INTERNATIONAL
NATIONAL
The Centre on Friday came out with Foreign Trade Policy (FTP) 2023 seeking to boost the country's exports amid slowing global trade. The Centre has outlined the vision to take India's goods and services export to $2 trillion by 2030 by shifting from incentives to remission and entitlement-based regime. The Minister for Commerce and Industry Piyush Goyal unveiled FTP 2023 which will come into effect from April 1, 2023. Santosh Sarangi, director general of foreign trade (DGFT) said that, unlike the earlier practice of announcing five-year FTP, the latest policy has no end date and will be updated as and when needed. Sarangi also said India is likely to end this financial year (FY23) with total exports of $760-770 billion as against $676 billion in FY22. In 2023, the World Trade Organisation has predicted a slowdown of one per cent in global trade. The ministry said that by March 2023, the nominal gross domestic product (GDP) of India will be around $3.5 trillion. The last five-year policy came into force on April 1, 2015. However, it was extended several times in the wake of the coronavirus outbreak and subsequent disruptions in economic activities globally. The last extension was given in September till March 31, 2023. The new FTP identifies four new Towns of Export Excellence (TEE) namely Faridabad, Moradabad, Mirzapur and Varanasi. This is in addition to the already existing 39 TEEs. The FTP benefits have been extended to e-commerce exports, which are estimated to grow to $200-300 billion by 2030. The value limit for exports through courier service is being increased from Rs 5 lakh to Rs 10 lakh per consignment, he said. The new FTP also seeks to make the Indian rupee a global currency and allow international trade settlement in the domestic currency. Sarangi further said FTP 2023 is dynamic and responsive to the emerging trade scenario. He also said the department of commerce is being restructured to make it "future-ready".
Source: Business-Standard
Agri startup Greenikk, which created India's first full-stack banana supply chain, has developed a waste-to-value system to strengthen the country's banana fibre-based industry, which turns the otherwise wasted material into handicrafts and textiles. Greenikk developed the system by ensuring a steady supply of banana stem fibre to entrepreneurs and artisans to produce high-value goods having a huge demand in domestic and global markets, the Kerala-based startup said in a release on Wednesday. India, the largest producer of bananas in the world, has around 120 varieties that are grown year-round and almost 20 crore post-harvest plant stems are burned or wasted every year. Greenikk said it aims to ensure supplementary income for farmers by using the wasted materials for making banana fibre handicraft and textile products, and manure or poultry feed -- all under its own brand. As part of the initiative, Greenikk said it had already made arrangements for providing banana fibre to markets in Tamil Nadu, Karnataka and Kerala, besides organising training for micro-entrepreneurs across the three southern states. It said it was also focusing on various home decor products and artefacts made of banana fibre, as there was a strong demand for value-added products in overseas markets such as France, Spain and USA. "By creating this waste-to-value chain in the unified banana ecosystem, our focus is on understanding the basic problems in the market and finding viable solutions that would benefit a wide range of industries and crafts using banana fibre," Fariq Naushad and Previn Jacob, the Kerala tech duo who founded the startup, said. According to the release, the lack of adequate supply of raw material was a major hurdle for mechanised banana fibre processing that is essential for production of value-added goods profitably, they said. "Another problem is lack of quality standards and specifications, with each unit preferring a different quality of fibre based on its colour, tensile strength, and cellulose content. "Absence of a proper sales channel and lack of external support for training and design are also adverse factors faced by the sector, forcing fibre units to close," the startup said. "Greenikk, which works with large players in the market like Reshamandi and Extra weave, has tried to solve these problems by developing a model created by its R&D facility at Theni in Tamil Nadu, a major banana producing region in south India. The model is based on optimising fibre output while minimising production costs," the release said. "We did testing with 45+ varieties of banana breeds and shortlisted three fibre varieties based on their colour, tensile strength and cellulose content. The requirement of buyers depends mainly upon these three parameters. Our efforts have resulted in a healthy increase in demand for banana fibre by creating awareness about its prospects across 12 different industries," the Greenikk founders said. Greenikk said it had partnered with more than 600 women artisans and, with the help of a design team, were developing unique product concepts for the global market. The strategy involves creating a front-end sales channel to guarantee the regular transportation of finished goods, which will generate a proper livelihood for these women artisans, it said. It has also created a new D2C (Direct to Consumer) Instagram page under the name greenikk.shop, the release said.
