06 May 2022, Mumbai:

Marzoli Parent Company Camozzi Group partnered with SECO Group to accelerate growth in Smart Factory Operations.

ALSO READ Marzoli Innovations: Marzoli Super Slub (MSS)

Marzoli is owned by the Camozzi group since 1999.

Our project from Marzoli India " Digi4spin" is taking a lead in the digitalization of the Spinning industry in India with the support and guidance from Camozzi Digital.

The Camozzi Group in the field of industrial IoT, that is, in the sphere of the internet of things that concerns industrial processes, marks a fundamental step.

RELEVANT NEWS ITALIAN TEXTILE MACHINERY: ORDERS GROW AGAIN IN 2021 FOURTH QUARTER

A partnership was signed through the subsidiary Camozzi Digital with Seco, a company listed on Piazza Affari. SECO and Camozzi Digital have signed a partnership agreement aiming to accelerate growth in the global Industrial Internet of Things (IIoT) market.

Camozzi Digital and SECO will jointly focus on more devices to be “smart” and connected, all the companies that will be able to fully realize their digital transformation will have a huge growth opportunity in front of them.

Join our community on Linkedin 

04 May 2022, Mumbai:

ANANT Spinning Mills bags gold award at "5th CII National Level Safety Competition" and is recognized as a gold winner for presenting a case study at the 5th CII- IQ National Safety Competition.

ALSO READ Vardhman Textiles: Q3 FY22 reported

About Anant Spinning Mills (A unit of Vardhman Textiles Limited)

Manufacturer of textile products like acrylic fibre, cotton yarn, blended spun yarns, processed fabrics, synthetic sewing threads, etc.

RELEVANT NEWS

Vardhman Textiles Limited

Vardhman Textiles, a conglomerate is headquartered in Ludhiana

Join our community on Linkedin 

CREDITS: Anant Spinnings Mills (The news article has not been edited by DFU Publications staff)

29 April 2022, Mumbai:

The proposal for an Apparel and Textile Park in Chennai has been announced by the Ministry of Textiles and Handloom Tamilnadu.

ALSO READ: Stalin,Tamil Nadu announces mega textile park

Chennai Apparel Association would like to thank The Hon’ble Chief Minister Thiru M.K. Stalin, Hon’ble Textile Minister Thiru R. Gandhi, and The Principal secretary Thiru D.P. Yadav IAS along with the entire textile Dept. for having accepted our request and proposal.

We would also like to thank The Union MoS for Textile Smt. Darshana V Jardosh and her team assured us of the best support in this regard at the meeting held recently in Chennai.

RELEVANT NEWS Mega textile park likely to come up in Virudhunagar: MOI Thangam Thennarasu, T.N.

Management is sure this move would help the entire industry in the years to come.

Friends, this is just the beginning and we need to collectively put in our best efforts for the development and success of this project.

The Chennai Apparel Association is committed to bringing a revolution in the apparel industry and would put in the best efforts to be “BETTER THAN EVER” We would all witness Chennai as “THE APPAREL CAPITAL OF THE WORLD BY 2030”.

Join our community on Linkedin 

05 May 2022, Mumbai:

Statement from NCTO President and CEO Kim Glas:

ALSO READ  NCTO Welcomes House Passage of America COMPETES Act; Helps Close De Minimis Loophole

“We have long advocated for the 301 penalty tariffs to remain on finished textile and apparel products from China. Not only do they increase the government’s negotiating leverage to address the Chinese government’s serious predatory trade practices that have hurt our domestic manufacturing sector and that of our free trade agreement partners for decades; they also send a strong message to China that the United States is committed to addressing systemic predatory trade practices that have undermined domestic industries and their workers.

For decades, China’s illegal actions have undermined virtually every domestic manufacturing sector and contributed to the direct loss of millions of U.S. jobs.

RELEVANT NEWS NCTO Welcomes Appointment of Jennifer Knight as Deputy Assistant Secretary for Textiles, Consumer Goods and Materials at the U.S. Department of Commerce

These devastating state-sponsored practices, which include intellectual property theft, pervasive state-ownership of manufacturing, industrial subsidies, and abhorrent labor and human rights abuses in the Xinjiang region, have allowed China to dominate the global marketplace, which has had severe ramifications on American workers and our Western Hemisphere trade allies. As sourcing executives seek to de-risk out of China for these products, our sector is experiencing massive investment in the U.S. and Western Hemisphere supply chains.

In fact, we expect approximately $1 billion of investment announced in the United States and Central America this year alone, as penalty tariffs have played a key role in sourcing shifts.

We have long advocated for the tariffs to be maintained on finished textile and apparel products to ensure we address these larger systemic issues that have substantially hurt our manufacturing sector and offshored jobs.

Join our community on Linkedin 

03 May 2022, Mumbai:

National Textile Corporation stares at closure, blowing out 7,200 jobs; govt likely to monetise its land.

National Textile Corporation is likely to be shut down by June 30, 2022.

