28 July 2022, Mumbai:

Fabrica X relaunches as Innovative Impact Retail Store.

Fabrica X is a go-to Impact Retail Store. In addition to exciting new shopping opportunities, visitors can also enjoy pop-up exhibitions and interactive workshops all under the theme of sustainability. The idea is to inspire visitors to develop a more environmentally conscious lifestyle, and that their decisions on purchase and consumption all matter substantially to the planet we live in.

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Upcycling ocean plastic waste into valuable daily products From July to October, we are bringing the “The Ocean Material Recycling Workshop”, through the experience of using a small recycling machine to convert marine plastic waste into daily necessities, such as flower pots, coasters, etc, we aim to raise public awareness of millions of tons of plastic waste hidden beneath the ocean surface and its impact to the environment and human health.

Where is the plastic from?

Plastics used in the workshop are collected from around Hong Kong from HSBC Clean Waterways Programme’s four zero-emission, solar-powered boats.

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18 July 2022, Mumbai:

Aimed at boosting trade ties between India and the United Arab Emirates, a new industry body The Indo-UAE Economic Chamber of Commerce was launched here on Sunday, officials said.

A memorandum of understanding was signed between MM Gems and Jewellers, and Majestic Investment, United Arab Emirates in this connection, a press release issued on Sunday said.

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According to UAE-based Majestic Investments representative Sheikh Majid Rashid Al Mualla, the trade between the two countries grew to USD 59 billion in 2019 from USD 180 million in the 1970s.

The majority of sectors are focused on increasing trade between the two countries including the services sector, sea transport, power, and construction, among others.

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

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06 July 2022, Mumbai:

Worldwide Shipments of New Textile Machinery 2021 were as High or Higher than Pre-Pandemic.

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In 2021, global shipments of spinning, texturing, weaving, knitting, and finishing machines increased sharply compared to 2020. Deliveries of new short-staple spindles, open-end rotors, and long-staple spindles rose by +110%, +65%, and +44%, respectively.

The number of shipped draw-texturing spindles surged by +177% and deliveries of shuttle-less looms grew by +32%. Shipments of large circular machines improved by +30% and shipped flat knitting machines registered a 109%-growth. The sum of all deliveries in the finishing segment also rose by +52% on average.

These are the main results of the 44th annual International Textile Machinery Shipment Statistics (ITMSS) just released by the International Textile Manufacturers Federation (ITMF). The report covers six segments of textile machinery, namely spinning, draw-texturing, weaving, large circular knitting, flat knitting, and finishing.

A summary of the findings for each category is presented below. The 2021 survey has been compiled in cooperation with more than 200 textile machinery manufacturers representing a comprehensive measure of world production.

Spinning Machinery The total number of shipped short-staple spindles increased by about 4 million units in 2021 to a level of 7.61 million. Most of the new short-staple spindles (90%) were shipped to Asia & Oceania, where delivery increased by +115%.

While levels stayed relatively small, Europe saw shipments increasing by +41% (mainly in Turkey). The six largest investors in the short-staple segment were China, India, Pakistan, Turkey, Uzbekistan, and Bangladesh.

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26 July 2022, Mumbai:

Cotton has been the engine of growth for the Indian Textiles and Apparel Industry that provides jobs to 105 million people including 6.5 million cotton farmers, especially from the rural mass and women folks. 

Realizing the urgent need for enhancing cotton production, productivity, quality, and branding Indian cotton, the Union Textile Minister, Shri Piyush Goyal, constituted a Textile Advisory Group under the Chairmanship of Shri Suresh A Kotak.

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In a joint Press Release issued here today, Mr.T.Rajkumar, Chairman of Confederation of Indian Textile Industry (CITI), Mr.Manojkumar Patodia, Chairman, The Cotton Textiles Export Promotion Council (TEXPROCIL), and Mr.Ravi Sam, Chairman of The Southern India Mills’ Association (SIMA), who attended the stakeholders meeting, have highly appreciated the unstinted efforts constantly taken by the Hon’ble Union Minister of Textiles, Shri Piyush Goyal.

They have said that India has to adopt global best practices to improve cotton productivity and quality and also brand the Indian cotton and textile products for the benefit of all the stakeholders in the cotton textile value chain including the farmers as stated by Shri Piyush Goyal.

They have said that the stakeholders should come together in a mission mode for holistic growth of the cotton textile value chain in India as advised by the Textile Minister.

The strategy to have testing facilities from Farm to Industry and also the production of clean and contamination-free cotton would soon enable the country to brand the Indian cotton and its textile products on par with any other international cotton.