Source: Money Control
In a bid to achieve a carbon-neutral fashion industry, clothing brands are increasingly concentrating their efforts on using eco-friendly products, reducing the use of plastic, and minimizing wastage. Here are some factors that will define how the sustainable clothing space shapes up in 2025: Reduction in carbon footprint One of the integral steps towards sustainable clothing is reducing the overall ecological footprint of our wardrobe. Serious factors like plastic waste, greenhouse gas emissions, textile wastes, as well as air, water, and soil pollution have plagued the idea of adopting a sustainable approach to fashion. However, the carbon footprint can be reduced by means of preference for environmental-friendly products, wherein the consumers opt for clothing that is fairly and ethically produced with ecological products. Choosing eco-friendly materials and lowimpact fabrics over plastic or cheap synthetic fabrics like polyester, nylon, and acrylic goes a long way in reducing the carbon footprint. Digitization The future of sustainable clothing in the year 2025 is directly related to the process of digitization of the supply chain which in turn leads to more transparency and traceability. With the current consumers of clothing concentrated across the Gen Zs and millennials, it becomes increasingly important to cater to their requirements. When looked closely, Gen Zs in general prefer brands that are sustainable, authentic, and transparent. Digitization helps these customers to leverage real-time data for better traceability, wherein they can verify the whole production process right from the raw material stage to the finished government stage. RFID (Radio-Frequency Identification) is one means by which supply chains can be made more efficient and effective in order to solve massive retail problems. Retailers, with the help of RFID, can know which products aren’t selling in real-time in order to take remedial measures to improve sustainability. Using recycling products & fabrics Too much production of clothing products and fabrics leads to as much wastage. To curb the wastage of resources and materials, it’s essential to adopt the process of recycling. Around 95% of textiles are sent to landfills each year, and recycling is what can help prevent it and thereby, prevent unnecessary wastage of material. Moreover, the production of virgin fabrics is one of the main sources of pollution caused by the fashion industry, and recycling older fabrics would clearly lead to a lesser need for new ones. Using recycled shopping bags which are strong and durable in nature, instead of plastic bags when shopping also helps in reduction in the environmental impact of clothing. AI becomes the design partner Artificial Intelligence (AI) as a design partner could be a big boost to the shaping of sustainable clothing in the year 2025. Firstly, it could aid in Fashion trend detection and lower forecasting errors by almost 50%. AI along with intelligent automation will also contribute to green fashion while also making use of human stylists and consumer inputs to design the best products which are suited to the style and size while also being sustainable. 3D Printing 3D printing has the tools to revolutionize the sphere of sustainable fashion in the future as it can use digital fabrication technology to print garments completely from scratch. The process helps in using easy-to-fabricate, green materials to make high-quality & intricately-designed clothes at very low costs. Clothing-As-A-Service (Caas) The service works on the distribution model under which customers can avail of clothing and accessories on a temporary basis through rental or subscription. With the process already underway with many clothing brands, the process will clearly become more popular by 2025 in what will be something that contributes massively towards sustainability in the fashion industry. Virtual Reality (VR) & Augmented Reality (AR) VR and AR bridge the gap between brands and consumers during both the online and in-store experiences. Through the provision of digital garments, VR and AR reduce fashion’s impact on earth’s resources to reduce pollution and overall wastage. Social Issues & Consumer Shopping Behavior Meager working conditions, exploitation, and forced and bonded labor are some of the major concerns in the fashion industry for the longest time. Addressing these problems along with the promised accountability and transparency in operations and the manufacturing process will transform the clothing industry in the future for the better. Another factor that will change the landscape of sustainable clothing in the future is consumer shopping behavior. Fortunately, more and more customers are leaning towards sustainable clothing which includes purchasing garments made out of eco-friendly materials and Lyocell and biobased plastics, which are comparatively better than conventional plastics. CONCLUSION To conclude, there is a dire need for the fashion industry to set the right example in terms of making things more sustainable, and the early signs are very positive. Sustainable clothing is one sphere which will contribute massively towards tackling climate change and loss of biodiversity, and it will benefit brands in general if they choose to change with the times and treat it as the new normal.
