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International Conference on Technical Textiles at Chennai

International Conference on Technical Textiles at Chennai

Technical Textiles are textile materials and products that are manufactured primarily for their performance and functional properties rather than for their aesthetic or decorative qualities. They are a multidisciplinary field with a wide range of end-use applications. Technical Textiles employ nearly 60 lakh people and account for approximately 13% of India's total textile and apparel market, contributing 0.7% to India's GDP.

The US ban on China's textiles affects Indian textiles

The US ban on China's textiles affects Indian textiles

1. The US ban on textiles originating from the Xinjiang province of China.
 
2. The Indian market will get disturbed when cheap Chinese textile products enter to our market.
 
3. Indian cotton has been least expensive until September 2021, when Indian in addition to international cotton costs began rising.
Textile stock jumps

Textile stock jumps

S.P. Apparels Ltd on Wednesday (21-09-2022) announced that its board has approved a share buyback of 6 lakh shares at ₹585 apiece.

Note: A share buyback, also known as a share repurchase, is a corporate action to buy back its own outstanding shares from its existing shareholders usually at a premium to the prevailing market price. It can be an alternative tax-efficient way to return money to shareholders. Share buybacks reduce the number of shares in circulation, which can increase the share value and the earnings per share (EPS).

Telangana govt to distribute 1 crore Bathukamma sarees

Telangana govt to distribute 1 crore Bathukamma sarees

Telangana State’s Textiles and Handlooms Minister KT Rama Rao said the State government launched the initiative in 2017 with a noble twin goal to support weavers, and to present a small gift to women.

Minister KTR said that this year, the Textiles department has prepared a total of 240 types of thread bordered 100% polyester filament yarn sarees using 24 designs, and 10 attractive colours .

Vietnam's textile & garment exports Increase in 2022.

Vietnam's textile & garment exports Increase in 2022.

Vietnam earned $26.284 billion from textile and garment exports in the first eight months and Yarn exports were $3.452 billion in 2022. Garment export was an increase by 24.3 percent over the same period of last year.

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