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Lenzing & Renewcell sign supply agreement

07 December 2022, Mumbai

Partnership with a Swedish textile-to-textile recycling company will further increase production of TENCEL™ and LENZING™ ECOVERO™ branded specialty fibers using recycled content.

The Lenzing Group, the world’s leading supplier of sustainably produced specialty fibers, and Renewcell, the Swedish textile-to-textile recycling pioneer, sign a multi-year supply agreement to accelerate the transition of the textile industry from a linear to a circular business model.

 The agreement contains the sale of 80,000 to 100,000 tonnes of Renewcell’s 100 percent recycled textile Circulose® dissolving pulp to Lenzing over a five-year period.

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ITMF: Trident, India joins as Corporate Member

06 December 2022, Mumbai

Abhishek Gupta, Chief of Strategic Marketing said that “joining an international industry
a platform like ITMF is offering access to various statistics, reports, webinars, and meetings
that help explain the short- and long-term dynamics of the global textile industry".

Trident has also diversified beyond home textile products by successfully
diversifying into paper, chemicals, energy, and more.

Dr. Christian Schindler, Director General of ITMF stated that “it is an enrichment for ITMF
and its members that a company like Trident joins ITMF as a Corporate Member."

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Texcon'22 I To be held on 23 Dec in Delhi

01 December 2022, Mumbai

Theme: Capitalizing the Emerging Opportunities to Create a Competitive Textiles & Apparel Sector Dates: Friday, 23 December 2022

| Eros Hotel, New Delhi, India.

Organizer: Confederation of Indian Industry (CII) to conduct the 14th edition of TEXCON, its annual conference on Textiles and Apparel. 


It is on identifying the winning value proposition for India to gain a big share in global textile exports, building a strong sustainability narrative, strengthening India’s textile hubs, and establishing brand India in the global marketplace.


Global Geo-political Shift:

India’s Growth Opportunity

Diversification Of Supply Chain: Opportunity in MMF & Cotton

FTAs – a key driving force for Future Investments

Textile Recycling – Perspectives and Challenges.

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Game-Changing Technologies & Traits for Achieving High Yields & Fine Quality of Cotton

24 November 2022, Mumbai:

2nd edition of the Global Cotton Conference (Hybrid) was held in Hotel The Park, 15, Parliament Street, New Delhi on Wednesday, 23rd November 2022 in New Delhi. 

About CITI

Confederation of Indian Textile Industry (CITI) being one of the leading industry chambers of the textile and clothing sector of India, represents the major leading regional & industry associations and covers the entire textile value chain.

Theme: Global Cotton Conference is “Game-Changing Technologies & Traits for Achieving High Yields and Fine Quality of Cotton”.

Piyush Goyal, Hon’ble Union Minister of Textiles, Commerce & Industry, Consumer Affairs, and Food & Public Distribution was invited to be the Chief Guest and inaugurate the Mega Event.

The Mega Event had four important Sessions covering the cotton value chain as in detail given below:

Game-changing technologies & traits for achieving high yields and fine quality of cotton Revamping of Cotton Breeding Programs for Efficient Use of Genetic Resources under Changing Climate

Cotton Global Raw Material Scenario

Traceability & Circularity.

Sanjay Chawla, Publisher & Editor of DFU Publications was one of the Panelists in Session II “Cotton – Global Raw Material Scenario”.

He made a very forceful presentation sharing his deep trade insights based on his over 35 years of global trade experience driving home points with hard trade data; spanning the global cotton trade, cultivation, pricing dynamics, the US Cotton ban on China, and its impact on the cotton supply-demand situation.

He further stressed that cotton is a commodity and sometimes for political issues decisions are taken which may not assume merit.

He also pinpointedly underlined that the US placed limitations/restrictions on importing some goods from the Chinese province of Xinjiang on September 14 due to concerns about using unlawful and gross human rights violations/cruel forced labor there, and its intent to use this harder and harder and subsequent ally countries following suit have serious implications on the supply chains of major global apparel exporting nations Bangladesh, Vietnam, and nobody including India is spared from its after-effects.

In fact, the harsh reality of the day is that the Indian market is already experiencing and, it has only compounded the problems of India's cotton yarn spinning industry on the back of Chinese tactical cheap offerings leading to unintended & far-reaching consequences.

So China's current status from a net exporter to importer is disturbing the whole global supply chain given that China is already reached a level of around 12,000$ per capita which is absolutely historic, as no country has remained a textile nation reaching beyond 5000$; therefore, it is a matter of time when China starts to vacate more and more space clearly it is a call country like India seriously needs to take grabbing opportunity presenting itself with both hands. The insights really enriched the deliberations.

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Textile & apparel expected to hit $250 bn by 2025-26: FICCI Wazir Report

29 November 2022, Mumbai

FICCI-Wazir Advisors released earlier this week a knowledge report ‘Building a Roadmap for US$ 250 Billion Sustainable Textile Industry’ during the FICCI TAG 2022 Annual Textile Conference.

Global apparel consumption in 2021 is estimated to be around US$ 1.5 trillion and it is estimated to reach US$ 2 trillion by 2025. Global textile and apparel trade is around US$869 bn and expected to grow at 3.5% CAGR to reach US$ 1000 bn by 2025-26.

