Tuesday 15 November 2016

Khadi Calling - The Growth of Indian Textile

Indian Khadi

As they say, “Luck favours the Brave”, and this has been proven right by a Radio Jockey hailing from the city of Nawabs, Lucknow. Meenu Singh, who started her career as a Radio Jockey and reached the zenith of success did not become complacent. Instead she forayed into the world of cinema, where again she conquered with the NOVA film house award for her very first short film. While her career choice kept her going, she knew her heart laid with none other than the quintessential Indian fabric, Khadi! Such was her love for this fabric that she decided to set up a T-shirt Store and forward the earnings from the same towards an NGO partner of the Khadi and Village Industries Lovers Association (KAVILA).

Saturday 12 November 2016

Fibre, Textile & Apparel Exports of USA Reach $28bn In 2015

As per the information divulged by the US International Trade Commission, the fibre, textile and apparel exports of the nation, went up to approximately $28 billion, in the financial year 2015. The major chunk of this substantial total came from fabrics which ranged to $9 billion. The rest of this came from various raw materials apparels with $6.1 billion, yarns with $4.9 billion, cotton and wool fibre with $4 billion and approximately 3.7 billion worth of made-up articles.  At $ 28 billion, USA stands as the fourth largest exporter of fibre and textile products in the world.

In a bid to inform the citizens of the USA, the recent progress that the nation made with respect to investment and innovations, the National Council of Textile Organizations (NCTO) made this declaration on 7th of October, The National Manufacturing Day. 

In addition, the textile industry of the United States currently supplies as many as 8,000 distinct textile items to the armed forces. This is evident from the fact that the US military has spent close to $2 billion on textiles, annually for the entire past decade. 

Growing capital expenditures also are a clear sign of the textile industry’s positive outlook. The textile and apparel sector spent $2 billion on capital expenditures in 2014, the latest year for which data is available.