A letter titled ‘Closure of NTC’ was sent by the Union textile ministry to the Chairman and Managing Director Ashutosh Gupta.

ALSO READ Indian government to sell NTC

In a written reply in March 2022 in Rajya Sabha to CPI MP Binoy Viswam, Minister of State for Textiles Darshana Jardosh mentioned that in mild of continued poor financial viability of NTC mills, the Ministry of Textiles is getting ready a motion plan for the best way ahead on this matter in session with NITI Aayog and Division of Public Enterprises below Ministry of Finance.

RELEVANT NEWS Tamil Nadu trade unions urge for reopening of 'National Textile Corporation (NTC)' mills

The ministry claimed that the staff has been being paid wages and statutory dues as per mutual settlement between the administration and representing the staff of the mill.

In one other response in Lok Sabha in March 2022 to DMK MP S Gnanathiraviam, Jardosh acknowledged that regardless of big funding for modernisation, NTC mills proceed to stay unviable.

Nevertheless, a number of staff state in any other case.

Join our community on Linkedin 

CREDITS: National Herald Techy News Zone (The news article has not been edited by DFU Publications).

29 April 2022, Mumbai:

ECOSENSOR™ by Asahi Kasei Advance launches its new SS 2023 fabric collection at Performance Days.

Sustainability-oriented and technology-based, ECOSENSOR™ fabrics give birth to a smart wardrobe mixing great design and certified responsibility.

ALSO READ Bemberg™ by Asahi Kasei toasts to 90 years of smart style and new “Crafted Elegance” at Première Vision

On the occasion of Performance Days, the Japanese textile manufacturer ECOSENSOR™ by Asahi Kasei Advance presents its SS 2023 collection, made of high-tech fabrics implementing new-generation values, with the aim of keeping nature, body, and mind in harmony.

ECOSENSOR™ presents 40 new references that meet the needs of the contemporary consumer, such as durability, well-being, and performance.

Being capable of combining active climate control, exquisite touch, lightness, and comfort with sustainable values, ECOSENSOR™ stands out as a unique eco-high-tech performance proposition in its market.

RELEVANT NEWS Performance Days: ECOSENSOR™ by Asahi Kasei's Advance SS'23 fabric collection

The collection covers the different market applications with 7 items for INNERWEAR, 2 for OUTERWEAR, 17 for SPORT KNIT and 14 for SPORT WOVEN.

Furthermore, all ECOSENSOR™ fabrics are made with sustainable materials which are certified by international certifications such as GRS, RCS, or self-certification by each yarn supplier, through a traceable and transparent production process and supply chain.

Join our community on Linkedin 

05 May 2022, Mumbai:

Lenzing rides out significant cost pressure to report a solid first quarter.

In the first quarter of 2022, the Lenzing Group, like the entire manufacturing industry, was significantly affected by the extreme developments in global energy and commodity markets.

ALSO READ Lenzing Group: Sustainability Report'21

A predominantly positive market environment and the strategic focus on specialty fibers such as those of the TENCELTM, LENZINGTM ECOVEROTM, and VEOCELTM brands nevertheless ensured a solid revenue and earnings trend, with the effect of higher costs being largely offset.

Revenue grew by 25.7 percent year-on-year to reach EUR 615 mn in the first quarter of 2022, primarily due to continued high demand for wood-based biodegradable specialty fibers and higher fiber prices.

Specialty fibers’ share of fiber revenue currently stands at 73.3 percent. The earnings trend reflects trends in energy, raw materials, and logistics costs, although the company’s continued focus on measures to improve structural earnings in all regions mitigated this negative effect.

RELEVANT NEWS Lenzing: Stephan Sielaff new CEO

Earnings before interest, tax, depreciation, and amortization (EBITDA) decreased by 7 percent year-on-year to EUR 88 mn.

The EBITDA margin reduced from 19.3 to 14.3 percent.

Net profit for the quarter grew by 14.3 percent to EUR 34.1 mn, while earnings per share amounted to EUR 0.87 (compared to EUR 1.06 in the first quarter of 2021).

“Lenzing made a solid start to the 2022 financial year thanks to considerable efforts in an environment of sharply rising costs.

Demand for our wood-based, biodegradable specialty fibers also recorded a positive trend in the first quarter,” notes Stephan Sielaff, Lenzing Group CEO.

Join our community on Linkedin 

02 May 2022, Mumbai:

GOTS marks its 20th anniversary with an all-time high in certified facilities.

GOTS, participating brands, and the Initiative on Global Solidarity (IGS) of GIZ, the Partnership for Sustainable Textiles (PST) intend to launch a pilot project in Bangladesh to engage brands and suppliers in dialogue on gender equality.

ALSO READ The Global Organic Textile Standard (GOTS) : Identifying fraud in India since 2020 but receives no evidence

The goal of this project in Bangladesh is to help brands and suppliers to engage in discourse on gender equality with special attention to issues of gender-based violence and harassment.

GOTS supports gender equality through our strict social criteria and approaches included in our standard.