Source: Live mint
A Memorandum of Understanding to establish the first PM Mega Integrated Textile Regions and Apparel (PM MITRA) Park in Tamil Nadu’s Virudhunagar district was signed in the presence of Union Minister Piyush Goyal and state Chief Minister MK Stalin. A total of 11 MoUs between State authorities and companies were also exchanged on investment commitments in the PM MITRA project in Tamil Nadu. Giving a big boost to the textile sector in the Country, the PM MITRA Parks, in all, would create huge employment opportunities and an estimated 20 lakh people would get ‘new work’ attracting about Rs 70,000 crore investment. Some of the major investments and MoUs signed include Rs. 600 crores investment by Rajapalayam Mills for setting up Spinning plant. The new project will provide employment for 2700 people. Madurai based Paramount Textile Mill has announced investment of Rs. 125 crores for a wet processing unit. This new unit is expected to generate employment opportunities for 500 people. Thiagarajar Mills has announced investment of Rs. 100 crores on a wet processing unit and Loyal Textiles has announced setting up of an integrated technical textiles unit at an investment of Rs. 65 crores. Tamil Nadu textiles and clothing accounts 1/3rd of the textile business size, 45% of the spinning capacity, 70% of the knitted garment capacity, 40% of the home textiles manufacturing capacity, 22% of the powerloom capacity, 12% of handloom capacity, 60% of yarn exports, providing direct jobs to over 60 lakh people and the only State having presence of whole textile value chain, has been playing a pivotal role in the country’s economy as the textile industry being the second largest employment provider of the Nation, next only to agriculture. SIMA Chairman Ravi Sam said, “The recent announcement by the Union Government, allocating a Park to Tamil Nadu (at a cost of Rs.1,800 crore in Virudhunagar district and for this purpose 1,052 acres of land would be acquired and completed by SIPCOT) through the PM MITRA mega textile park scheme and the infrastructure support extended by the government of Tamil Nadu through this budget, would increase the scale of operation and value-addition. This facility is expected to provide infrastructure facility for textile processing, the weakest link in the whole textile value chain. He has also welcomed the announcement of 10 mini handloom parks with a total outlay of Rs.20 crores to upgrade the standard of handloom products by using latest technologies and creating market linkages. Mr. Ravi Sam has welcomed the announcement of new industrial parks in the clusters of Virudhunagar, Vellore, Kallakurichi, and Coimbatore at an estimated cost of Rs.410 crore for providing employment opportunities to nearly 22,000 persons. He has stated that industrial housing facility to be established in the SIPCOT Industrial Park in Gangaikondan at an estimated cost of Rs.50 crore to accommodate 1,500 employees is a welcome move.
Source: Indian textile magazine
Inspired by the idea of Hon’ble Prime Minister, aimed at making all our cities ‘Garbage Free’ under Swachh Bharat Mission- Urban 2.0 and focus on ‘Swachhta’, Technology Development Board, a statutory body of Department of Science & Technology, Government of India invited applications from Indian companies having innovative/indigenous technologies at commercialization stage in waste management domain. The call for proposal aimed at making Indian cities waste free and at the same time generate wealth from waste through technology interventions i.e., ‘Waste to Wealth’. Today, Technology Development Board signed the first agreement under the initiative. TDB penned the agreement with M/s Sahi Fab Private Limited, New Delhi for development & commercialisation of ‘Agricultural waste of stem materials like industrial hemp, flax and nettle etc. into Fibre’. The board has pledged a support of ₹1.38 Crores out of the total project cost of ₹2.08 crores. Industrial Hemp (iHemp) is made up of varieties of Cannabis Sativa that `contain less than 0.3% Tetra hydro cannabinol (THC). The small brown seeds (iHemp) contain a rich nutritional food containing protein, fibre, and healthy fatty acids, including omega-3s and omega-6s that help in reducing symptoms of several diseases, improving the health of the heart, skin, and joints. In addition, the stem holds various properties such as antibacterial properties, prevention of UV rays owing to its composition consisting of cellulose, hemicellulose, pectin, lignin etc. Whereas, it consumes less amount of water in cultivation as compared to cotton, emits less carbon dioxide, uses less energy and better carbon sequestration than cotton and polyester fibre. However, due to lack of technology it remained unexploited, despite being a good source of sustainable, environment friendly fibre and also one of the strongest and most durable natural textile fibres. Thus, with an aim to creating wealth out of the unexploited waste, the company has come up with an innovative solution by manufacturing fiber /fibrous products out of this waste in three steps as follows:
Decortication: The hemp stem is processed through the indigenously developed Decorticator machine.
Wet Processing: The extracted fiber is treated with alkali / enzymes using high temperature high pressure (HTHP) machines.
Fiber Processing: The treated fiber is individualized through carding and can be processed through different routes, one of them being needle punching (non- woven).
The extracted fiber from the stem will not only contribute to circular economy and but also upsurge the income of the farmers by 7 times approx. Speaking on the occasion, Sh. Rajesh Kumar Pathak, IP&TAFS, Secretary, TDB said that, “TDB has been a forerunner in helping innovative indigenous technologies, aimed at improving the ease of living for common man. Many of the Start-ups are venturing into fresh domains, and therefore seeks financial assistance to accomplish their endeavours. M/s Sahi Fab is one such start-up which is developing Fibre from agricultural waste that remained unexploited due to lack of technology.”