The report highlighted key global trends impacting the textile and apparel industry, which included a High focus on sustainability and circular fashion, the ‘China+1’ strategy of global brands providing an opportunity for countries like India to increase their export share.

Indian Industry needs to focus on leveraging government support schemes like PLI, PM MITRA, Export incentives, etc.

The report further states that the Indian textile & apparel market is estimated at US$ 153 bn in 2021, with the domestic market constituting US$ 110 bn and exports contributing US$ 43 bn.

The report further suggested that Industry should also focus on automation and digitalization to improve processes and efficiency levels.

While delivering the inaugural address at FICCI TAG 2022, Mr. Ajit Chavan, Secretary, and CEO, of the Textile Committee, Govt of India said that adopting good regulatory practices, and sustainable chemistry, increased focus on quality and compliance issues.

Ms. Lubeina Shahpurwala, Member, of FICCI and Co-Founder, of Mustang Enterprises, said, “Innovation and efficiency will be the key pillars for Indian textile businesses.

Anil Biyani, Executive Director, Damodar Industries, during a panel discussion suggested that the key to achieving the targeted number of 250 billion US$ is to stand on the pillar of Innovation.

Prashant Agarwal, Co-founder of Wazir advisors said that the Industry in confident of achieving the US$ 250 billion target.

Shalendra Vasudeva, CMO, of Indo Rama Industries Ltd exhorted confidence in India meeting the challenges of building a concrete road map for the growth of the textile Industry.

The industry should also align with global buyer needs of sustainability, value chain traceability, and providing end-to-end services.

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Technotex 2023: Curtain Raiser on 5th Dec, Mumbai

03 December 2022, Mumbai

Under the initiative of FICCI, a Curtain Raiser of Technotex 2023 has been scheduled to be presided over by Smt. Darshana Vikram Jardosh, Hon'ble Minister of State for Textiles and Railways, Govt. of India in the presence of Secretary, Textiles, Govt. of India.

TECHNOTEX is India's premier event on Technical Textiles. It is an ideal platform to showcase the true potential and growth opportunities in the Technical Textile sector

This mega event in its 10th Edition will attract the participation of all major stakeholders of the Technical Textile sector.

The international Technical Textiles Exhibition Technotex 2023 is scheduled to be held from 22 - 24 February 2023 at the Bombay Exhibition Centre, Mumbai.

Hon'ble Minister would be releasing the Event Brochure and film on Technotex 2023.

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FICCI: TAG 2022 Conference, Mumbai

21 November 2022, Mumbai:

Theme: Building a Roadmap for USD 250 Billion Sustainable Textile Industry”.

·       Date: Friday, 25th November 2022

·       Time: 9.30 am – 5.00 pm

·       Venue:  Hotel Trident, Nariman Point, Mumbai.

These schemes coupled with strong opportunities in the Global Textile market can strengthen Indian companies in enhancing India’s share in the Global supply chain and double the exports in the next couple of years, providing a focused roadmap to achieve these numbers diligently followed.

Post covid, the sector is witnessing a boost in the demand and is also being supported by the government in form of PLI, MITRA, and TTDS schemes.

The Indian textile sector-An overview

The space is currently valued at US$ 150 billion and contributes around 10 percent of the country's manufacturing, 5 percent of its GDP, and 13 percent of export earnings.

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ITME 2022: Reverse Buyer Seller Meet

02 December 2022, Mumbai

Reverse Buyer Seller Meeting – Jointly Organised with EEPC B2B Meeting Platform to Connect with New Customer Lead From 13 Countries.

Select your meeting time before 3rd December 2022. to ensure that you get meetings at your preferred time slot with your preferred buyers.

Don’t miss India ITME B2B meetings on 9th, 11th & 12th December 2022 at Emerald Room, ITME Square, 2nd Floor.

Note: For a walk-in meeting kindly connect with Ms. Dorothy Fernandes.

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Arvind Limited & PurFi, Global Partnership: A Giant Leap in Textile Circularity

21 November 2022, Mumbai:

Arvind Limited and PurFi Global Partner to Combat Massive Textile Waste Problem in a Giant Leap in Textile Circularity.

Significant transformations across the fashion industry have led to a dramatic rise in “fast fashion.” The textile industry generates more than 64 billion pounds of post-industrial textile waste and 284 billion pounds of post-consumer waste annually. Yet only 12 percent of textiles globally are recycled, and about one percent are upcycled.

“Sustainability and innovation are key pillars of our strategic growth. We have always centered our approach on innovative ideas and sustainable initiatives” highlighted Mr. Punit Lalbhai, Executive Director, Arvind Limited".

“Partnering with PurFi will enable Arvind to expand on our decades-long commitment to extending sustainable practices into every aspect of our business,” affirmed Mr. Ashish Kumar, President & Chief Executive Officer, Arvind Limited".

“Partnering with PurFi will enable Arvind to expand on our decades-long commitment to extending sustainable practices into every aspect of our business,” affirmed Mr. Ashish Kumar, President & Chief Executive Officer, Arvind Limited.

PurFi and Arvind will locate the first in a series of planned fiber rejuvenation facilities near one of Arvind’s manufacturing facilities in India.

The circular economy is being embraced by those who are conscious of their carbon footprint, especially younger generations who want to associate with brands that share their values.

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