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14 July 2022, Mumbai:

Textile Sector Skill Council (in short TSC) is a non-profit making organisation having a license under Section 8 (1) of the Companies Act, 2013 registered under the Companies Act 2013. Textile Sector Skill Council has been approved by National Skill Development Corporation, set up by Ministry of Finance, Govt. of India.

Reference to the 29th Board Meeting of Textile Sector Skill Council (TSC) held on 01st July 2022. The Board of TSC has approved the following restructuring of TSC staff.

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Dr. J V Rao, Chief Executive Officer has been taken as an advisor to TSC w.e.f. from 15th April 2022.

Dr. Swapna Mishra, Director (C & T) has been promoted to the post of Chief Operating Officer and given additional responsibilities of Officiating CEO w.e.f. 15th April 2022 till a new CEO is appointed.

Dr. Vijay Yadav Director (Operations) has been promoted to Executive Director w.e.f. 15th April 2022.

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20 July 2022, Mumbai:

A company court on July 20 allowed a consortium of lenders, led by Bank of India, to initiate insolvency proceedings against debt-laden Future Retail. The order was pronounced by the Mumbai bench of the National Company Law Tribunal (NCLT).

The two-judge bench of Pradeep Narhari Deshmukh and Shyam Babu Gautam also said that Vijaykumar V Iyer of Deloitte will be appointed as the interim resolution professional of the company.

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The NCLT's order goes against US online retailer Amazon, a shareholder in Future Coupons. Amazon had alleged that the Bank of India’s petition to initiate insolvency proceedings against the Indian retailer was "malicious."

It had also alleged that lenders to Future Retail, including Bank of India, were colluding with Future Retail by initiating the sale of the distressed company’s assets to Reliance Retail.

(Money Control Report)

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13 July 2022, Mumbai:

Textile Fairs India

YARNEX, F&A Show, Denim Expo, ASF, and Homtex are scheduled on 21-23 July 2022 @ Pragati Maidan, New Delhi. 

The FIVE shows will integrate the manufacturers and suppliers of fibers, yarns, apparel fabrics, denim, trims, embellishments, apparel, home textiles, home décor, and services from India and overseas to showcase their merchandise to buyers from across the world.

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Textile Fairs India will bring together scores of domestic and international fashion manufacturers to showcase upcoming trends and provide opportunities for them to network to expand their distribution networks.

Countries including India, Austria, China, Hong Kong, and Japan will take part in the event and showcase textiles such as yarns and fibers, trims and embellishments, and readymade garments.

A special focus will be on sustainable fashion.

Industry professionals will discuss how to make production more environmentally friendly and a dedicated sustainable fashion showcase will shine the spotlight on recycled and upcycled clothing.

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01 July 2022, Mumbai:

New trend and technology report: Mapping of advanced recycling technologies for plastics waste – providers, technologies, and partnerships.

The report aims to clear up this jungle of information by providing a structured, overview and in-depth insight. It focusses on profiling more than 100 available advanced recycling technologies and related providers on 200 pages including 14 figures and one table. Target audiences are the chemical and plastic industry, brands, technology scouts, investors and policy decision-makers.

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Advanced recycling technologies are developing at a fast pace, with new players constantly appearing on the market, from start-ups to chemistry giants and everything in between. New plants are being built, new capacities are being achieved, and new partnerships are established.

Due to these dynamic developments, it is difficult to keep track of recent developments.

The report “Mapping of advanced recycling technologies for plastics waste” aims to clear up this jungle of information by providing a structured, overview and in-depth insight.

It focuses exclusively on profiling available technologies and providers of advanced and especially chemical recycling solutions including new technologies and updated company profiles.

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19 July 2022, Mumbai:

SOURCE FASHION LAUNCHES TO REPLACE PURE ORIGIN From field to fashion, responsibly sourced.

From February 2023, Source Fashion will replace Pure Origin as part of a brand evolution reflecting a new vision for sustainable, ethical, and inspirational material and textile sourcing.

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From raw materials and trims to fabrics and packaging, Pure Origin, which runs alongside Pure London, has brought inspiration to designers and buyers around the world. With an urgent need for retailers to adopt a diversified, transparent, and ethical supply chain, Source Fashion becomes the gateway to UK retail and sets the new standard for how inspiration, collaboration and awareness will shape the future of responsible product sourcing, from the field to fashion.

Source Fashion will debut on the 12th – 14th of February 2023 and is set to be a leading sourcing destination amongst the European buying community.

Connecting buyers and manufacturers and raw material suppliers, Source Fashion will bring its vision to life with new values:

Responsibility

Sustainability

Inspiration

Suzanne Ellingham, Director of Sourcing at Hyve Group said: “We believe that Source Fashion represents an important step change in responsible sourcing that the Fashion community craves.

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