Source: PIB
Chief Economic Advisor (CEA) V Anantha Nageswaran on Wednesday said that the Indian Economy is likely to grow at the rate of 6.5 per cent in the coming decade on the back of the turnaround in financial and investment cycle. The CEA Also stated that global exports growth volumes may be somewhat tepid in terms of their growth rates due to the kind of uncertainties the world is facing. "So, I think the restoration of the financial, credit and the investment cycle in the commercial sector and the real estate sector will probably see us growing on an average of six and a half per cent in the coming decade," he said. The Asia's third-largest economy recorded year-on-year growth of 4.4 per cent in October-December, down from 11.2 per cent a year back and 6.3 per cent in the preceding quarter. The finance ministry's Economic Survey has projected the economic growth to be 6.5 per cent in the 2023-24 fiscal beginning April 2023, while the RBI has projected India's economic growth to slow down to 6.4 per cent in FY24 from 7 per cent in the current fiscal. Nageswaran attributed the slowdown in India's economic growth just before Covid-19 pandemic to the classic financial cycle distress that India went through. "If you look at data from 2012 onwards, so basically pre-pandemic period itself, we went through a period of classic financial cycle repair, credit cycle repair, which is what brought down a slowdown in the construction sector, and real estate sector," he opined. According to Nageswaran, in the second decade of the century, by the time India could start thinking of enjoying the repaired balance sheets, came the pandemic for two years. "And then came the commodity price shock and later came the interest rate shock in the second half of the 2022," he said, adding that so naturally, some of these things do induce uncertainty in the minds of private investors and they may be a little bit more cautious than they might have been. Referring to India's energy security, Nageswaran said there is tremendous pressure on energy transition for justifiable reasons. "So there is no question of denying that there is a need for energy transition, but the question is how do we go about it?," he asked. Noting that developing countries including India, definitely need economic growth to finance their energy transition requirements, Nageswaran said without domestic savings, there is no question of adequacy of resources for financing energy transition. While emphasising that to address climate finance, there is need to address economic growth first, he said somehow relegating economic growth and development to the second to the fringes to put climate issues on top of the agenda would be actually doing a disservice to the climate agenda. "If we are going to attract so much private sector capital for climate transition or energy transition, what happens to the current account deficit?," he wondered. Replying to a question on production-linked incentive (PLI) scheme, the CEA said the exit clause is very important for any scheme. The government has announced PLI schemes for 14 sectors, including white goods, textiles and auto components. The objective of the PLI scheme is to make domestic manufacturing globally competitive, create global champions in manufacturing, boost exports and create jobs.
Source: Live mint
The Gujarat Chamber of Commerce & Industry (GCCI) is organising the Textile Leadership Conclave 2023 in Ahmedabad on April 8, 2023. Chief Minister of Gujarat, Bhupendra Patel will be the chief guest of the event, while Darshana Jardosh, Minister of State for textiles and railways, will be the guest of honour. Textile leaders and various companies will share success journey at the conclave. The eminent speakers at the event include Kulin Lalbhai, executive director of Arvind Ltd; Santosh Banthia, director of Citizen Umbrella Manufacturers Ltd; Dr. Sharad Saraf, chairman of Technocraft Industries; and Sanjay Jain, managing director of TT Ltd. Additionally, Kushal Shah, a trader from Louis Dreyfus Company (LDC) will speak on ‘World Cotton Scenario’, and Prashant Agrawal, joint managing director, Wazir Advisors Pvt Ltd, will speak on India vs Rest of World in Textiles. Registration and networking will begin at 2 pm and the event will be inaugurated at 3 pm, followed by talks and presentations by the speakers. Reliance Industries Limited, Welspun and Chiripal are the lead sponsors of the event.
