Category Archives: News Briefs

Birla Cellulose launches ‘Liva’ brand

  • To delight customers with its fluidity

  • Establishing closer connect with the end customer

  • 1,000 outlets with nearly two million Liva garments

2015-04-03_230139Mumbai : The Aditya Birla Group announced the launch of Birla Cellulose’s ‘Liva’ brand. Briefing the media, Mr. K. K. Maheshwari, Group Business Director, Fibres and Textiles, and Managing Director, Grasim, stated that the launch of Liva was “indeed a defining moment for us as we take another major step forward in the continuing journey of Birla Cellulose towards achieving greater heights of excellence and growing leadership globally.” He said that the business, long-term, has a great future and that Viscose Staple Fibre (VSF) once reckoned as a commodity was increasingly moving to raise its share of value added products and solutions. Continue reading Birla Cellulose launches ‘Liva’ brand

The Cotton Textiles Export Promotion Council (Texprocil) – Submits Memorandum for Foriegn Policy to Modi Govt.

The Cotton Textiles Export Promotion Council (Texprocil) – has recommended some initiatives to the Modi Government to increase India’s footprint in the global market to get the benefit of increased employment opportunities for the rural masses particularly the underprivileged and unskilled labour in the agriculture sector.

Texprocil has a membership of around 3,500 companies spread across major textile clusters in India. Its members are well established manufacturers and exporters of cotton textile products like Cotton, Yarns, Fabrics and Home Textiles, showcasing a dazzling array of products across the value chain. Continue reading The Cotton Textiles Export Promotion Council (Texprocil) – Submits Memorandum for Foriegn Policy to Modi Govt.

Govt. Committed to Safeguarding Interests of Muga Silk Farmers of Assam

Production of Muga Silk in Assam as well as in country during the last five years period is given below, which indicates Muga silk production, has shown an increasing trend and hence, it is not on the verge of extinction.

The following statement indicates State-wise muga Silk production in the country during the last five years (2009-10 to 2013-14). It could be seen from the statement that the Assam produces substantial quantity of Muga Silk, when compared to other muga silk producing States. Continue reading Govt. Committed to Safeguarding Interests of Muga Silk Farmers of Assam

MoT Announces Rejuvenation of Silk Industry of Bhagalpur

The Bhagalpur of Bihar is famous worldwide for its distinctive type of tasar silk and coarse varieties of silk fabrics. But the silk handloom weavers of Bhagalpur are facing stiff competition from power loom and mill sector due to high input cost, low productivity and availability of cheaper imported silk fabric etc. sluggish export market and capturing of export market by other major silk producing countries like china in the recent past has also affected Bhagalpur silk industry. Continue reading MoT Announces Rejuvenation of Silk Industry of Bhagalpur

The Australian Wool Exchange (AWEX) Code of Practice to Address Contamination

The Australian Wool Exchange (AWEX) Code of Practice for the preparation of Australian Wool Clips describes the recommended practices and standards. The code aims to :

  • Prepare uniform, consistent, reliable, predictable, low risk lines of wool suitable for the diverse needs of wool processing and so maximise competition from buyers for the wool;
  • Present a product free of contamination that is correctly documented, described and packaged.

Continue reading The Australian Wool Exchange (AWEX) Code of Practice to Address Contamination

World Cotton Demand Expected to Improve as Prices of Polyester and Cotton Converge : ICAC

Texprocil has urged Cotton Corporation of India to buy from the market when prices here are cheaper than abroad and offload when these breach international prices. It would, they say, benefit farmers and mills. Globally, cotton prices have fallen to a five-year low.

After international cotton prices spiked in 2010/11, many spinners decreased the share of cotton in yarn in favor of greater use of polyester. At the start of 2013, the gap between cotton and polyester prices widened. Polyester prices remained fairly stable at around 74-76 cts/lb for most of 2013 and 2014 until dropping to 65 cts/lb in April of this year. During the same period, international cotton prices climbed higher, reaching 99 cts/lb at their peak. Continue reading World Cotton Demand Expected to Improve as Prices of Polyester and Cotton Converge : ICAC

Sangam (India) to set up Rs. 120 cr seamless garments project

Shri Ram Pal Soni
Shri Ram Pal Soni (Chairman)

Bhilwara based Sangam (India) plans to venture into the seamless garment segment with an investment of Rs. 120 crore. The company is to set up 10,000 spindles for slub yarn and a mercerising unit, besides modernising the processing division. The project, which is expected to be completed by March 2015, would be funded through a term loan of Rs. 89.50 crore and internal accruals.

The company would install 36 circular knitting machines imported from Santoni, Italy, the world leader in seamless knitting technology. The company aims to manufacture 10,000 pieces of seamless garments a day from the next financial year. Seamless knitted garments are used worldwide in the wellness industry, for yoga and sportswear. Seamless garment technology eliminates the process of fabric laying, cutting and sewing which leads to savings in terms of cost and time. Continue reading Sangam (India) to set up Rs. 120 cr seamless garments project

Indian Textile Facing Competition From Foreign Textile Industry, says Textile Minister

Shri Santosh Kumar Gangwar
Shri Santosh Kumar Gangwar

The Indian textiles industry is facing still competition from foreign textile industry including neighbouring countries especially from Bangladesh, Pakistan and Sri Lanka as these countries are taking advantage of unilateral tariff preference scheme granted to developing countries.

India, which was also a beneficiary of the EU GSP has been graduated out of the GSP from 01.01.2014 for textiles and some other products. The graduation out of countries is done by the EU based on the criterion of trade share. Hence Indian exporters of textiles pay the normal customs duty of upto 8% on textiles products being sent to EU from 01.01.2014 onwards. Continue reading Indian Textile Facing Competition From Foreign Textile Industry, says Textile Minister

Vision Document 2024 Projects Textiles Export to Touch US $300 Bn

35 Million Additional Jobs to be Created

Shri Santosh Kumar Gangwar, Minister of State for Textiles (I/C) on July 28 received the draft Vision, Strategy & Action Plan for Indian Textiles & Apparels presented by Shri Ajay Shankar, Chairman, Expert Committee & Member Secretary, National Manufacturing Competitiveness Council (NMCC). Continue reading Vision Document 2024 Projects Textiles Export to Touch US $300 Bn