20 April 2022, Mumbai:

Sympatex joins Performance Days Munich.

On April 27th – 28th 2022, the textile industry is coming together at Performance Days Munich.

The trade fair will introduce the latest trends and innovations in the world of textiles, yarns, finishes, and accessories for functional sportswear, workwear, sports fashion, and athleisure at the area „Messe München“.

ALSO READ REEBOK: ZIG DYNAMICA 3 SHOES

In Hall C1, Booth C20, Sympatex is representing its latest products that already correspond to the future binding, the sustainable textile strategy of the European Commission.

Performance Days 2022 will be particularly interesting.

It is the first fair dedicated to textile sourcing that takes place after the European Commission published its "Circular Economy Action Plan" in March 2022.

RELATED NEWS PERFORMANCE DAYS MUNICH SCHEDULED TO TAKE PLACE ON December 1-2, 2021 IS CANCELLED!

More than ever, designers and material managers will be on the lookout for sustainable innovations that comply with the future binding regulations, concerning any requirements of a circular economy.

General manager and jury member Marco Weichert: “An astonishing number of sustainable fabrics impressed again for the summer 2024 season.

Performance Days is the place for designers, product, purchasing, and material managers interested in the latest trends and innovations in the textile industry.

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19 April 2022, Mumbai:

Vishal Fabrics plans to add another facility to manufacture 10 million meters of denim fabrics per annum in H2FY23.

The company recently added another facility to manufacture 10 million meters of denim fabrics per annum.

ALSO READ Vishal Fabrics continues to focus on 'Quality & Innovation'

Currently, it has eight denim manufacturing facilities with an annual capacity of 80 million meters per annum.

The two new facilities will boost the annual capacity to 100 million meters per annum at Dholi Unit.

Total investment in this project will be Rs 30 crore and funded by internal accruals.

RELATED NEWS The sale of finish textiles at Vishal Fabrics Limited (India) goes up

It will ramp up the production of denim fabric without incurring any additional costs for any other process/machinery.

The two new facilities will also help Vishal Fabrics to cater to domestic and export demand for denim fabrics. Brijmohan Chiripal, Managing Director says, these investments will lay the groundwork for the company's next phase of expansion.

They will enhance its market reach and grow its share in the global denim segment, he adds.

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18 April 2022, Mumbai:

Fresh strike on inverted textile duty.

Finance ministry officials said the inverted duty structure in textile was deferred at the last meeting and would be taken up at the forthcoming meeting.

ALSO READ Nirmala Sitharaman (FM) dismisses 'Textiles Ministry Proposal' to defer GST rates hike

The GST Council plans to take up the vexed issue of inverted duties on textiles at its meeting likely later this month.

In December, the council had dropped plans to hike the GST rates for most textile products in the man-made fibre value chain to 12 percent from 5 percent amid protests from the industry in Gujarat and other states.

RELATED NEWS Nirmala Sitharaman (FM) dismisses 'Textiles Ministry Proposal' to defer GST rates hike

Finance ministry officials said the inverted duty structure in textile was deferred at the last meeting and would be taken up at the forthcoming meeting.

But the textile duty hike faced stiff opposition from the industry.

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

19 April 2022, Mumbai:

Sanjay Garg, President, of NITMA has lauded the government’s move to withdraw customs duty on cotton imports till September 30, 2022.

The exemption will not only benefit India’s textile chain - yarn, fabric, garments, and made-ups but also help lower the prices for end-user and provide a boost to textile exports, he said.

ALSO READ The Northern India Textile Mills' Association (NITMA) welcomes Union Budget 2022-23

MukeshTyagi, Sr Vice President, NITMA also welcomed the move saying, Cotton is important to enhance India’s competitiveness in the global textile trade and the government should introduce a comprehensive Cotton Fibre Policy.

RELATED NEWS NITMA: Level playing field for domestic Polyester Spun Yarn ( PSY ) producers

Tyagi also advocated for the permanent removal of the import duty with the arrival of shipments only from April to September, each year.

This will help the Textile Ministry increase the industry size to $100 billion by 2030, he said.

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19 April 2022, Mumbai:

Pratibha Syntex Ltd (PSL), a leader in sustainable textile manufacturing has been recognized twice last week for inclusive initiatives.

