07 March 2022, Mumbai:

About Company

Born of humble beginnings in the year 1984, the group today is a business giant with over 10,000 employees. The Group has more than 200,000 spindles and 3000 rotors for producing PV-dyed yarn.

Textile business Sangam India Limited continues in its journey of sustainability to become a leading sustainable business.

The company has taken relentlessly been seen to have taken consistent steps in this direction which more certainly includes increasing its use of clean energy and ameliorating its waste treatment amongst a few other measures.

ALSO READ: Sangam India plans to increase its cotton production capacity

*SIL has already installed 2 Solar power plants of 5 MW that on average help them to bring down their carbon footprint by at least 20% per annum. The company also successfully runs 3 ETPs and 4 STPs to reduce industrial water contamination and reclaim the water for favourable purposes

To begin with, SIL has already installed 2 Solar power plants of 5 MW that on average helps them to bring down their carbon footprint by at least 20% per annum.

The company also successfully runs 3 ETPs (Effluent treatment plant) and 4 STPs (Sewage treatment plant) to reduce industrial water contamination and reclaim the water for favourable purposes.

Going forward, SIL also plans to increase the use of recycled fibre, leading to lesser consumption of plastic waste by using it as a raw material.

RELATED ARTICLE Sangam India's exports increased year over year (YoY)

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CREDITS: HT. 

05 March 2022, Mumbai:

The online event moderated by Prof. Nien Siao was held on 5th, March 2021 and supported by Discussants Duo of Dr. Darlie Koshy and Dr. Vinod Shanbhag, provided thoughtful insight into:

- Context to sustainable practice in the respective textile value chain

- Adoption and adaptation at stage

- Process implementation and challenges

- Measurement of sustainable success

ALSO READ: All things style and sustainability: Riri’s SS 2023 lands in Paris

The speakers' line-up was industry experts as per below

Sreedhar PR, VP KG Fabriks (Denim Division) - Sustainability at KG Fabriks

Gaurav Agarwal, AGM, Aditya Birla Group, Birla Cellulose - Recycled MMCF for Circular Business Model

Manish Bharati, Business Director, International Business Head, Raymond Ltd. - Sustainability at Raymond’s

A very enlightening event sharing industry experts' insight and rich experience.

RELATED ARTICLE: MAS Holdings Announces Company-Wide Sustainability Strategy: Plan for Change

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04 March 2022, Mumbai:

The Confederation of Indian Textile Industry (CITI) is organising the Manmade Fibre Conclave 2022 on Wednesday, 9th March 2022 titled: “US$ 450 billion Global MMF Textiles Trade: Growth Beacon for the Indian Textile Industry” on the virtual platform.

Wazir Advisors is the Knowledge Partner of the Manmade Fibre Conclave 2022. Global trade of textiles and apparel in 2019 stood at US$ 811 bn., out of which MMF products contributed approx. US$ 450 bn (55% share).

So far, India has not been able to seize the opportunities which have surfaced in the MMF Sector of the global arena.

However, in recent times, the Indian textile industry has seen an increasing trend of realization of this opportunity and taken big strides to tap them.

ALSO READ: Dismal cotton arrival, higher prices and inferior quality jitters textile industry – Removal of import duty on cotton is the need of the hour – CITI

The Government of India is also providing conducive policy support to the textile industry in this direction.

The Conclave will have two panel discussions featuring industry leaders – manufacturers, subject experts, technology suppliers and policy makers who will gather and deliberate on the emerging opportunities in the MMF Sector, challenges therein and way forward.

The event will not only offer the participants an opportunity to interact with a very select group of 800-1000 peers from global MMF based textile & clothing industry, but also provide them a platform to brainstorm, share and gain key insights into the present and future of this dynamic sector.

On this spectacular occasion, Shri Piyush Goyal, Hon’ble Union Minister of Textiles, Commerce & Industry, Consumer Affairs and Food & Public Distribution has been invited to be the Chief Guest and virtually inaugurate the mega event.

Smt. Darshana Vikram Jardosh Ji, Hon’ble Minister of State for Textiles and Railways, has been invited to be the Guest of Honour and deliver the Keynote Address in the Inaugural Session.

Further top speakers from across the globe would be participating in the deliberations.

RELATED ARTICLE: Confederation of Indian Textile Industry’s (CITI), Hails Government’s Decision to set up Export Promotion Council for Technical Textiles

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07 March 2022, Mumbai:

Textile exporters may soon get a fresh set of incentives to expand their business in European and other markets, according to proposals being considered at the commerce ministry.

