INTERNATIONAL
NATIONAL
The Synthetic and Rayon Textiles Export Promotion Council has said the Foreign Trade Policy (FTP) 2023 announced last week was pragmatic and progressive. Bhadresh Dodhia, its chairman, said removal of the consignment-wise cap on ecommerce exports through courier of ₹ 5 lakh to ₹ 10 lakh would encourage a large number of textile exporters from the MSME sector to enter the e-commerce space. The FTP had introduced automatic and online approval of various permissions within one day. “Henceforth, the issue of Advance Authorisations and EPCG Authorisations and their revalidations will be faster, which will make operation under these schemes smooth and simple for the textile exporters,” he said. Further, the one time amnesty scheme announced under the FTP 2023 to address bonafide defaults will provide the much-needed relief to a large number of textile exporters who have been unable to fulfil their export obligations under the EPCG and Advance Authorisations because of the pandemic and slowdown in many of the western markets.
Source: The Hindu
Commerce and industry minister Piyush Goyal said on Tuesday that India's merchandise exports touched $447 billion in FY23, as compared to $442 billion a year ago, though the final data is awaited. This would translate into a 6 per cent year-on-year jump in exports. The data is collated, finalised and released by the commerce department on the 15th of each month. Services exports are expected to surge much higher and are estimated to cross $320 billion in FY23 from $254 billion a year ago. "The final numbers (exports of goods and services will be closer to $765 billion... I wouldn't be surprised if we actually go up to $772 billion which we figured while drawing the road map for $2 trillion of exports by 2030,” Goyal said, adding that if the data reaches $772 billion, then the $2 trillion target by 2030 will also be reset. The minister was speaking at the release of the report titled 'Express Delivery Services Supporting the Journey towards India@2047' by ICRIER that suggested that the government should fast-track trade facilitation-related reforms, to give express delivery a level-playing field with general cargo. The report said that the express delivery service (EDS) industry provides integrated door-to-door transport of documents and products and plays an important role in connecting enterprises, especially small and medium enterprises (SMEs), to the global value chains. While India’s EDS sector is small, it is one of the fastest growing markets, with 15.8 per cent CAGR at $5.5 billion in 2020. The key growth drivers include the growth of e-commerce, growing middle class, government support for digitalisation, GST rollout, the focus on logistics sector under the PM Gati Shakti, national logistics policy, and government support for onboarding MSMEs to digital platforms.
Source: Business-Standard
At least three textile parks in Surat (Gujarat), Pochampally (Telangana), and Latur (Maharashtra) that were classified as successfully completed and shown as functional in the textiles ministry’s records were found to have been shut down during a compliance audit of the integrated textile parks conducted by the Comptroller and Auditor General (CAG). In the audit report, which was tabled in the Parliament last week, the CAG said the ministry considered the parks “completed” solely on the basis of the recommendations of the project management consultant (PMC) without physical verification by its own officials. The CAG recommended that the ministry take punitive action against the PMCs and special purpose vehicles for providing false information. Out of the 10 completed parks sampled, the audit found that the ministry treated five parks as “completed” without ensuring the creation of common infrastructure and facilities that were initially planned in their detailed project reports. The ministry released grants (ranging between 60 per cent and 79 per cent of the total grant) for three sampled parks based on recommendations of the PMCs without ensuring availability of statutory clearances before commencement of the parks. Advertisement Follow Us 0:00 / 3:18 Home E-paper Market Opinion India News Industry Sports Multimedia Portfolio Specials Partner Content Management Lifestyle Ente Subscribe Now 0.26%) Adani Ports 639.15 ↑ 11.35 (1.81%) Apollo Hospitals 4206.00 ↓ -28.35 (-0.67%) Asian Paints 2769.60 ↓ -7.40(-0.27%) Axis Bank This site uses cookies. “The sanction of grants amounting to Rs 79.61 crore to the three sampled parks was not fruitful so far as the parks were still incomplete due to non-availability of statutory clearances,” it said. The CAG recommended that the ministry consider making the availability of land and statutory clearances required for setting up of textile parks a pre-condition for sanction or release of grants. The Centre introduced the Scheme for Integrated Textile Parks (SITP) in 2005 with the objective of establishing world-class infrastructure to set up textile units, which would, in turn, generate employment opportunities and increase investments. The ministry sanctioned 98 parks under the scheme till June 2016 after which no additional parks were sanctioned. The Centre has released grants worth Rs 1,592.52 crore to these parks. As per the data submitted by the ministry to the CAG, out of the 98 sanctioned parks, 26 were marked as completed, while 30 were considered ongoing and 42 cancelled. An amount of Rs 77.34 crore remained unrecovered from 10 cancelled parks apart from penal interest of Rs 117.72 crore. “The cancellation of a large number of parks and inordinate delays in completion of the parks defeated the purpose of the scheme to that extent,” the CAG observed. The CAG audit found that there was a huge shortfall in achieving targets by the textile parks sanctioned under the scheme. Only 30 per cent of the employment and 50 per cent of investment targets were achieved 16 years after the inception of the scheme. The auditor also highlighted the ministry’s failure in continuing the monitoring of the Doddaballapur Integrated Textile Park in Karnataka, which was found to be running non-textile activities in the park, “thereby defeating the very objective of the scheme”.