Source: KNN
Its acronym, GPT, stands for ‘generative pretrained transformer’ and it is a natural language processing model that is free to use. Developed and launched in November 2022 by US-based artificial intelligence research laboratory, OpenAI, ChatGPT uses so-called ‘self-attention mechanisms’ – a system that takes in information from a source such as the internet to produce information in the form of text. Since its launch, ChatGPT has been joined by Bard, Google’s rival generative AI product which it launched in March (2023). According to Dr Bharati Rathore, a specialist in fashion management at Birmingham City University’s School of Fashion and Textiles, in the UK, the apparel industry is already identifying how it can benefit from ChatGPT right down the supply chain – from consumer interaction to manufacturing processes. “[Academic] research on ChatGPT in the textile industry could focus on how this technology can be used to optimise the production process, generate meaningful and automated customer support, or develop personalised recommendations for shoppers,” she explained. “For instance, the system can be trained on data from a production line to detect any anomalies or process changes that could lead to defect, and alert personnel accordingly.” But while such applications of this new tool are being worked out, others in the fashion industry are already publicly experimenting with ChatGPT for marketing purposes. Gala Marija Vrbanić, founder of the Croatia-based digital-first fashion line Tribute Brand, revealed to fashion magazine Vogue in February last year that she already uses ChatGPT for marketing, giving the example of how she instructed the chatbot to write a “bizarre” story about a virtual brand ambassador to generate a five-paragraph tale that was used in a marketing campaign. Shadi Adada, CEO of Beirut, Lebanon-based design and production agency FittDesign says that fashion brand owners have a “tremendous opportunity” to use tools like ChatGPT to maximise the efficiency of their businesses. He suggests the tool can be used to generate customer support emails, create social media content and strategies, while being instructed to act as a fashion brand consultant. Adada also recommends brand owners to consider using the tool to provide data insights into their business. Away from marketing applications, others are more sceptical of ChatGPT’s readiness for practical deployment in specific industries such as the apparel sector. “In my opinion, the current iteration of ChatGPT (…) is still far from being considered fit for purpose for commercial use, certainly not within a supply chain setting,” said Dr George Bargiannis from the School of Computing and Engineering, at the University of Huddersfield, also in the UK. Bargiannis notes that the open-source data ChatGPT is trained on is unlikely to be of direct relevance to the day-to-day operations of a particular supply chain as most of these brandspecific data are not publicly available. An apparel manufacturer would therefore need to train the chatbot on its own precise dataset(s) to be able to deploy it effectively. “A bespoke version [of ChatGPT] trained on data provided by a particular brand or a network of affiliated brands, will be more likely to assist in tasks such as supplier selection and evaluation, by quickly assessing candidate supplier capabilities and track record based on historical information,” Bargiannis explained. “If it is intended to be used for tasks as specialised as predictive maintenance within a particular manufacturing process (…) a ChatGPT trained on years’ worth of historical records of maintenance tasks [for a specific manufacturing process] will potentially be able to assist in monitoring – offline or online – an assembly line to detect and predict equipment faults,” he added. However, there are clear time-saving benefits to using ChatGPT, which also reduces the need for potentially expensive human input on some tasks like research. Dr Vaggelis Giannikas, Associate Professor at the School of Management at the University of Bath, south-west England, feels that ChatGPT can help spread knowledge and understanding of how to optimise supply chains, including for apparel. “At the moment, most of us use Google to learn about a new supply chain management approach, search what our suppliers/competitors do, find market information etc. Technologies like ChatGPT have the potential to make this easier for us by providing an interface (…) for people to get the information they might need,” he said. Bargiannis says that while generative AI tools like ChatGPT may be able to help reduce operational and resourcing costs in this way, wider integration can only be achieved if these technologies can at least partially explain their responses, something they cannot do at present – creating the risk that supply chains might be allowed to operate on inaccurate information. “Imagine the scenario of a procurement manager in a yarn production company asking ChatGPT which supplier to select for a particular fibre order? Would they be able to trust the response they receive if it’s not accompanied by a clear explanation that depends on specific criteria supporting that decision?”. Bargiannis is also doubtful about the potential uses for AI in helping to tackle the significant issues of counterfeit products in the fashion industry and improving sustainability: “End-toend traceability and visibility across the fashion supply chain is still a major challenge, and the barriers to achieving it are not primarily related to technology maturity, but rather to unavailability of the necessary infrastructure and legislation,” he said. For example, it has only been a year since the European Commission adopted a proposal to create a digital product passport promoting the sale of sustainable products across the European Union (EU). (3) Until traceability-related initiatives are operational, technologies such as “ChatGPT will be unable to contribute to any improvement, as they rely on access to such data to facilitate track and trace processes”, he said
Source: Just-Style