1. EXPORT PROMOTION SCHEMES AVAILABLE FOR TEXTILE SECTOR FIRMS IN INDIA

a) Merchandize Exports from India (MEIS) Scheme

Launched in April 2015, the MEIS provides duty reward to eligible textile and apparel categories to an extent of 2-5% of FOB value in the countries categorized as per the criteria prescribed under the Scheme.

(b) Interest Equalization Scheme

(c) Duty Drawback Scheme

(d) Market Access Initiative (MAI)

ALSO READ: The CII makes suggestions to improve textile and clothing exports

“These incentives, if and when they come, will go a long way in helping Indian textile firms enter the European markets, which currently slap high levy on Indian exports,” a parliamentarian concerned within the dialogue mentioned on situation of anonymity.

New Delhi is against the proposed levy as it would make it harder for Indian corporations to compete in opposition to China and different manufacturing hubs.

RELATED ARTICLE In 2021, India's domestic textile exports would generate US $ 6.68 billion in income

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CREDITS: HT texmin.nic.in India Today. 

04 March 2022, Mumbai:

Automatex, a member of TMAS, the Swedish textile machinery association, has recently supplied a number of its latest Industry 4.0-enabled automatic fitted sheet systems to customers in Europe.

“Everybody is looking to automate right now, and not in the huge factories of the past, but with more compact and precisely targeted operations,” said Chuck de Sousa, the company’s head of business development.

“It’s happening in Europe and beginning to snowball for us in the USA too. Our system provides companies with highly streamlined, just-in-time, and sustainable production close to their customers.”

ALSO  READ: ITALIAN TEXTILE MACHINERY: ORDERS GROW AGAIN IN 2021 FOURTH QUARTER

The Automatex model FDC-77735-B90D-EC system enables the full production and folding of six fully-fitted sheets per minute – approaching 3,000 an average shift – overseen by a single operator and eliminating many of the repetitive cut and sew operations of the past.

Elastics insertion – usually a highly complex labor-intensive task – can be on all four sides of the sheet, two, or simply within the corners, depending on customer specifications.

Fabric is fed directly from the roll, with precise edge guiding and tension control, into a length-wise hemming and elastics insertion section with adjustable tension devices, before being measured and cross-cut in an accumulator.

It is then transferred to the cross hemming section, again with elastics insertion. A side drop forming unit pre-forms the sheet before it is transported by a multi-axis clamp conveyor system to the corner sewing section, consisting of left and right overlock sewing heads.

RELATED ARTICLE: Textile Machinery Manufacturing encouragement scheme in the making

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04 March 2022, Mumbai:

According to the company's news release. "We are convinced that Lässer will lead the industry to long-term success with the newly merged knowledge." 

"With this step, we feel we have found the greatest option for both our customers and staff," said Saurer Intelligent Technology AG's Anton Kehl, adding, "While this choice was not easy for us, we are optimistic about the future of the shuttle embroidery market in this new configuration."

Lässer has its headquarters and manufacturing facilities in Diepoldsau, as well as 12 other locations across the world, including Turkey, India, and Thailand.

ALSO READ: Saurer hires new CEO, Uwe Rondé

"As a proud Swiss firm, it made sense for us to join forces with another well-known name in the industry," Franz Lässer, Co-owner, and Chairman of the Board of Directors of Lässer Holding AG, said.

We are combining almost two centuries of experience with this move, and we look forward to continuing to amaze our clients throughout the world with creative advances."

RELATED ARTICLE: ITALIAN TEXTILE MACHINERY: ORDERS GROW AGAIN IN 2021 FOURTH QUARTER

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*CREDITS: Innovationintextile & Apparel Resources.

05 March 2022, Mumbai:

The sustainability report 'Pioneering a Sustainable Future: Accelerating Our Journey' was released by Coats, the world leader in thread manufacture. The 56-page report outlines the company's progress toward its sustainability plan, which was introduced in 2019.

The research also emphasizes Coats' significance to the Sustainable Development Goals (SDGs), as well as its possibilities and obligations in relation to SDGs. Coats achieved a 22% decrease in water consumption and a 6.9% reduction in kWh per kilogramme of output in 2021, compared to a target of 7% by the end of 2022.

In addition, 82 per cent of its effluent complied with ZDHC, compared to a goal of 100 per cent by the end of 2022.