Source: Business-Standard
India presently commands 43 per cent share in UAE’s apparel imports which makes UAE one of the major buying destinations for the Indian apparel export industry. And it is now more than over a year since India and UAE signed the historic Comprehensive Economic Partnership Agreement (CEPA) or Free Trade Agreement (FTA) on 18th February 2022 (which came into effect from 1st May 2022). Due to these initiatives, India now does not face 5 per cent duty on textiles and garments, which is a big advantage for Indian companies. Though looking at the overall scenario, so far there has not been much positive impact on ground level, but in FY ’24, the results are estimated to be profitable. The importance of the agreement was also higher as it was India’s first comprehensive trade agreement in a decade. It was claimed at that time that this agreement will unleash the infinite potential that both nations hold and it will give a huge impetus to several sectors, including textiles. The benefits of this agreement to the textile sector shall be an additional increase in exports projected at US $ 2 billion over the next five years. Notably, dutyfree exports for the upcoming five years is projected at US $ 650 million per year for man-made fibre (MMF). Apparel exports to the UAE also cater to the apparel needs of Saudi Arabia, Kuwait, Bahrain, Oman and the UK. It is a large retail market with players across the value chain including big western fashion chains and wholesale buyers from North Africa and the Middle East. Hence, one cannot deny the huge scope that UAE has for India, but despite all this, India’s apparel exports to UAE in 2022-2023 (April-January) have been just US $ 998.55 million, while in FY 2021-2022, India’s exported garments worth US $ 1824.91 million. For the calendar year 2022, the total apparel imports of UAE were US $ 4.90 billion. Even during pre-Covid in 2018-19, India’s apparel exports to UAE were worth US $ 1991.15 million. So India has not been able to take any advantage of trade agreements in 2022-23. There have been many external factors that have pulled India back from taking significant strides towards growth.
Recent months reflect low sentiments During the past few months, exporters working with top companies in UAE have observed low sentiments in UAE-based buyers as they have not seen good shopping at the stores. So until inventory doesn’t get cleared, fresh orders are hard to be confirmed. Even top brands have also put their delivery on the hold and assured to take it later. Supplying womenswear to Apparel Group and Aeropostale (for UAE), Ameer Hasan, Director, Apmode International, Jaipur believes that as there are no orders for Ramadan from UAE, it may take 3 to 4 months to improve the overall order booking in this important market.
Dependent on product categories and material base As far as womenswear (knitted and woven) is concerned, UAE has more demand for polyester-based garments and that too for cost-effective products but many Indian exporters still lack on this front. But with the developments taking place like PLI scheme for MMF and industry’s growing focus on polyester, there will be fewer issues with regard to availability and price concern in this segment going ahead. The majority of Indian exporters, especially small-level exporters, working with the UAE or catering to Dubaibased clients, have their set one or two clients and they are working with them in a routine way. So for them, there has been no major benefit of FTA on the ground level. Kidswear is one such category with a plethora of benefits and doesn’t have a dependency on polyester and this product category witnesses the least impact from market sentiments. A few of the Indian kidswear exporters exporting kidswear to UAE are enjoying good growth, and in the last 5-7 months, their business has grown well there. They have witnessed more enquiries and momentum for future businesses. “I see 15- 20 per cent growth in my UAE business and it is mainly owing to FTA. It is a growing market and I am hopeful for even more growth in the future,” says Amit Goenka, Director, Moozoo Fashions, Kolkata who works with wholesalers and retail chains of UAE. Many exporters have direct business with countries like Kuwait and Saudi, so they don’t have anything to do with this FTA but as there are few wholesalers and importers in UAE which supply apparel to these countries as well as to some African countries, the FTA advantage can be availed by Indian exporters who are working with these kinds of wholesalers and importers.
