Textile Industry News & Updates | Latest Market Trends | 30 Oct 2024

Textile Sphere News Roundup - October 30, 2024

1. Erode’s Textile Markets Thrive with Deepavali Rush

Ahead of the Deepavali festival, Erode’s weekly textile markets experienced a surge in activity as thousands of shops across Ashokapuram, Eswaran Kovil Street, Thiruvenkatasamy Street, and other hotspots drew both wholesalers and retailers from within Tamil Nadu and beyond. With over 3,000 shops offering a diverse selection of goods—including saris, dhotis, bedspreads, and ready-made garments sourced from textile hubs like Tiruppur, Surat, and Mumbai—the market streets were abuzz. Shoppers flooded the area, sparking significant traffic disruptions amid temporary stalls, as last-minute buyers seized affordable deals for the festive season. (Read More)

2. Uzbekistan Looks to Expand Textile Trade with India

Uzbekistan is actively working to strengthen its textile exports to India, as highlighted in a recent meeting between Uzbek Ambassador Sardor Rustamboyev and India’s Union Minister of State for Textiles, Pabitra Margherita. Focusing on expanding the reach of Uzbek knitwear and textile goods, discussions also centered on leveraging Bharat Tex 2025 as a platform to showcase Uzbekistan’s advancements in textile manufacturing. Rustamboyev emphasized Uzbekistan’s dedication to high-tech, sustainable textile production, marking a promising step toward deeper trade ties with India’s textile industry.(Read More)

3. Japan’s Sustainable Textile Decolourisation Technology

In a significant breakthrough for sustainable textiles, researchers from Japan’s University of Fukui have developed a revolutionary decolourisation technique using supercritical carbon dioxide, achieving over 90% dye removal from fabrics. This method allows both dyes and fabrics to be reused, creating potential for a fully circular textile model that minimizes environmental impact. The new process is particularly effective on polyester fabrics, offering a greener alternative to traditional dyeing and waste disposal practices. With hopes to commercialize this technology, researchers aim to transform the textile industry’s current 'make, use, dispose' approach into a ‘make, use, and reuse’ model that significantly reduces textile waste. (Read More)

4. Telangana Minister Pushes for Timely Cotton Procurement

In Siddipet, Telangana’s Transport and BC Welfare Minister, Ponnam Prabhakar, urged state and union ministers to expedite the opening of all 322 Cotton Corporation of India (CCI) purchasing centres to support local farmers. The delay in procurement has caused frustration among cotton growers, who depend on these centres for fair market access. Addressing farmers at a new CCI centre in Husnabad, the minister emphasized the importance of efficient weighing methods, encouraging farmers to dry their cotton to optimal moisture levels before bringing it to market. This push aims to smoothen the procurement process, providing much-needed relief to Telangana’s cotton farmers. (Read More)

Post a Comment

0 Comments