The industry has been feted by FMPCCI as the Recruiter of the Year Award and CITI’s Birla Economic & Textile Research Foundation Award for sustainable and innovative manufacturing in textile mills.

ALSO READ Venkaiah Naidu inaugurates CITI-CDRA Golden Jubilee Celebrations

Birla Economic & Textile Research Foundation Awards to be conferred upon by the Hon’ble Minister of State for Textiles & Railways, Smt. Darshana Vikram Jardosh.

2020-21: “Sustainable and Innovative Manufacturing in Textile Mills”

Awardee – Pratibha Syntex Ltd.

During the golden jubilee celebration of CITI CDRA held in New Delhi on April 12, 2022.

Notably, Pratibha Syntex had entered into collaboration with Good Fashion Fund for the replacement and expansion of their spinning, processing, and garmenting divisions. The new machines are energy and water-efficient.

RELATED NEWS CITI-CDRA Golden Jubilee Celebrations

Recently the effluent treatment plant has also been converted into a biological process, reducing landfill waste by 85%. Rooftop solar panels of 2.4 MW have also been installed and another 4 MW is underway.

Felicitating the drive to empower people, the Federation of Madhya Pradesh Chamber of Commerce and Industry presented the recruiter of the year award on April 10, 2022, during a program held at Bhopal.

Honorable Governor of Madhya Pradesh Shri Mangubhai Patel presented the award to Mr. H S Jha Vice President HR, Pratibha Syntex Ltd. “I am humbled by the recognition and awards are a reflection that we are on right track.

Sustainability has always been at the core of who we are and the entire team is galvanized” said Mr. Chaudhary.

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CREDITS: CITI Textile Value Chain (The news article has not been edited by DFU Publications staff)

19 April 2022, Mumbai:

In its Q4 FY2022, Alok Industries’ net loss surged 29.633 percent to Rs -26.76 crore as against Rs -0.09 crore in the Q3 FY22 ended December 31, 2021.

ALSO READ Vishal Fabrics plans to add another facility

Income declined 5.18 percent to Rs. 2,031.44 crore during the period ended March 31, 2022, compared to Rs 2,142.47 crore during the period ended December 31, 2021.

Alok Industries’ net loss increased by 94.65 percent to Rs.-26.76 crores for the period ended March 31, 2022, as against the net loss of Rs.-500.11 crore for the period ended March 31, 2021.

RELATED NEWS Gimatex expands by opening 2 new manufacturing facilities

On the other hand, net income increased 37.39 percent to Rs 2,031.44 crore during the period ended March 31, 2022, as compared to Rs.1,478.63 crore during the period ended March 31, 2021.

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CREDITS: As per an Equity bulls report.

19 April 2022, Mumbai:

ZDHC is a multi-stakeholder organisation comprising over 170 contributors from across the industry including Brands, Suppliers, Chemical Suppliers, and Solution Providers.

The Roadmap to Zero Programme, by ZDHC, leads the fashion industry to eliminate harmful chemicals from its global supply chain by building the foundation for more sustainable manufacturing to protect workers, consumers, and its planet’s ecosystems. 

ALSO READ ZDHC Annual Event 2021– ‘Roadmap to Zero Program’ gets overwhelming response

ZDHC South Asia Region is proud to announce its third Regional Conference on 29 April 2022 at The Lalit Hotel, Sahar Road, Andheri East, Mumbai, India!

Registrations for the aforementioned have crossed 200 delegates for in-person participation and 25 for virtual access, as of today.

A good mix of brands representatives, textile companies, chemical manufacturers, service providers, industry associations, and academia are participating in the conference that will deliberate on how we move together to create a better planet through the implementation of sound chemical management practices in textile and leather production.

RELATED NEWS Imagining Sustainable Fashion Award 2022: Winner Announcement

One of the key highlights of the conference in a session on INNOVATIONS where we have:
1. Dr Ajay Ranka of Zydex presenting on sustainable chemistry
2. Dr Swapneshu Baser of Deven Supercriticals presenting on how waterless dyeing through supercritical CO2 can be made a reality to dye polyester and cellulosic fabrics
3. Chetan Bhangale of Arvind Ltd presenting on practical innovations in process optimisation, resource efficiency, and green chemistry in a textile dye house
4. Dr Nupur Bahadur, Head of NMCG-TERI Centre of Excellence for water reuse presenting on TADOX as a sustainable technology option to achieve ZDHC, ZLD and Water Reuse compliance.