FY ’24 going to be strong Big leading groups of UAE like Apparel Group, Landmark Group, Red Tag as well as leading UAE-based buyers are expected to soon place prospective orders in India, as during mid-March, most of the stores will see decent footfall owing to Ramadan and the inventories are expected to get cleared at this time. On the request of anonymity, one of the top sourcing professionals of one such group told Apparel Resources(AR) that few of the leading retailers have placed good and urgent orders very recently during this time of shopping for Ramadan. Various international retailers like Carrefour have been offering attractive discounts for almost one-and-a-half months, which started in the third week of February to pull in maximum customers. It is also worth mentioning here that growth in the UAE is expected to remain robust this year. The latest Economic Insight report for the Middle East, commissioned by ICAEW and compiled by Oxford Economics, says that the UAE’s tourism industry is also recovering. After receiving a boost from the World Cup in Qatar, Dubai is again among the world’s busiest international airports, with passenger numbers rising by 67 per cent year-onyear in Q4 of 2022 to their highest levels since 2019. After Ramadan, the scenario regarding the coming season will be more clear. But FTA has a long-term impact, so there are enough chances that in near future, India will have stronger business collaborations with the UAE.
Source: Apparel Resources
Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Shri Piyush Goyal said that logistics has become the centerpiece of India's policy making in its journey towards becoming a developed nation and a leader in international trade. He also said that express delivery of services has transformed through innovative ideas under the leadership of Prime Minister Shri Narendra Modi. During his address at the ICRIER Release of the Report on Express Delivery Services in New Delhi, the Minister praised the Indian Council for Research on International Economic Relations (ICRIER) for a report which aims to improve the overall logistics system by partnering with industry and government. He said that ICRIER acts as a bridge between government and industry. He added that it must work with industry experts on the roadmap for fruitful realization and implementation of the recommendations of the report. The Minister noted that the growth in overall exports over the last two years despite challenges like inventory pileup, high raw material costs, freight issues, and the COVID-19 pandemic's impact is commendable. He said that the government is making a conscious effort to change the mindset of looking at things from the old perspective and living in hesitations of history. It is the result of these efforts that the overall exports from India in 2022-23 are expected to be about US$ 765 billion, he said. The Minister said that the government is focused on taking digital connectivity across the length and breadth of the country, with 4G and broadband internet reaching almost every corner of the country. He observed that the seamless digital connectivity enabled India to deliver services on time during the COVID period by facilitating work from home. He said that this express delivery of services through an expansive digital network created over the last 8 years must be duplicated in the logistics sector for timely delivery of goods. He said that Express Delivery Services is yet to come to terms with the huge potential India holds. The Minister noted that scale, efficiency, and building blocks through technology must be utilized to bring down the cost in logistics. He said that the government is taking steps in this direction through massive infrastructure development through PM GatiShakti for smarter and faster planning and implementation of projects, Unified Logistics Interface Platform and dedicated freight corridors. He highlighted that when the Prime Minister said that India can be the trusted partner to the world at the G20 Summit, the message went out that India is ready to do business with its transparent and rule based ecosystem and its highly talented and committed human resource. The Minister said that trust, transparency, and talent will help us in our trade. He said that the Prime Minister's vision for India is big and bold, and the entire world is looking up to India with hope and confidence that the country can deliver. He appreciated the role played by youth in the startup sector and encouraged them to think big and work towards making India a developed country. The Minister said that the Prime Minister’s innovative ideas, including transporting liquid medical oxygen by trains and empty containers by air transport during the COVID-19 pandemic, led to a significant reduction in delivery time and saved numerous lives. He emphasized the importance of speed in determining the success of India and called for newer ideas and ways of doing work in the spirit of togetherness for the country.