According to the study, 83 per cent of workers worked in an approved 'Great Place To Work,' exceeding the aim of 80 per cent. In addition, by 2021, the thread behemoth has reduced waste by 3%. Furthermore, recycled materials accounted for 19% of the company's premium polyester thread sales.

ALSO READ: Coats is scaling up its circular solution: Cooperation at the garment design stage is the way to go

The company said in a statement that the 2021 Sustainability Report outlines its social impact ambitions, which include maintaining a workplace free of discrimination, where every single employee feels respected and is treated fairly and equally, striving for gender parity in all managerial roles, and achieving higher than local labour market representation for all other under-represented communities at Coats' locations.

"I am happy with the significant progress we made in 2021 toward achieving our environmental goals." When we meet our 2022 goals, our commitment to sustainability does not cease.

"There is a long way to go as an industry, and Coats has long-term objectives to guarantee it will be at the forefront of pioneering a sustainable future," said Rajiv Sharma, the company's Group Chief Executive.

The study also describes how the corporation plans to meet its lofty 2030 goals. According to the company, renewable energy will account for 70% of world energy consumption, and all of its goods will be manufactured without the need for new oil-extraction resources.

According to the survey, 83 per cent of employees worked in a certified 'Great Place To Work,' exceeding the target of 80 per cent. Furthermore, by 2021, the thread behemoth will have cut waste by 3%.

Furthermore, recycled materials accounted for 19% of premium polyester thread sales at the firm.

The company's social impact ambitions are outlined in the 2021 Sustainability Report, which include maintaining a discrimination-free workplace where every single employee feels respected and is treated fairly and equally, striving for gender parity in all managerial roles, and achieving higher than local labour market representation for all other under-represented communities at Coats' locations, according to a statement.

RELATED ARTICLE Azim Group Increases Planning Efficiency by 15% with Coats Digital’s FastReactPlan

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CREDITS: Coats & Apparel Resources.

04 March 2022, Mumbai:

The Lenzing Hub’-

Designed for easy access to the latest solutions in TENCEL™ lyocell and modal fibers, LENZING™ ECOVERO™ viscose fibers as well as carbon-zero TENCEL™ fibers.

The hub will serve as a nerve center for textile manufacturers and traders located in Gujarat and neighboring states, allowing them easy access to Lenzing’s supply chain and product solutions.

The initiative will fortify Lenzing Group’s presence within India’s textile capital and link the supply chain and brands looking to adapt sustainable fibers that are needed of the hour.

Commenting on the launch, Mr. S. Jayaraman, Senior Commercial Director, Asia Middle East Africa & North East Asia, Lenzing Group said, “Lenzing Group is pleased to strengthen its presence in India and Gujarat was a natural choice for opening our second ‘Lenzing Hub’.

ALSO READ Lenzing: Comes up with global lyocell facility

India being the world’s second-largest textile manufacturing country, Gujarat contributes a lion’s share to the country’s textile sector. The state is a leader in denims with 56% share and accounts for 38% of manmade filament fabric production*.

Our products are trusted for their comfort and aesthetics, and we want to bring our pioneering technology in sustainability, innovation, and excellence closer to our long-standing customers.

As global pioneers in sustainable fashion practices, our Surat hub marks an important milestone in the Indian market, as we work to build direct connections and create an incredible demand from this region.” Located in Udhana Darwaza of Surat, the hub is spread across 850 sq. feet and is equipped with a team of commercial and technical experts.

The hub will display Lenzing Group’s specialty fibers solutions, it will house the products and innovations created using TENCELTM branded lyocell and modal fibers, LENZINGTM ECOVEROTM specialty viscose fibers, and carbon-zero TENCELTM branded fibers to attract both buyers and supply chain experts.

RELATED ARTICLE: HIGH FASHION GROUP RECEIVED AWARD FROM THE LENZING GROUP REAFFIRMED ITS POSITION AS A SUSTAINABILITY LEADER!

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03 March 2022, Mumbai:

Lenders to bankrupt textiles business Sintex have asked applicants Reliance Industries and Assets Care & Reconstruction Enterprise (ACRE) to submit an improved offer by March 2.

The Reliance-ACRE team is one of four applicants which submitted draft resolution plans for Sintex Industries. The current offer from RIL-ACRE equates to a recovery rate of 36 percent for lenders.

However, it excludes the 15 percent equity stake of the Sintex. The lenders will negotiate to try and increase their recovery rate in the deal.

ALSO READ Sintex Inds: Lenders look for improved offer

The second bid offered by the RIL-ACRE team for Sintex was more than a 10 percent equity stake offered by the team in its previous resolution plan.