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

16 April 2022, Mumbai:

Officina39 will be present at Kingpins Show in Sugarcity - Amsterdam on April 20t-21.

Discover the TRUSTAINABLE™ COLLECTION FW 23, “Inspiring solutions exploring chemistry plus creativity” and many other highlights.

ALSO READ Kingpins NY Show back on July 20-21,2022

Feel free to contact us to fix a rendezvous:

Officina+39 has just renovated its brand's look, but you will recognize the same, revolutionary attitude!

RELATED NEWS KINGPINS SHOW PLANS NEXT PHYSICAL EVENT IN AMSTERDAM

Kingpins is just the starting point of a colorful journey that will continue at Amsterdam Denim Days on April 22-23: follow our trail to discover the paradigmatic project Circular Explorations - Recipe for Change, Cocircular Lab. and Adriana Galijasevic x Officina39.

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19 April 2022, Mumbai:

On its 25th anniversary, textile manufacturer, Gimatex has expanded by opening two new manufacturing facilities, namely the 10 TPD Open End Unit at Wani and the 25 TPD Spinning Unit at its Hinganghat Integrated Textile Park.

The Mohota Group company also launched a premium e-commerce apparel brand ‘Minus One’ at the event during the occasion.

ALSO READ Vishal Fabrics plans to add another facility

The new Open End Unit at Wani manufactures recycled fibre based fabrics while the spinning facility at the Hinganghat Integrated Textile Park adds 32,000 spindles to the existing capacity of 1,68,000 spindles.

Combined, these new units create additional employment for 500 people.

RELATED NEWS Vishal Fabrics continues to focus on 'Quality & Innovation'

Gimatex’s new apparel brand Minus One Gimatex adds tremendous value to the cotton lifecycle.

The brand uses only Vidharbha cotton in its products to support local farmers and alleviate their difficulties.

It has committed to contribute Rs 25 per piece of its sale of the Minus One Apparel to the welfare of the cotton community.

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18 April 2022, Mumbai:

Monte Carlo Fashions Ltd, Arvind Ltd, Trident Ltd, and Kimberly Clark India Pvt. Ltd are among 61 Indian textiles companies that have qualified for the government’s ambitious production-linked incentive (PLI) scheme for the sector. 

ALSO READ The deadline for applying for the PLI scheme has been extended once more

The Union Government today (Apr 14) said it has approved 61 applications with an investment potential of over Rs 19,000 crore under the production linked incentive (PLI) scheme for textiles.

Textile Secretary U P Singh said that a total of 67 proposals were received under the PLI scheme for the textiles sector.

RELATED NEWS Production Linked Incentive (PLI) Scheme for Textiles: Operational guidelines issued

A total of 67 companies had applied for the incentives scheme.

The government had approved the PLI scheme for Textiles products like MMF apparel, MMF fabrics and products of technical textiles for enhancing manufacturing capabilities and boosting exports with an approved financial outlay of Rs 10,683 crore over a five-year period.

Out of 67 applications, 15 were received under Part-1 and 52 under Part-2, the official said.

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CREDITS: TOI Mint Dhansutra Swarajyamag (The news article has not been edited by DFU Publications staff)

15 April 2022, Mumbai:

The government on Thursday said it has approved 61 applications of companies, including Ginni Filaments, Kimberly Clark India, and Arvind, with an investment potential of over Rs 19,000 crore under the production-linked incentive (PLI) scheme for textiles.

ALSO READ The deadline for applying for the PLI scheme has been extended once more

Textile secretary U P Singh said that a total of 67. proposals were received under the PLI scheme for the textiles sector.

RELATED NEWS Production Linked Incentive (PLI) Scheme for Textiles: Operational guidelines issued

The government had approved the PLI scheme for textiles products like MMF (man-made fibre) apparel, MMF fabrics, and products of technical textiles. 

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CREDITS: PTI & ET Dt 15-04-2022 (The news article has not been edited by DFU Publications staff).