Source:PIB
Import consignments are stuck at ports and terminals across the country since April 1 due to glitches in the new payment system. Brihanmumbai Custom Brokers Association, an industry body representing the western region has asked for government help. In their report, they highlighted the issue of non-payment of customs levies on the newly launched portal. In their letter to the directorate general of systems and data management, customs and central excise, they said that its getting difficult to make the payments as the challans are not visible on ICEGATE. “All import consignments, including those of food and medicines which have a short shelf-life, are affected, with agents not being able to take delivery. This is creating hardship patients and chaos in general," an industry executive said to TOI. In a two series tweet, CBIC said "CBIC has noted difficulties being faced by members of the trade in making duty payments over the customs automated system. It maybe noted that an upgraded and modern system of payment is live since 1/4/ 2023. Our technical teams are working overtime to fix some teething issues and the problems being temporarily noticed will be resolved at the earliest." In the new payment system, it enables users to create a virtual wallet account ICEGATE which acts as a mode of payment for custom duties online apart from internet banking and NEFT/RTGS. This is not the first time that the ministry has faced such issues. In the past, GST Network was also full of errors and even the new income tax portals have faced several issues prompting the government to approach the Infosys management to fix them.
Source: Economic Times
INTERNATIONAL
The planning for Techtextil and Texprocess from 23 to 26 April 2024 is off to a promising start. Exhibitors from over 40 countries have already registered to take part. This also includes exhibitors who have decided not to participate in 2022. The coming trade fair editions will revolve around the theme of sustainability and present future-oriented solutions for the textile industry. Start-ups are given an high-visibility platform at the world’s leading trade fairs to find business partners. Techtextil and Texprocess reflect the innovative power of technical textiles, textile manufacturing and processing technologies. This is demonstrated by a broad spectrum of exhibitor presentations and a comprehensive complementary programme, including the Techtextil or Texprocess Innovation Awards. “It is a strong signal that exhibitors we missed at Techtextil and Texprocess 2022 have announced their participation again for the coming year. This confirms the international relevance of the two fairs. We offer the industry’s most important innovation platform for presenting products and technologies to an international audience, exchanging ideas with the industry and expanding knowledge,” explains Sabine Scharrer, Director Techtextil and Texprocess. More than a year before the start of the events, it is already becoming apparent: exhibitors from all over the world are relying on Techtextil and Texprocess as important networking platforms and sales channels for the future. Companies from over 40 countries, including Italy, South Korea and the United States, have already registered to take part. As a new exhibitor country, compared to 2022, Brazil will be represented again. All product segments, from fibres and yarns to nonwovens and coated textiles, including textile manufacturing technology, will be presented at Techtextil. Machines, plants and processes, from cutting, sewing and embroidery technology to printing technologies and finishing, will be on show at Texprocess. Visitors can look forward to Carrington Textiles from Great Britain, Concordia Textiles from Belgium, Everest Textile from Taiwan, Kuraray from Japan, Kusumgar Corporates from India, Groz-Beckert, Outlast Technologies and Sandler from Germany as exhibitors at Techtextil and ASTAS from Turkey, FK GROUP SPA from Italy, Kai Corporation and Tajima Industries from Japan, Amann & Söhne, Assyst/Style3D, bullmer, Brother Internationale Industriemaschinen and Dürkopp Adler from Germany at Texprocess. In addition, numerous organisers of joint stands have declared their participation. From Germany, for example, the IVGT – Industrieverband Veredlung – Garne – Gewebe – Technische Textilien e.V. (Industrial Association for Finishing – Yarns – Fabrics – Technical Textiles), VDMA Services GmbH with the VDMA Textile Machinery, the Saxon joint stand organised by the Verband der Nord-Ostdeutschen Textil- und Bekleidungsindustrie (Association of the North-East German Textile and Clothing Industry) or Bayern Innovativ with a joint presentation. Internationally, country presentations from China, France, Italy, Japan, Spain, the Czech Republic, Turkey and Switzerland are already announced. “Techtextil, and especially