemented outside Bangladesh. Initially, a pilot is planned in six facilities in Bangladesh, India, Sri Lanka, and Vietnam.
Said Michael Kobori, vice president of sustainability, Levi Strauss & Co that the company is pleased to be the first IFC partner to pilot its PaCT programme in additional countries. The goal of his company is to scale the practices globally to achieve greater reductions in water, energy and chemical use across our supply chain.
The global textile sector faces critical environmental challenges associated with water, energy and chemical use that leave a large footprint on the world’s environment. The implementation of cleaner production measures can reduce the use of natural resources, mitigate threats to humans and the environment, and promote greater overall efficiency through improved production practices.
Simple and low-cost measures could reduce water use by up to 20 per cent in factories and lead to savings in future infrastructure and operational expenditure, the release adds.
IFS aims to help Levi Strauss & Co reach this goal through cleaner production assessments and PaCT Advantage, a web-based diagnostic process to develop a roadmap for continuous improvement by suppliers. The results of the PaCT Advantage diagnostics can then be benchmarked across sites and countries.
As per a new report published by Transparency Market Research on the global smart and interactive textiles market, the global smart and interactive textiles market is expected to expand at a 14.0% CAGR from the period between 2014 and 2020.
The report, titled ‘Smart and Interactive Textiles Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020’, states that the global smart and interactive textiles market is expected to progress from US$1.5 bn in 2013 to US$3.8 bn by 2020.
Smart and interactive textiles are fabric products that have the ability to sense and react to a specific environment or stimuli such as heat or light. Smart and interactive textiles, also known as smart fabrics or smart textiles, provide additional applicability and functionality as compared to traditional ones. They can also be used in protection, monitoring, medical, and entertainment applications and can be used in the technical textiles industry and fashion and clothing segments.
The global smart and interactive textiles market is segmented on the basis of application and region. Based on application, the global smart and interactive textiles market is classified into industrial, medical and healthcare, military and defense, transportation, retail and consumer, and others.
By geography, the global smart and interactive textiles market is divided into North America, Europe, Asia Pacific, and Rest of the World.
E. I. du Pont de Nemours and Company, Globe Manufacturing Company, LLC, Outlast Technologies Inc., Toray Industries Inc., Fibertronic Ltd., Interactive Wear AG, and Textronics Inc. are the prominent players operating in the global smart and interactive textiles market.
In the last decade, only a few entrepreneurs in Western Tamil Nadu's textile industry viz KRP Mill, Ambika Cotton and Loyal Textile Mills took to Dalal Street and fared well after their IPO and sustained interest among investors over the decade got going.
A strong domestic demand and a gradual increase in exposure as to how the capital markets work appear to have pushed new entrepreneurs towards the markets now.
Western Tamil Nadu's textile belt entrepreneurs, who had till now banked on debt to run their privately held businesses, are opening up to the idea of taking their companies public thus changing the mindset of the state's oldest business clusters.
The process was aided by two awareness sessions by NSE for its ‘Emerge Platform’. One such meet held four months ago had Chitra Ramkrishna, MD of NSE deliver a talk to Tirupur's entrepreneurs on why they should end their IPO drought.
Integrated firms manufacturing goods across the supply chain from yarn to finished apparel numbering close to at least 80 work out of Coimbatore, Tirupur and Erode boast fairly high levels of operating margins, international clientele like Walmart and Macy's and strong business continuity typical of family-run businesses. But, till now, they have held back their exposure to capital markets.
Tirupur based garment maker specializing in knitted apparel that began nearly with 40 workers and 24 sewing machines two decades ago, now runs 3,600 sewing units, rolls out 40,000 pieces a day to Indian retailers and the ones in West and Australia.
It is said that lack of exposure restricted the way they structured their companies-it was either proprietary or the Limited Liability Partnership. Some extended it to Private Ltd companies.
But now, globalization has opened up new horizons to the avenue of tapping public money. Secondly, in a competitive, volumes-driven business environment, a company needs to have a strong fund flow.
Cinte Techtextil will be held in China, October 12 to 14, 2016. There will be pavilions from Belgium, Germany, Italy, South Korea and Taiwan, a Russian Zone and a European Zone, as well as a number of Chinese regional pavilions, each one featuring a range of exhibitors from different product groups and application areas. More than 500 exhibitors from 23 countries and regions will display their latest products and technologies. The 2012 show saw 437 exhibitors from 22 countries and regions.
Cinte Techtextil China is Asia’s leading biennial trade fair for technical textile and nonwoven products. Cinte Techtextil’s product groups include technology and machinery, woven and knitted fabrics, nonwovens, coated textiles, composites, surface and bonding techniques, fibers and yarns. Nonwoven suppliers are targeting big results at this year’s fair as the Medtech sector experiences strong growth. Along with international exhibitors, Chinese suppliers will provide a wide range of sourcing options for buyers, particularly in the Medtech application area.
Demand in China for medical textile products is expected to be 3,23,000 tons in 2016 and reach 4,25,000 tons in 2019.
Cinte Techtextil covers twelve application areas and product groups which comprehensively span the full range of potential use of modern textile technologies.
Carvico has developed a fabric aimed at clothing for the cycling sector. The new high performance fabric is called Vita. It boasts Lycra Sport certification.
Vita with Lycra Sport is designed to enable fabrics to provide outstanding compression performance. Its ability to contain muscle movement means it can help athletes limit the amount of energy they waste, leading to improved performance. The fabric has been exposed to real-life fatigue, sweat and wear and tear.
Italian cyclists wore prototype cycling apparel made with new VITA fabric during three months of intensive training in all types of weather. At the end of testing, which included daily washing and drying at high temperatures, the garments still looked like new and retained their original shape and compression strength.
Vita is made with Econyl, a 100 per cent regenerated nylon and polyester fiber from post consumer materials. Econyl has been tested to be two times more resistant to chlorine, suntan creams and oils than competitors' fabrics.
Carvico is a leader in the development and production of new generation non-run stretch fabrics. Carvico, based in Italy, operates on a global scale, offering customers a range of warp knit, innovative fabrics of undisputed and unparalleled quality.