Amid a diplomatic row following protests by secessionist groups near the Indian mission in London, Union commerce minister Piyush Goyal on Thursday said talks on a Free Trade Agreement with the UK are continuing.Talks are “going on very well” with the UK, Goyal said, adding, “trade stands on its own legs”. The Union minister, however, made it clear that India will take into consideration a respect for her sovereignty and territorial integrity, and will not tolerate any interference in her Indian affairs. India’s Ministry of External Affairs summoned the senior-most British diplomat in New Delhi on a Sunday evening recently, over reports of some Khalistani elements pulling down the Indian flag at the Indian high commission in London during a protest. India has also responded by proposing or undertaking several actions, like reducing security at the British mission and constructing a public toilet there. When asked about the impact of the ongoing events on the trade agreement, Goyal seemed to suggest that negotiations continue.”I can assure you that talks are going on very well with the UK, Canada, with the EU countries, we are also in dialogue with Israel,” he told reporters here. Goyal said there was no deadline to have an FTA with the UK, but a former PM of the country has announced an aspiration to conclude before Diwali of 2022.”…we are back at the negotiating table, both sides are discussing at the official level,” he said. Goyal said there is a high interest for FTAs with India shown by many countries, and discussions are on at a “frenzied pace” with many countries, and quipped that he is not left with bandwidth to discuss such agreements. Meanwhile, Goyal also said that talks are also on with the European Free Trade Association (EFTA), following a request from four ministers of the grouping to meet the Indian commerce and industries minister.”They have assured me that they will be coming with very attractive proposals in terms of opening up services and a deeper understanding of India’s own concerns around our patent laws and the need to protect our domestic industry,” Goyal said. On a query on rupee trade with partners, and if the same is being pushed with G20 countries during the ongoing meetings of the grouping’s trade and investment group in the financial capital, Goyal said this subject is more of a bilateral subject which is anchored by the RBI and the Ministry of Finance. He added that many countries have evinced interest in having such an arrangement with India. Goyal attended a dinner meeting with the 100 delegates attending the G-20 meeting in the financial capital on Wednesday evening, and is also addressing the delegates at the closing event later on Thursday. Meanwhile, when asked about Parliament passing important bills sans any discussions and the treasury benches taking to protests at a time when the government is responsible for running the Houses, Goyal shot back saying the Opposition is using the platform to cast baseless and wild allegations against those in the government under the influence of forces inimical to India’s interests.”Sometimes in life, propriety, self respect and the nation’s interest overrides everything else. And this is one such occasion when we cannot allow the nation’s independence, our sovereignty, our respect to be tarnished by any individual especially on foreign soil,” he said. The commerce minister also said that the Ram temple in Ayodhya will be ready by the end of the year and work is on at a scorching pace.
Source: Financial Express
INTERNATIONAL
The Ministry of Industry is implementing a machine restructurization program to provide support for the textile and textile products (TPT) industry that in turn will improve the industry's competitiveness amid global uncertainty. The program focuses on the fabric industry and aims for 13 companies to participate, with the budget totaling Rp4.7 billion this year, the ministry's Acting Director General of Chemical, Pharmacy, and Textile Industry (IKFT), Ignatius Warsito, stated in a statement here on Wednesday. The machine restructurization program is expected to drive companies to use more modern, efficient, and eco-friendly machines and/or equipment so as to improve the level of competitiveness in accordance with the "Making Indonesia 4.0" road map. "The program is once again being implemented after previously in 2021 and 2022, as many as 23 companies had benefited from it. The program has vindicated itself to be capable of improving products' productivity, efficiency, and quality," Warsito said. The TPT industry's performance in 2022 still managed to show good result amid the pressure of the global crisis. The export value of the textile industry hit US$13.83 million, with a total of 3.65 million people employed in the industry. "In terms of the GDP (gross domestic product), the TPT industry grew 9.34 percent and contributed as much as 1.03 percent to the national GDP," he stated. The budget will be used to provide reimbursement of price discounts of 10 percent of the total investment in machinery and equipment originating from imports or 25 percent for those produced domestically. Companies are able to apply starting from March 24 to June 30 in accordance with IKFT's Rule No. 11 of 2023 regarding the Implementation of Machine Restructurization Program and Equipment of Fabric Industry. The applications can be submitted via each company's SIINas account. The submission period might be extended if necessary. The machinery or equipment to be included in the program should meet the purchasing installation period between June 1, 2022, and June 30, 2023. They should have been installed at the location according to their industrial permit and should be proven by purchasing and payment documents as well as the results of field visits. Warsito remarked that some other policies have been implemented well by the government by offering both fiscal and non-fiscal incentives in order to maintain the TPT industry's performance. The policies include the improvement of commodity balances and raw material supply chains implementation of the so-called industry 4.0, Specific Natural Gas Price (HGBT), import control and imposition of trade remedies on the TPT industry, Domestic Product Use Program (P3DN), and enhancement of human resources' competency through the "link and match" vocational program. "The TPT industry is expected to optimally take benefits from the program in order to improve productivity, efficiency, and quality of its products which in turn will help in improving the quality of the companies and textile industry in general," Warsito concluded.