the event in Frankfurt, as the leading trade fair for technical textiles and nonwovens, has shown in recent decades that it brings business partners together in one central location – not only from Europe, but from all over the world. We are looking forward to meeting the entire textile world again in Frankfurt at Techtextil 2024 and to holding personal meetings with business friends and partners. The Lenzing Group will continue to bring the idea of sustainability in the fiber industry to the world of technical textiles. Techtextil offers us an ideal platform for this,” says Oliver Spöcker, Director Workwear & Protective Wear, Global Commercial Director FR Fibers at Lenzing AG. “Techtextil in Frankfurt has always been a very important trade fair for SAHM. The Techtextil trade fairs abroad in Atlanta or Mumbai are also part of our trade fair portfolio. This is where we meet our customers and partners and exchange ideas. We missed this very much during the Corona period. We are therefore very much looking forward to Techtextil North America in Atlanta and Techtextil 2024 in Frankfurt,” explains Heike Kollmann, Head of Marketing at SAHM. “The expectations of the entire textile processing industry are very high, also with regard to sustainable development. These must be addressed with future-oriented innovations and products. A sustainable transformation will continue to drive the industry forward decisively. Texprocess plays a decisive role in this. The world’s leading trade fair is the best possible platform for international experts to see innovations, digitalisation and customised solutions and thus to generate sustainable potential,” says Elgar Straub, General Manager of the Texprocess partner association VDMA Textile Care, Fabric and Leather Technologies. “Texprocess is the international trade fair of reference for our industry. It is important for Battistella to be present here and to stay in touch with all the important buyers in the sector. We expect the best innovations in the industry to be in step with the times. We are planning to bring many innovations to our machinery, that we will be presenting at Texprocess. For us, personal encounters with our customers is essential. Building the trust and respect of our customers can only happen in face-to-face meetings. Exhibiting at Texprocess also connects us to a network of possible buyers,” says Michele Battistella, Sales Manager at Battistella. The past Techtextil and Texprocess in June 2022, with an internationality level of 66 percent on the visitor side, confirmed how important it is for the international branch to come together in person at one place. Getting to know new products, expanding specialist knowledge and networking or exchanging experiences were among the most frequently mentioned objectives of trade visitors to Techtextil and Texprocess 2022. 96 percent of visitors to Techtextil and 94 percent to Texprocess achieved their goals for visiting the fair. The coming edition also meets these requirements to a high degree. Here, the international participants in the sector and relevant market players come together in an ideal setting. The extensive complementary programme, including the Techtextil or Texprocess Forum and Innovation Awards, complements the visit to the fair.
Focus on sustainable solutions Sustainability and the EU Textile Strategy already proved to be a highly relevant topic for the branch at previous editions and, in particular, at Techtextil and Texprocess 2022. For example, 96 percent of trade visitors to Techtextil and 97 percent to Texprocess said that sustainability would play a role for their company in the next three to five years. The two leading trade fairs are responding to these developments with a comprehensive range of products. Companies with sustainable products and innovations, as well as recycling technologies, will be specifically highlighted and the complementary programme for information and knowledge exchange expanded. For example, guided tours to selected exhibitors with sustainable solutions will be offered for the first time. Room for something new: start-ups at Techtextil and Texprocess Young, innovative companies receive special attention at Techtextil and Texprocess. They can be targeted in a separate area and have the opportunity to present their products to international decision-makers. At the world’s leading trade fairs, they can find new business partners and customers. They also benefit from international media interest and can access new target groups.
Texprocess presents the denim processing of the future Visitors to Techtextil and Texprocess will find special shows tailored to their interests. For example, a separate area at Texprocess is devoted to denim production and processing. Here, visitors can experience innovative approaches for the growth market of denim at first hand.
