Globe to Present Wearable Advanced Sensor Platform at the 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. 

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.

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.