Source: The en.antaranews.com
Sustainability first – this is the principle of the Institut für Textiltechnik (ITA) of RWTH Aachen University in hall 6 booth S74 at JEC World 2023. ITA combines various lightweight construction technologies to reduce C02 emissions and to use renewable and/or recyclable raw materials. ITA presents innovations in the production of reinforcing fibres and in the textile processing of high-modulus fibres. It also shows the impregnation of high-modulus fibres with thermosetting and thermoplastic matrix systems. Experience a production technology that continuously produces tubular reinforcement profiles! The production of these reinforcement profiles is based on thermoplastic matrices and wound semi-finished reinforcement textiles. At the ITA booth, you will be able to experience and discuss the entire process chain from fibre production and processing to the finished component with innovations at all levels. We offer you cooperation along the entire process chain for composite production and in the investigation and development of sustainably designed processes and products. ITA will be exhibiting at Stand Hall 6 S74 together with Textechno, Mönchengladbach, Germany, textile testing equipment and Maruhachi Fukui, Japan, Thermoplastic Composite Material Systems. The Interreg AACOMA project will also be presented at the stand. Please visit us in Hall 6 Stand S74 – we look forward to seeing you there.
Source: Textile world
Trerè Innovation, a global supplier of sustainable technical Italian apparel, footwear design and manufacturing from Asola, Italy, is launching the world’s first line of 100% bio-based base layers in the U.S. using Biotech, natural and plantbased materials, resulting in petroleum-free sportswear reducing the footprint of the textile industry on the planet. UYN’s high-performance Biotech base layers are manufactured in Pennsylvania and will arrive at select retailers and online fall 2023. Together, the base layers, footwear and socks are part of Unleash Your Nature (UYN, pronounced “win”), Trerè Innovation’s first U.S. consumer brand being introduced now. UYN is scheduled to open its first store in Boston fall 2023. “UYN is delivering the next generation of planet-friendly fabrics from responsibly harvested beech plants, castor oil seeds, kapok trees, eucalyptus trees and corn, among others using proprietary manufacturing processes at our in-house facilities; this is our clear point of difference,” said Marco Redini, Trerè Innovation CEO. “AREAS, our academy for research and engineering, enables our designers to create the highest quality garments, footwear and accessories meeting the most stringent performance standards resulting in best-in-class quality. Our base layers are trusted by 9 respected ski teams around the globe. With these assets and our proven skilled expertise, we intend to replicate our global success in the U.S. because the timing is right.” Brand History Trerè Innovation’s CEO Marco Redini’s father, Luigi Redini, founded the company in 1950, producing only stockings. Marco joined Trerè Innovation in 1984, jumpstarting years of unprecedented growth as the brand entered the sportswear market. After perfecting its approach to the bio-based manufacturing process, Trerè Innovation introduced Unleash Your Nature in 2018 in 27 countries including Austria, France, Germany, Italy and Switzerland. During his tenure, Mr. Redini has built a global network providing design and technical expertise and, today, manufactures products for iconic brands, including Christian Dior, HarleyDavidson, PUMA and Rossignol, among others. Together, Trerè Innovation and UYN have garnered numerous awards, including the 2022 ISPO Award, 2022 Red Dot Design Award and 2021 Design Intelligence Award (DIA).
Biotech The technology behind UYN’s Biotech base layer line originates from the brand’s veteran designers and Trerè Innovation’s Academy for Research and Engineering in Apparel and Sports (AREAS), its state of the art testing facility. The 38,000 sq. foot center has a climate wind tunnel, thermal mannequins, a rain room, a 3D body scanner and a sports medicine department. UYN’s unique biotech components include: BIOLIGHT: A plant-based fiber extracted from beech trees in responsibly managed forests. Biolight is breathable, bright, soft and able to retain twice as much moisture than cotton; Ecolypt: A 100% sustainable natural fiber collected from eucalyptus trees providing strength and elasticity; FLEXICORN: A plant-based bio-polyester yarn derived from corn that is extremely elastic, resilient, wrinkle resistant, UV-resistant and keeps its original shape longer than synthetic fibers; KAPOK: Is the lightest organic fiber in the world and used for its natural insulation, hypoallergenic, soft and antibacterial properties. KAPOK is derived from pristine forests by hand without pesticides or fertilizers; Natex®: A 100% bio-based material made from castor oil seeds that results in a lightweight, elastic and bacteriostatic material for minimizing odors Footwear UYN is the first brand to make footwear out of socks without seams and uses natural materials including: paper cotton, merino and yak wool, as well as bio-based materials including Natex and Ecolypt. The footwear is available now online https://uynsports.com/en_us and at select retailers. U.S. Team Entering as the head of sales, John Phaneuf has over 25 years of experience, previously having worked with adidas Terrex, Bern Helmets, Helly Hansen and Lacrosse Footwear. Phaneuf will work closely with E.J. Riordan, chief executive officer of TRE U.S., Elia Redini, executive manager at Trerè Innovation, who will focus on the U.S. market, and Sherry Davis, handling tactical sales “U.S. Consumers want to be outdoors and aligned with brands taking proactive actions to minimize the damage to the planet,” continued Redini “UYN provides a clear alternative to the U.S. marketplace because of our advanced design and in-house manufacturing and our sustainability commitment in every facet of our business. We look forward to introducing U.S. consumers to the UYN family.”