Source: Indian textile magazine
The EU Strategy for Sustainable and Circular Textiles, a roadmap outlining the requirements to gradually transition the industry towards a greener economy, was unveiled by the European Commission a year ago. Politicians in Europe are currently receiving a warning from the European textile sector. The sector’s leaders, who are nonetheless ‘cautiously excited’ about the process’ implementation, have noted four issues with it in light of recent developments in Europe. The Euratex confederation recommends four dangers to be avoided along the way while dealing with the EU’s proposal. starting with the sixteen that are currently on the table and their consistency. The industry is requesting that these standards be technically feasible for SMEs, for whom the new regulations will mean increased costs and extra effort. “We are asking for a realistic timetable and a ‘competitiveness test’ for each legislative text before it is adopted,” the confederation said. The sector also emphasises the importance of providing information and support for firms in light of the numerous changes that have been announced. Additionally, it is urging the European Union to take concrete measures to promote the industry, notably by renewing its push for inexpensive energy. Euratex has asked the EU to put its ‘good intentions’ into practise. According to Euratex, which suggests things like a different VAT rate, strict guidelines for public procurement, and closer coordination between producers, brands, and consumers, sustainable and high-quality textiles and clothing must also benefit from competitive advantages in order to stimulate and protect the local sector Competition distortion is still remembered. In its appeal, the confederation demands that imported goods adhere to the same set of laws that govern European manufacture. “Market surveillance must be greatly increased, with a focus on internet sales, but this would involve significant efforts from the Member States, which are not currently accessible,” laments Euratex. The textile industry in Europe has 154,000 enterprises and 1.47 million employees. Every year, the sector exports close to € 53 billion.
Source: Apparel Resources
The UK joining the Indo-Pacific trade bloc (CPTPP), which now has a total GDP of GBP11tn (US$13.75tn), could create new relationships for the apparel industry, UK Fashion and Textile Association (UKFT) CEO Adam Mansell tells Just Style exclusively, however he notes the rules of origin are “very narrow”.
Source: Just-style
Spring trends aren't just reserved for flowers. This year, you'll want to appreciate the vibrant, desert-inspired stripe—especially in outdoor-fabric patterns. And homedécor enthusiasts have designer Liz Lambert and her colorfully chic and sophisticated collaboration, Perennials by Far West, to thank. Lambert’s designs for this Baja-meets-bohemian fabric, which can be stunning on many an outdoor lounger, poolside cabana, and breezy hammock right now, emerged from her extensive and eclectic research process when she embarks on creating a new collection. “I spend a lot of time absorbing inspiration by traveling, reading, shopping at flea markets, and visiting museums around the world,” she says. “And I surround myself with art books and reference materials—everything from magazine tear sheets to swatches of fabrics to rocks I find on the beach.” The designer, who grew up in a seventh-generation Texas cattle-ranching family, calls Austin her home base, and the entire state the single largest influence in her life— one that crosses the border. “Life in Texas is inextricably linked to Mexican culture,” she says. “I grew up with that influence, like most Texans.” And Lambert has spent a lot of time exploring Mexico; today she even owns a home in El Pescadero, a village on the southern end of the state of Baja California Sur. It’s her expert melding of Mexican and Texan cultural vibes and aesthetics that brings her new collection with Perennials to life. “The designs share a quality of light and a certain ease of the pace of existence that gives me time to think and explore,” she explains. “I mostly worked in colors that reflect the sky at golden hour.” The results include such standout combinations as the bold Tejas Stripe in hot pink, the more traditional multihued Serape Stripe in blue and turquoise (seen on the cushions below), and the playful Roadrunner Stripe in a mellow melon tune. When you take the whole set into account, Lambert has dreamed up a color palette and stripe pattern that’ll pair well with almost any décor style. The choice of outdoor fabrics also perfectly match Lambert’s lifestyle. “I live so much of my life outside,” she says. “It was a dream to develop this line of textiles that is both beautiful and so durable.” The latter point was of key concern to the designer, who has long had to replace fabrics annually because they would get beaten up and faded by the sun and salty air at her home in Mexico. This was an issue not just because of the extra expense, but also in terms of sustainability and her desire to waste as few resources as possible. Perennials’ 100 percent solution-dyed acrylic fabrics offered Lambert a natural feel that nonetheless resists ultraviolet degradation. (They’ve been tested in the harsh Arizona desert.) “It’s really wild how these fabrics work,” she says. Each piece is backed by a three-year no-fade guarantee; spilled liquids, including wine, simply run off the surface and rinse away with plain water. “I almost couldn’t believe there was a way to make soft, natural textiles that could endure pretty much anything!” she adds Lambert says she lives by the design mantra “Don’t give the people what they want, show them something they don’t know they want yet.” So she seeks comfort and livability in all her projects, finding her joy in the iterative and meandering process, while still allowing intuition to guide her. “I think the most important thing about decorating a home is that it’s a reflection of the personalities, the way of living, and the experiences of the people inhabiting it,” Lambert says. She’s especially pleased that these fabrics will feel at home in everything from a contemporary beachside bungalow to a Spanish-style stucco home for years to come: “This collection is fairly neutral and works with many styles— that’s why I love it so much.”
