Sportswear giant set to tap Indian firms

Related Keywords: Adidas, import, India, PET bottles, plastic, polyester, Polygenta, sportswear, upcycling

India
Sportswear giant set to tap Indian firm’s
Summary: 
Global sportswear giant Adidas aims at eliminating the use of virgin plastics in its products by 2024 — with a little help from a Maharashtra-based firm — the only one of its kind in the country to produce yarn out of discarded PET bottles. At its first factory set up in Nashik five years ago, Polygenta Technology Limited deploys an unique technology to break down used PET (short for Polyethylene Terephthalate) bottles and convert them into polyester

Global sportswear giant Adidas aims at eliminating the use of virgin plastics in its products by 2024 — with a little help from a Maharashtra-based firm — the only one of its kind in the country to produce yarn out of discarded PET bottles.

At its first factory set up in Nashik five years ago, Polygenta Technology Limited deploys an unique technology to break down used PET (short for Polyethylene Terephthalate) bottles and convert them into polyester filament yarn.

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Indian textile industry aims the 350 billion dollor mark by 2025

Related Keywords: apparel, cotton, exports, fabric, fashion, fiber, Garments, import, India, Industry, revenue, Textile, yarn

India
Indian textile industry aims the 350 billion dollor mark by 2025
Summary: 
India, which is emerging as a global textile hub with huge potential, needs to develop man-made fibre to remain competitive in the global market and it aims to be a $350 billion industry by 2025, industry officials

India, which is emerging as a global textile hub with huge potential, needs to develop man-made fibre to remain competitive in the global market and it aims to be a $350 billion industry by 2025, industry officials June 6 said.

"It is high time that the industry changes its approach to move into the second growth phase and aim for exports of around $100 billion from the current $40 billion," Textiles Secretary Ajit B Chavan said at the CII Texexcel 2019, the National Textiles 4.0 Summit here.

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India's apparel export's share in total exports fall from 51% in FY17 to 45% in FY19

Related Keywords: Bangladesh, decline, export, Garments, import, India, Industry, manufacturing, Textile, Vietnam

India
India's apparel export's share in total exports fall from 51% in FY17 to 45% in
Summary: 
The new government would have to rethink its policy on turning around India’s second-largest job provider, as the textile sector continues to gasp for growth. Three years after key regulatory and labour changes were put

The new government would have to rethink its policy on turning around India’s second-largest job provider, as the textile sector continues to gasp for growth. Three years after key regulatory and labour changes were put in place, India’s textile and apparel exports have declined from $38.60 billion in 2014 to $37.12 billion in 2018 while imports have increased from $5.85 billion to $ 7.31.

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Ethiopia encourages Indian garment exporters

Related Keywords: Confederation of Indian Textile Industry, cotton, Ethopia, export, India, KPR Export Plc., polycot, SITA

India
Ethiopia encourages Indian garment exporters
Summary: 
Melat and Rahel, both 24 years of age, completed their studies last year in the east African country of Ethiopia and landed their first job in an Indian textile company. They are among the 700-odd young

Melat and Rahel, both 24 years of age, completed their studies last year in the east African country of Ethiopia and landed their first job in an Indian textile company. They are among the 700-odd young men and women employed at KPR Export Plc. at Makelle, Ethiopia. They were trained at KPR’s Coimbatore manufacturing plant.

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ITF urges retailers to source garments locally

Related Keywords: export, garmenting, Garments, impact, import, India, ITF, readymade garments, supply chain, Textile

India
ITF urges retailers to source garments locally
Summary: 
Indian Texpreneurs Federation (ITF) has appealed to all brands and retail chains operating in India to source their requirements from within the country instead of

Indian Texpreneurs Federation (ITF) has appealed to all brands and retail chains operating in India to source their requirements from within the country instead of importing.

ITF’s appeal comes in the wake of a huge jump in import of readymade garments from Bangladesh.

