Indian textile and apparel exports to USA have risen by 7 percent

It seems that at least for the Indian Textile and Garment Industry, the central government’s ‘Make In India’ is working quite perfectly. A record surge of the country’s export, to its largest market, the United States, stands testimony to its success.

Substantial Increase Of Textile Export Expected From Africa To USA Due To Duty Free Trade Treaty

As per the statement of an official from the US, the textile and apparel exports from Africa to the USA might quadruple to a whopping $4 billion in the coming decade owing to the extension of the duty-free trade treaty. The African Growth and Opportunities Act (AGOA), is a trade program which avails certain sub-Saharan nations duty free access to USA, the world’s largest apparel market, thus giving Africa a great competitive edge over other nations Asian such as Bangladesh and Vietnam. The AGOA was established back in the year 2000, and was renewed past its stipulated expiration date in 2008.

Facilitation in exchanges on technical textile sector between India and US

In yet another welcome move, India and the United States, have agreed upon in facilitation in exchanges with respect to technical textiles between the centers of excellence of the universities of the two nations. This came as a joint announcement issued right after the India-US Strategic and Commercial Dialogue.

Effects Of Chennai Flood On Indian Textile Industry

The recent flooding in the city of Chennai has had an adverse impact on a large number of both residential as well as commercial projects in and around the city. And the humongous loss of functionality as well as property also enveloped the textile industry of the area. Pertaining to the rains, even the festive sales for Christmas have taken a hit, thus worsening the already grim situation.

The Centre Is Planning To Make It More Attractive For Exporters To Tap New Markets.

Given that the textile and clothing sector is the largest provider of employment, second only to agriculture, creating a whopping 4.5 crore jobs across the nation, both the textile as well as the commerce ministries are on the lookout for new strategies in an attempt to boost the exports..

Currently the Indian textile exports are heavily dependent on the developed nations i.e. the US & EU nations. However, the center is planning to attract the exporters to new markets, which have a great potential in store, such as Africa. This will subsequently help in expanding the geographical spread of the Indian textile and garment supplies.  While this move may not show instant results, it will definitely help the Indian markets in the long run.

Going Green In Home Textile Furnishing

Furnishing your home is as exciting as it is cumbersome! While one tends to enjoy the anticipation of the final look, the process of finalizing every little detail can sometimes be a little daunting. While everyone looks forward to building a beautiful home interior, it is almost seldom that anyone puts in a thought or two in shaping a home that is green as well. Yes, it is quite possible to go for a greener, more eco-friendly home, by making some small yet significant changes in the way you choose your home furnishings. Let’s take a look at some of these choices:

Resource Calculator A Much Needed Innovation For Textile Industry

In the present day scenario, as for any other industry, the most pressing need in the textile industry is to create sustainable solutions that help in the conservation of resources to the greatest extent possible. A feasible way to ensure that resources are conserved is to gauge the textile manufacturing process meticulously and pin-pointing the areas where there is some potential to initiate savings. Since energy, water and additives are the major components that go into the manufacturing of textiles, it is the saving of these very elements that matter the most. In this regard, the Resource Calculator has come off as a major relief. 

Benefits of Digital Textile Printing

Digital Printing in context of textiles refers to a printing method whereby a digital image is printed directly to a fabric, or cloth material. Here, the dye-sublimation printer executes the process of printing through the use of heat in order to transfer the dye on the printing medium. Simply put, once the design is created and finalized, and uploaded on the printer, the process of printing becomes as seamless as that on paper. The digital textile printing is a technique that is quickly picking up, due to its ease of use and other significant benefits, the most important of which are discussed below. 

Textile Industry Welcomes Extension Of Export Benefit

The textile industry of India has been facing a major blow, one of the worst in its history, pertaining to the slowdown that hit the global textile and clothing markets in April 2014. Due the termination of region FTA by other competing nations, exports from India have encountered an all-time low owing to its tariff barriers, expensive cotton, high fibre price and the unprecedented delay in the pay-out of the TUF subsidies. Given the scenario, the industry had long been demanding the extension of additional incentives through the Merchandise Export from India Scheme (MEIS). The demand also pressed for a grant of 3% interest with respect to the export of all textile merchandise, at least till the time that the exports reach their projected potential growth.

Reinvent Domestic Textile through Dyeing

What does one do when domestic textiles such as clothes and apparels, bed sheets or curtains grow out of fashion, or simply old? While throwing these away or changing them with new ones are the alternatives most usually taken, one way to deal with them can be by reinventing them into something totally different, simply by the way of dyeing.

Nano-Filtration - An Effective Way For Textile Effluent Treatment

The 21^st century has brought upon the global textile industry, the urgent need to reduce the water wastage, pertaining to the manufacturing process. This need has been further pressed by the fact that regulations on the discharge of effluent have been tightened all across the globe. Textile as an industry expels humongous amounts of water as waste, which makes it essential for it to find out some feasible production techniques, which in turn helps the industry meet the regulatory standards.