RELEVANT NEWS GOTS 20th anniversary celebration marks historic accredited facilities

Just like GIZ and PST, it aims at raising awareness, encouraging constant exchange, start dialogue concerning the equal involvement of women and men, as well as girls and boys!

Together, it wants to ensure greater global gender equality in the long term!

Join our community on Linkedin 

CREDITS: GOTS (The news article has not been edited by DFU Publications staff).

28 April 2022, Mumbai:

Century Textiles plans to focus on offering new products after considering retail price points. It also plans to focus on blending manmade fibers and expanding into new markets such as Australia, Saudi Arabia, and Russia.

ALSO READ Century Textiles clocks Rs 54 cr Net Income on Rs 998 cr Revenue in Q2

In Q4 FY22 Century Textiles & Industries’ consolidated net profit increased to Rs 84.43 crore as against a net loss of Rs 4.89 crore in Q4 FY21.

Net sales were up 44.62 percent to Rs 1,186.22 crore during the quarter over Rs 820.21 crore in Q4 FY21. Consolidated EBITDA grew 66.25 percent to Rs 133 crore in Q4 FY22 as against Rs 80 crore in Q4 FY21.

RELEVANT NEWS Century Textiles’ revenues dip by 1.34%

Century Textiles and Industries’ textiles annual turnover grew 54 percent Y-o-Y during Q4 FY22 backed by strong sales growth and improved operational efficiencies.

The company’s capacity utilization reached 97 percent during the quarter as compared to 92 percent in Q4 FY21.

The company also launched home textile products for the domestic market under the brand name 'Hill & Glade'.

Join our community on Linkedin 

04 May 2022, Mumbai:

ITMA 2023, the 19th showcase of the world’s largest textile and garment technology exhibition is on track to occupy 12 halls of the Fiera Milano Rho exhibition complex. The exhibition has drawn an enthusiastic response from leading textile and garment technology manufacturers.

ALSO READ 'ITMA Live series' to feature Innovative Technologies

Over 97% of the exhibition space at ITMA 2023 has been booked.

A total of 1,441 applicants from 42 countries have booked 114,230 net square metre of stand space.

RELEVANT NEWS ITMA 2023: Start-Up Valley

The sector plan spans 12 halls on the ground level, featuring all 20 chapters of the Index of Products, ranging from spinning to finishing, software, logistics, fibres, yarns, and fabrics. The two biggest sectors, finishing and spinning, anchor both ends of the exhibition.

Join our community on Linkedin 

CREDITS: ITMA (The news article has not been edited by DFU Publications staff)

29 April 2022, Mumbai:

Dyechem International

Since 1978, Dyechem International Pvt. Ltd. has been silently touching people's lives with Pigments, Dyes, and Chemicals used in the processing of several industries including Textile, Paper, Jute, and many more.

ALSO READ Garmon Chemicals Introduces Sustainable “Power Saving” Approach

Softness in your t-shirt or the amazing colour of the top you saw at a showroom, chances are it is processed with Dyechem products.

There is an endeavour to add colour to each and every person's life throughout the world. To achieve this endeavour we are constantly engrossed in R&D to achieve the impossible as well as provide meaning to the lives of those who are connected with Dyechem.

Outlining the Foilstarr range of products, with 12 years of research refining the sheen range to replace foil and glitter in every industry with a better and more sustainable product.

RELEVANT NEWS Oeko-Tex: Vipul Organics awarded Certification

Dyechem is Proud to Introduce its Foilstarr range of coatings and sprays, The water-based, Oeko Tex Eco Passport certified coating provides an effect that has never been seen before.

It offers over 250 shades under 6 variants. Our range of metallic colors will change the way metallic printing/coating is done on Textiles. 

The metallic color might just add sparkle and shine to the mundane, conventional print options available in the market

Join our community on Linkedin 

28 April 2022, Mumbai:

Delhi-based sustainability-focused organization, the Centre for Responsible Business (CRB), has released a new report titled ‘Circular Textiles and Apparel in India: Policy Intervention Priorities and Ideas’.

The report is based on secondary and field-level research and engagement with key stakeholders. It makes specific recommendations for incorporating principles of circular economy in the sector.

ALSO READ ABFRL in India and GIZ in Germany have teamed up to improve circular business practises

CRB launched the report to identify priority areas for Circular Economy interventions in the Indian textile and apparel value chain.

The report highlights the potential for the apparel and textile sector and recommends policy interventions to support its growth.

RELATED NEWS Circular economy theme plays out: European nations look at steps to adopt sustainable practices in textile sector

It states, that linking circular economy priorities with social benefits such as fair wages, and good working conditions, augmented by transparency in business practices, may open new business opportunities for the apparel and textile sectors.

RELEVANCE NEWS Puma: circularity and sustainability weigh its strategy

The sector can boost exports by adhering to global norms and voluntary sustainability standards, says the report.

It can also create new jobs by prompting and formalizing activities such as recovery, repurposing, repair, and recycling of garments, managing post-production, and post-consumer textiles waste, etc, it adds.

Join our community on Linkedin