There are numerous changes that the textile industry is continually undergoing. From new discoveries, technology evolutions, to government policies and more. Keeping a track of these industry-related events, Resil brings you a consolidated list of occurances that make a difference:

A joint strategy with Argentina

India has forged a joint strategy with Argentina in the textile sector, in order to strengthen the mutual assistance between the two countries. According to the strategy, both countries will reinforce their mutual support in technology used in the textile industry.

Towards this, the Secretary of Industry and Trade of Argentina, Eduardo Bianchi, and the Secretary in the Textile Ministry, India, Rita Menon, revealed that the countries seek to form alliances in the field of textile production and textile trade.

Textile parks invite investment

Forty government-sanctioned textile parks, across nine states, have attracted investment worth Rs 3,500 crore. In addition, these parks have also generated close to fifteen thousand jobs, stated Panabaka Lakshmi, the Minister of State for Textiles.

The parks were sanctioned under the SITP scheme, by the ministry of textiles. The states playing host to these parks are Andhra Pradesh, Gujarat, Karnataka, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, Tamil Nadu, and West Bengal.

Crack-down on cotton exports

Post the Indian government's decision to make 5.5 million bales of cotton available for export from the beginning of this month, the textile industry has called for a crack-down on cotton exports. The government's decision has been criticised by the Confederation of Indian Textile Industry (CITI) for creating an artificial shortage of the fibre for domestic spinning mills.

CITI has urged the government not to make any more raw cotton available for export markets during the year. It has also suggested that if any of this cotton has not been shipped by December 15, 2010, it should not be released for shipment or fresh registration for at least two months. The hope is that by then the amount of cotton arriving in the market will have picked up.

Thumbs-up for technical textiles in Gujarat

The government of Gujarat focussed on technical textiles, in a big way, in the Vibrant Gujarat Global Investors' Summit (VGGIS) 2011 event. Technical textiles constitute numerous end-user applications and are an emerging investment area in India. As a result, the production of technical textiles is steadily increasing in the country, and it is predicted to be worth $12-15 billion - 12 per cent of the global value - by 2012.

As a run-up to the summit, the state government held a seminar on technical textiles along with the Confederation of Indian Industry (CII) with support from the Industrial Extension Bureau (iNDEXTb), Ahmedabad Textile Industries Research Association (ATIRA), and Man Made Textile Research Association (MANTRA).

The seminar brought together relevant government agencies, private sector players, and external consultants and advisors to deliberate over the current status as well as the scope of future development and investment opportunities in the technical textiles sector in Gujarat. The seminar was attended by participants from international and national companies such as Gherzi Eastern Ltd, DuPont, Lenzing Fibres, and Arvind Mills, with top officials discussing the growth and opportunities in technical textiles.

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