Textile Industry News

Indian FM Likely To Present 1st Post-GST Budget Finance Minister Arun Jaitley is likely to present India’s first budget after the July rollout of the goods and services tax (GST) regime on February 1 next year. The budget session of parliament may begin on January 30. The annual Economic Survey, … Read more about Indian FM Likely To Present 1st Post-GST Budget

7.79% growth of surgical, non-woven disposables in 2017-21 The global surgical and non-woven disposable market is projected to grow at a compound annual growth rate of 7.79 per cent in the next four years. Cost effectiveness of nonwoven medical textiles and the rise of single-use spinal products … Read more about 7.79% growth of surgical, non-woven disposables in 2017-21

Teijin Unveils Solotex Thermo Thermal Retention Fibre Teijin unveils Solotex Thermo thermal retention fibre Teijin Frontier Co., Ltd., the Teijin Group’s fibre-product converting company, has unveiled the Solotex Thermo, a polytrimethylene terephthalate (PTT) fibre, offering excellent thermal … Read more about Teijin Unveils Solotex Thermo Thermal Retention Fibre

ASEAN, Hong Kong Sign Free Trade Agreement ASEAN, Hong Kong sign free trade agreement The Association of Southeast Asian Nations (ASEAN) and Hong Kong recently signed the ASEAN-Hong Kong-China Free Trade Agreement (AHKFTA) and the ASEAN-Hong Kong Investment Agreement (AHKIA) at the 31st … Read more about ASEAN, Hong Kong Sign Free Trade Agreement

Messe Frankfurt Looking At Africa For Textile Events First Ethiopia, then South Africa and Morocco - Messe Frankfurt is now looking at African continent for textile trade fairs. Demographic change and growing economy in Africa are impacting the textile industry. With the two trade fairs Maroc in … Read more about Messe Frankfurt Looking At Africa For Textile Events

Govt Extends Deadline To Claim GST TRAN-1 Credit The government has announced its decision to extend the time limit to claim the credit of the transitional stock in the GST regime to November 30, stated a notification from Central Board of Excise and Customs. Previously, at the 21st meeting of … Read more about Govt Extends Deadline To Claim GST TRAN-1 Credit

Turkish Group Taypa To Build Textile Factory In Serbia Serbian economy minister Goran Knezevic (left) and Taypa president Mesut Toprak after signing the MoU. Courtesy: Serbian Government/SeeNews Serbian economy minister Goran Knezevic (left) and Taypa president Mesut Toprak after signing the … Read more about Turkish Group Taypa To Build Textile Factory In Serbia

Cashmere World To Showcase Latest Trends In Hong Kong The only trade fair specialising in cashmere and fine fibres, Cashmere World, is to be held during March 14-16, 2018 in Hong Kong with a showcase of the latest colours and trends in fine fibres fashion alongside, APLF-Leather & Materials+, the … Read more about Cashmere World To Showcase Latest Trends In Hong Kong

Cotton Demand To Rise In Myanmar As Textile Plants Reopen The demand for cotton in Myanmar is expected to rise and production likely to double with the reopening of government textile factories this year, say traders. Government-owned and private factories have ordered up to 4.08 million kg since … Read more about Cotton Demand To Rise In Myanmar As Textile Plants Reopen

Textiles Business Hit By GST Protests Protests and strikes over the Goods and Services Tax (GST) by small manufacturers and traders have adversely affected the industry. The Indian textiles business has come to a virtual standstill in many parts of the country, following protests and strikes … Read more about Textiles Business Hit By GST Protests

Invista To Use ADN Technology At Joint Project In France Invista, a leading producer of chemical intermediates, polymers, and fibres, and its partner will deploy Invista’s most advanced ADN technology at the Butachimie joint venture in France. Owned by Invista and Solvay, Butachimie is the … Read more about Invista To Use ADN Technology At Joint Project In France

Cotton Inc Appoints First Chief Sustainability Officer Cotton Incorporated, the research and promotion company for the United States cotton producers and importers, has appointed its first chief sustainability officer— Dr Jesse Daystar. Before joining Cotton Incorporated, he held the position of … Read more about Cotton Inc Appoints First Chief Sustainability Officer