Source: Textile world
Chargeurs PCC, global manufacturer of interlining and inner apparel components, will present its brands at Made in France Première Vision, the Paris fair trading on savoir-faire français, that will be held March 29th to 30th at Rue Carreau du Temple, Paris. The company will showcase Lainière Paris and ZeroWater, the top offer in knitted interlining collections, made in France at the historical century-old factory Lanière de Picardie in Péronne. LAINIERE PARIS For more than a century Lanière Paris has been a key supplier to the French and Italian finest maisons de mode and is today the world leader in the knitted interlining products. Lanière Paris interlinings combine lightness, fluidity, softness and silky touch with impalpable and invisible coating, improved grip, and bi-stretch property, to meet the finest luxury labels trend to increasingly lighter and transparent fabrics, in need of specialty interlining technology to be put together as a garment in resistance, stability and durability. Committed to offering the highest level of quality and ethics, Lainière Paris is certified AFAQ ISO 9001 , OEKO-TEX and Reach Compliance. Thanks to the innovation at Lanière de Paicardie’s R&D, Chargeurs PCC works directly with brand partners to offer the most innovative and custom solutions. ZEROWATER RAINBOW COLLECTION ZeroWater Rainbow Collection of sustainable knitted interlinings is created with a proprietary waterless dyeing process and offers nearly invisible structure for use under the lightest and sheerest fabrics. This made in France collection of ultralight inner components is available in 15 colors, in addition to white, natural and off-white, all dyed through a proprietary waterless process that minimizes environmental impact. The ZeroWater Rainbow Collection offers the lightest interlinings for couturiers and luxury brands that use the most luxurious and lightweight fabrics to create garments. Delicate and sheer items require silky, soft interlinings that provide flexible structure, durability and adhesion while remaining nearly invisible, so as not to detract from the color of the outer fabric. The collection is available in a wide range of sustainable colors to ensure designers’ creations drape perfectly and wear well, with no perceptible difference in the color of materials used to construct different layers of garments. “We’ve leveraged our expertise to create a revolutionary dyeing process that uses absolutely no water as part of our commitment to sustainability through innovation,” said Gianluca Tanzi, CEO and Chairman of Chargeurs Textile. “The Zero-Water Rainbow Collection of sustainable interlinings offer the flexibility and improved adhesion the world’s top couturiers demand in a wide range of colors to match nearly any fabric.” The traditional dyeing process is one of the most water-intensive and polluting parts of fashion production. According to the UN, the fashion industry produces 20% of all wastewater and textile dyeing is the second-largest source of water pollution globally. Most of this wastewater is returned untreated to the environment, where chemicals from dyes can harm human, animal and plant life. To address this issue, Chargeurs PCC designed and engineered a proprietary waterless dyeing process that involves dyeing the adhesive material used in interlinings rather than the fabric itself. Chargeurs PCC @Made in France – March 29th – 30th – Rue Carreau du temple, Paris – Stand A19.
Source: Textile world
Pakistan and Australia have agreed to enhance bilateral trade, especially in the fields of agriculture, textile and tourism. The understanding was reached during a meeting between Commerce Minister Syed Naveed Qamar and Australian High Commissioner to Pakistan Neil Hawkins in Islamabad. The two sides discussed the possibility of preferential market access under formal arrangements like PTA and FTA between Pakistan and Australia. The Commerce Minister called for enhancing bilateral trade with Australia to its true potential, besides enhancing cooperation and transfer of technology in developing food processing, dairy and cattle industry.
Source: The radio.gov.pk