The business offered Rs 3,405 crore including Rs 2,700 crore as an upfront payment to lenders and a 15 percent equity stake to be paid upon the conversion of Rs 171 crore of debt into equity.

Lenders hope to receive an offer exceeding the liquidation value of Sintex.

RELATED ARTICLE: Bidders for the textile company Sintex have submitted amended resolution plans

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05 March 2022, Mumbai:

Shima Seiki USA, a subsidiary of Shima Seiki Mfg. Ltd., a major Japanese flat knitting machine manufacturer, has announced plans for a new factory in New Jersey. Shima Seiki USA announced the announcement in its monthly email, saying, "After much searching and careful consideration of our alternatives, we are now ready to announce our New Jersey office address, beginning February 1, 2022."

Shima Seiki USA moved its US headquarters from Monroe, New Jersey to Los Angeles in December of last year; yet, the firm wishes to keep its presence in the Northeast to continue serving its clients on the East Coast.

ALSO READ Shima Seiki: Q3 of FY ’21 results

"The administrative work, machine maintenance, and training will be the primary functions of this new institution." Furthermore, we will have a huge warehouse area to hold equipment, allowing us to swiftly turn around and deliver machines to our clients," Shima Seiki USA explains.

The total facility is currently being finalized by Shima Seiki's US division, and further information is pending.

RELATED ARTICLE JUKI: Introduces computer-controlled buttonholing indexer

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CREDITS: Knittingindustry.com & Apparel Resources.

04 March 2022, Mumbai:

Global composite manufacturer, Propex Furnishing Solutions, has entered into an agreement with Ocean State Innovations’ division, 1947 LLC Inc., for the exclusive distribution and sale of Curv® Tactical composite material in North America.

The partnership formalizes both parties' commitment to providing advanced material innovation to North American tactical gear consumers and manufacturers alike.

Ben Galpen, Co-Founder of 1947 LLC and Co-Owner of Ocean State Innovations, said “Our partnerships and innovations are driven by the tactical industry’s demand to improve existing items.

We strive to meet this on a global level.” Advancements in single polymer composite technology have led to the development of Curv® — a self-reinforced composite material that does not require thermoset resin, glass or any other support structure to maintain its strength or impact resistance.

ALSO READ: Nominations for Annual Sewn Reshoring Award announced

About Ocean State Innovations

Founded in 1913 as Brand and Oppenheimer Company, Inc. ("B&O") as a supplier of garment linings, the company celebrates a rich history in the textile industry. In October 2011, Praesidian Capital became an investor. In 2014 Brand & Oppenheimer acquired Performance Textiles, a US textiles supplier.

In 2015 B&O entered into an equity partnership with 1947 LLC’s management team; Ed Ricci, Ben Galpen, and Bryan Boulis, all industry experts with over 100 years of combined experience.

The 1947 LLC Management team has grown the business through organic sales, strategic partnerships, and acquisitions. In 2017 B&O acquired the assets of Cutting Edge TexStyles, a global supplier of Bindings, Trims and Piece Goods.

RELATED ARTICLE: Sourcing at MAGIC: Executive Director, Will Duncan, Presents

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03 March 2022, Mumbai:

State industries minister Syed Shahnawaz Hussain on Wednesday said the state government will soon come up with a new textile policy to promote manufacturing and trade in the sector.

Addressing the annual meeting of Confederation of Indian Industry (CII) here, Shahnawaz said the textile sector in Bihar has immense potential.

He also claimed that the state has received industrial investment proposals worth Rs 40,000crore in the last year and many big industrial units will be launched here in the next two months.

ALSO READ: Maharashtra will shortly release a new textile policy

“Bihar received the highest number of investment proposals in India during the Covid-19 pandemic. We will also inaugurate the Begusarai Pepsi Plant set up by Varun Beverages in the first week of April, which will be the fastest production plant set up in a record time in the history of Pepsi,” Shahnawaz said.

He added: “Bihar's greatest strength is it’s skilled workers, who work all over the country. Where there are workers, there are factories. Therefore, we are planning to develop more factories in the state for them to work.”

The theme of this year’s CII’s Bihar annual Meeting was ‘Advantage Bihar- Sankalp Se Sidhhi: Bihar @75’.

RELATED ARTICLE: Reliance Retail, The fashion and lifestyle division: Achieves its greatest quarterly revenue ever

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*CREDITS: TOI.