Monday 13 June 2016

Iran- A Huge Potential Market for Indian Textiles

 India is the third largest exporter of cotton textiles to Iran

In the recent past, the import duties with respect to textile fabrics and ready-made garments in Iran have been reduced drastically, as a measure to curb illicit imports. This has also helped the Iranian Government to clear its way towards becoming a part of the World Trade Organisation. On the other hand, India is on the lookout to tap Iran’s markets which seems to have a great potential for apparel & Home textile products.

Friday 3 June 2016

Turning a Business Crisis into an Opportunity!

How to come out from a Business Crisis

The very definition of business essentially comprises an overlooking risk factor. And at a place where risk is inevitably involved, crisis ought to follow, more often than not. However, the strength of an entrepreneur always lies in his ability to turn this crisis into an opportunity! Former CEO of Intel, Andy Grove, once pointed out, “Bad companies are destroyed by crisis. Good companies survive them. Great companies are improved by them.”

Thursday 26 May 2016

Mills Online - Selling Stocklot Wasn’t So Simpler Earlier

Sell textile surplus stock

It has been quite some time now that technology has taken over in our lives. Connectivity whether it is through the internet or the mobile platform has taken a huge leap, and boundaries seem to wither with each passing day. 

Saturday 21 May 2016

The Online Solution To Stop Fraud In Textile Market

Fraud In Textile Market,

With more monetary freedom at one’s disposal, global consumerism is on an upswing. For the consumer fraternity, the textile market and apparel industry have been amongst the favorite sectors to shell out the bucks. The shift in demographic preferences can be easily figured out from the emerging market trends highlighting the global demand for apparels and the corresponding market competitions in place. The textile industry is representative of a variegated spectrum of activities ranging from cottage spinning and weaving sector at one end and capital intensive mills at the other.

Friday 13 May 2016

Is The Internet The Right Stimulus For Indian Textile Industry?

Internet for textile industry


India, the second-largest producer of textiles and garments, has been eyeing to be a sourcing hub, riding on the back of a skilled labor force and opulence of cheap raw materials. With Indian Textile Industry accounting for a quarter of the global spindle capacity, its potential size is speculated to reach US$23 billion by the end of this decade.

Being the second largest employment generating sector in the country after agriculture, Textile Industry has got a huge bearing on the country’s economy. Hence, a holistic development of this sector is imperative for GDP expansion. Infusing the right kind of technology with this industry is definitely the roadmap to tap the entire market potential.

Saturday 30 April 2016

Globe to Present Wearable Advanced Sensor Platform at the Smart Fabrics Summit

Smart Fabrics Summit

The US Department of Commerce in collaboration with the Industrial Fabrics Association International has invited the well-known Globe Manufacturing Company to share their thoughts at what can be called as the first of its kind, Smart Fabrics Summit planned to be conducted in Washington DC. It is known that Penny Pritzker, the US Secretary of Commerce will take the onus of moderating the selected panel of business leaders. 

Thursday 28 April 2016

Digital Textile Summit 2016 to be Held On Dec 7

Biggest textile event in India

As per a press release from the Inkjet Forum India, the 2016 Digital Textile Summit will be held on the 7th of December, in concurrence with the ITME 2016, the largest trade show of textile technology in India! Organised by the Inkjet Forum India, this will be the 6th conference pertaining to digital textile printing in India. According to the release, this year the conference will be held at Mumbai’s Courtyard Marriott Hotel.