The future for the Indian textile industry looks promising, buoyed by both strong domestic consumption as well as export demand as China is drifting away from textile manufacturing activities. With consumerism and disposable income on the rise, the retail sector has experienced a rapid growth in the past decade with the entry of several international players like Marks & Spencer, Guess and Next into the Indian market.
The growth of Indian economy will be driven by strong domestic demand and increased focus on export markets in future, according to a survey conducted…+ More
There is an immense opportunity in technical textiles sector. It is estimated that the domestic market is likely to reach at Rs. 2,00,823 crore by…+ More
Assures them that their investments would be safe and secure in India Prime Minister Narendra Modi assured global investors on Friday that their investments in…+ More
Volatility in crude oil prices has hit synthetic textile manufacturers hard, with a frequent change in buying behaviour observed for both the raw material and…+ More
Scientists have devised an innovative technique that could be used to incorporate batteries, wireless devices and sensors into fabrics like paper and cotton textiles. The…+ More
Lack of understanding in choosing the right technology solution and low impact on overall profitability are among the key challenges in adoption of technologies among…+ More