20 Percent Annual Growth Expected In Technical Textile Industry.

Technical Textiles, as you may already know are nothing but the textile products manufactured for purposes other than aesthetic. These include the textiles required for application in automotive, medical textiles, agro-textiles, as well as those required for making protective clothing, such as spacesuits, bulletproof vests, or that worn by the fire-fighters and welders etc.  Technical textiles also include materials and products used for their technical performance and functional properties such as tyre cords, airbags, industrial textiles, furniture lining, tents, parachutes etc.

Repo Rate Cut Welcomed By Textile Industry

To begin with, Repo Rate is precisely the rate at which the Central Bank of the country lends money to all commercial banks during the event of shortage of funds.

In a recent financial move the RBI Governor, Dr. Raghuram Rajan announced a cutback on the current repo rate from 7.25 percent to 6.75 percent, which was brought into effect immediately on 29^th September, 2015. This repo rate deduction of 50 basis points has been more than welcomed by the textile industry of the country, simply for the reason that this cut will majorly benefit capital-intensive industries.

Reinventing Home Furnishing Textile through Recycling

As surprising as it may sound, the urban waste comprises of a substantial amount of textile wastes, which usually comes from the end-consumers. While there are certain commercial as well as charity organisations that come forward and take up some part of this waste, but the better part of it is still discarded. It is dues to the unending burden of this waste, that new possibilities are being tapped so as to make it commercially viable.

Knit city of India "Tirupur"

Tirupur, a small town in the state of Tamil Nadu, started off as a market for raw cotton back in the day, has today become a strong base for the setting up of cotton ginning factories. In due course, the local economy of this South-Indian town gave way to hosiery cluster and is today known as the country’s biggest knitwear cluster accounting to a whopping 90% of the nation’s total knitwear exports.  Let us take a closer look at what is now known as the ‘Knit City of India’ and rightly so!

Importance of GST(Goods and Services Tax) For Textile Industry

The Goods and Services Tax or GST is a form of Value Added Tax which is predisposed to include all the indirect taxes and would be the same for every region of the country unlike the VAT. Simply put, the GST will allow the state government to get a share that was earlier entitled only to the centre in the form of Central Sales Tax.The Goods and Services Tax, if and when approved will benefit the textile industry in more than one ways, and hence it is only just to study the importance of GST in this context.

Tamil Nadu announces Schemes to boost textile Industry

It was only this month that the Tamil Nadu State Government announced various schemes to boost the state’s textile industry. In fact, the Chief Minister of the State, Ms Jayalalitha also waved a green flag for the setting up of a panel which is assumed to aid integrated development of this sector.

Evolution of Garment/Textile Industry

The evolution of the textile as well as the garment industry in India, if nothing, has been quite dramatic. In fact the Indian textile industry is hugely diverse much like the nation itself.  As strong as this industry is, it derives this innate vigour from its wide range of fibres or yarns, right from the natural ones like cotton, wool, jute and silk, to the synthetic ones of the likes of polyester, nylon, acrylic and viscose. While the sector was no less than thriving under the British Rule, it was only after independence that the Indian textile industry shot up like never before. Thanks to the 5-years plans, the sector saw a steep rise, of the magnitude of 22 million in production in 1982, just double of what it was in 1951. It further registered an increase and went up to 26 million, by the end of the year 1989.

Why Persian Carpets Are Considered The Best In The World?

It is not just today, that the Persian carpets have caught the eyes of the lovers of their rugs. In fact, the carpets woven in this part of the world have been doing the rounds in the most famous art galleries for centuries now. Made of high-quality wool, these carpets are woven on silk warps which give them their eccentric fine quality. Needless to say, when you set out to buy one, these carpets can dig a hole in your pocket, however, you will still not want to complain! Such is the charisma of these hand-woven wonders!

If you’re still wondering, why is that the Persian rugs are considered to be the best in the world, take a look at the below mentioned points and see for yourself!

Recent Challenges Faced By Indian Textile Mills & Drop in Yarn Export

The textile industry of India contributes a whopping 12% to the nation’s forex earnings! However, the economic slowdown in the global market has had its adverse effects on the Indian Textile Industry, in addition to the various other verticals. While the overall textile and garment exports of the country rose by almost 4% in the current financial year, but it has still fallen short of the $45 billion target, pertaining to the massive decline in China’s demand with respect to cotton and yarn.

At present, the spinning mills have up to 10% material in excess capacity thereby resulting in higher inventory overheads and lower liquidity. The higher tariffs that have been imposed on products of these mills in all the major international markets, has further aggravated the issue.