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Messe Frankfurt India announces strategic re-organization of its consumer goods portfolio

Related Keywords: Ambiente, CAGR, clothing, India, Messe Frankfurt, Paperworld, Textile

India
Messe Frankfurt India announces strategic re-organization of its consumer goods
Summary: 
In a strategic re-organization of its trade fair assets in India, Messe Frankfurt Trade Fairs India has announced the consolidation and relocation of its consumer goods portfolio – with leading brands

In a strategic re-organization of its trade fair assets in India, Messe Frankfurt Trade Fairs India has announced the consolidation and relocation of its consumer goods portfolio – with leading brands coming together under one roof. The first combined edition of Interior Lifestyle India, Paperworld India and Corporate Gifts Show will take place from 19 – 22 March 2020 in Mumbai.

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US-China trade war to create opportunity for textile sector

Related Keywords: China, clothes, Garments, India, Textile, United States

China
US-China trade war to create opportunity for textile sector
Summary: 
The USA has hiked additional tariff to 25% on US$ 200 billion imports from China, which is an opportunity for the Indian textiles industry, said CITI chairman Sanjay K Jain. He stated that due to the ongoing trade

The USA has hiked additional tariff to 25% on US$ 200 billion imports from China, which is an opportunity for the Indian textiles industry, said CITI chairman Sanjay K Jain.

He stated that due to the ongoing trade war between the United States of America (USA) and China, the USA has hiked additional tariff to 25% on US$ 200 billion imports from China, applicable from 10th May 2019.

He further stated that the additional tariff hike covers Textile Chapters: 50-60.

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A garment worker now the new face of fashion

Related Keywords: fabrics, fashion, garment, India, sustainability, Textile

India
A garment worker now the new face of fashion
Summary: 
Ever wondered who cut, dyed or stitched your designer dress? Now, a few ethical brands are giving those nameless ‘karigar credit, and a share of the social media spotlight. Laxmiben Karamta, a pattern cutter

Ever wondered who cut, dyed or stitched your designer dress? Now, a few ethical brands are giving those nameless ‘karigar credit, and a share of the social media spotlight.

Laxmiben Karamta, a pattern cutter who hails from the Rabari tribe, is not your usual fashion model. But just check out Gujarati handcrafted label Okhai’s Instagram page, and you can see a cheerful Laxmiben clad in a red lehenga and black blouse posing in front of a mirror work mud wall, cutting fabric patterns or posing in a pair of sunglasses.

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Walmart, Target, Bed Bath to face lawsuits over fake 'Egyptian' cotton

Related Keywords: Beyond Inc, cotton, Egypt, Egyptian cotton, India, Target Corp and Bed Bath, Textile, Walmart

United States
Walmart, Target, Bed Bath to face lawsuits over fake 'Egyptian' cotton
Summary: 
A federal judge said Walmart Inc, Target Corp and Bed Bath & Beyond Inc must face a lawsuit claiming they sold linens that were falsely labelled “100% Egyptian Cotton” or “100% Long-Staple Egyptian cotton” despite

A federal judge said Walmart Inc, Target Corp and Bed Bath & Beyond Inc must face a lawsuit claiming they sold linens that were falsely labelled “100% Egyptian Cotton” or “100% Long-Staple Egyptian cotton” despite being suspicious of their origin.

Monday’s decision by U.S. District Judge Vincent Briccetti in White Plains, New York, addressed claims that consumers nationwide overpaid for mislabelled cotton produced by an Indian textile company, Welspun India Ltd.

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Polyester film demand expected to grow in India by 10% in next 5 years

Related Keywords: BOPET, chemicals, China, forcast, India, PET, photovoltaic, polyester, polyethylene terephthalate

India
Polyester film demand expected to grow in India by 10% in next 5 years
Summary: 
Global demand for polyester film, known as BOPET film, would grow at 5.6 percent in the next five years driven by electrical and electronics sector, high-end display screens (OLED)

Global demand for polyester film, known as BOPET film, would grow at 5.6 percent in the next five years driven by electrical and electronics sector, high-end display screens (OLED) and photovoltic cells.

The demand for polyester film, used in packaging, electronics and other industries, is expected to grow by 10 percent in India in the next five years, according to a report.

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