Textile Market News

The President of the Northern India Manmade Fibre Manufacturers Association (NITMA), Sanjay Garg, applauded the Ministry of Textiles for implementing a Minimum Import Price (MIP) on synthetic knitted fabrics.

Upcoming Functional Fabric Fair from April 17-18 to be hosted at at the Oregon Convention Center, Portland has unveiled its agenda including new initiatives focused on sustainability.

The West Bengal government launched the Handloom and Khadi Weavers Financial Benefit Scheme 2024 to revitalize the handloom and khadi sector. This initiative aims to clear the debts of Primary Weavers Societies (PWCs) and empower individual weavers.

Sourcery, a company specializing in sourcing technology, launched a new program to improve transparency and traceability in the cotton supply chain. Their Impact and Assurance program aims to provide reliable and verified data while empowering growers and manufacturers.

Despite facing criticism and boycotts from the US and its allies since 2020, the Xinjiang cotton industry has exhibited continued growth and rising competitiveness, according to Liang Yong, a prominent figure in Chinese politics and industry.

In a move welcomed by the textile industry, the Directorate General of Foreign Trade (DGFT) has granted an exemption from Quality Control Orders (QCOs) for viscose staple fiber (VSF) imports under the advance authorization scheme.

A pioneering collaboration between Brain Biotech and AM Silk has yielded a significant step towards sustainable textiles.

The Trutzschler Group is gearing up to showcase its latest advancements in fiber-based nonwovens and sustainable textile solutions at Techtextil 2024, taking place from April 23rd to 26th in Frankfurt, Germany.

The Southern India Mills' Association (SIMA) Chairman S K Sundararaman welcomed the government’ decision of exempting Viscose Staple Fibre (VSF) imports under the Advance Authorization Scheme from the Quality Control Order (QCO).

The textile auxiliaries market is undergoing a dramatic shift, driven by the growing demand for functional textiles and a heightened focus on sustainability.

Lenzing Group, a leading producer of wood-based specialty fibers, made a splash at the recent Bharat Tex 2024 exhibition in New Delhi.

Archroma, a leader in sustainable chemicals, launched Albafix Eco Plus, a new fixing agent for textiles.

The Bremen Cotton Exchange and Fibre Institute Bremen are hosting their 37th International Cotton Conference from March 20-22, bringing together industry experts from across the globe.