Source: Elledecor
Freudenberg Performance Materials Apparel (Freudenberg) is expanding its Super Elastic Interlinings Range with the introduction of the a 100-percent recycled thermoplastic elastomers (rTPE) base content interlining series. In recognition of the growing use of elastic interlinings in apparel and building on the principles of Freudenberg Performance Materials´ Apparel’s House of Sustainability, these new products speak for Freudenberg’s ongoing dedication to high-quality and sustainable solutions, with responsible products in every season. The new, 100-percent rTPE base content interlinings are offered in 40-90 g/m2 weights, with wide applicability — from lightweight knit fabrics with applications in leggings and sports bras to elastic woven fabrics that require medium-to-heavy weights, such as denim, maternity clothes, or casual wear. Sustainable without compromising on quality, the new interlinings offer exceptional elasticity and retain excellent recovery capabilities. In addition to the newly-launched 100-percent rTPE base content interlinings, Freudenberg also offers interlinings from the XB and UE Series. The XB Series are nonwoven interlinings, available in 40-72 g/m2 weights, offering a soft hand feel and light-to-medium weight options with high wash durability. These interlinings can be used across sportswear and fashion segments in areas such as cuffs and the waistbands of leggings. The UE Series is available in 153-220 g/m2 weights, offering high elasticity, good recovery, and strong support. Furthermore, the mesh structure ensures excellent breathability, with application to garments like sports bras. Freudenberg offers a complete range of super elastic interlinings to the market and delivers greater possibilities in active and casual styling — from the soft-to-the-touch, light-to-medium weight, and durable XB Series and the exceptional elasticity and recovery of the 100-percent rTPE base content additions, to the mesh structure of the UE Series that offers both strong support and breathability Freudenberg Performance Materials´ Apparel’s House of Sustainability is a major initiative designed to assist customers in enhancing the sustainability of their garment products and building towards a more sustainable future. Offering the latest innovations and solutions from its House of Sustainability that combine functional and environmental benefits, Freudenberg supports sustainable garments for people and the planet through all manufacturing seasons. Launched for the summer manufacturing season, the 100-percent rTPE base content interlinings reduce the need for virgin materials in apparel while also reducing the demand for the extractive practices necessary to produce such materials. Furthermore, the use of recycled components reduces materials in landfills and oceans, in consideration of full-garment lifecycle management. Through ongoing technological and operational development, Freudenberg will continue to generate new solutions that are better for customers and the environment.
Source: Textile world
INX International Ink Co. announced today it has completed an investment agreement in Gooten, a technology and fulfillment company with U.S. headquarters in New York City. This deal will help Gooten expand its print-on-demand manufacturing network and capabilities globally while enabling INX to accelerate its strategy in digital printing. This is the first investment announced since INX established its $50 million INX Venture Capital investment program in May 2022, with the intent of furthering collaboration with technology and materials science startups that are relevant to the printing inks and coatings value chain. Gooten is a globally distributed company that operates a smart supply chain for brands wanting to utilize on-demand manufacturing. The company does so by combining proprietary technology and operational expertise with a worldwide network of 30+ best-in-class manufacturing partners. Gooten’s digital infrastructure enables automated order fulfillment for eCommerce businesses, retailers, and global merchandise companies to scale production in an on-demand, inventory-free environment. “We are excited to welcome INX as an investor in Gooten,” said Brian Rainey, CEO at Gooten. “As a globally recognized leader in high performance printing inks and coatings, INX’s investment in Gooten recognizes our shared commitment to sustainability, quality, and excellence in everything we do. With the support of INX, we are excited to continue driving innovation, expanding our reach, and delivering exceptional value to our customers and partners through Gooten’s sustainable, on-demand fulfillment model.” Shane Bertsch, INX vice president of Strategic Planning and Innovation, anticipates being able to develop products and invest more resources in the direct-to-object (DTO) segment through the Gooten relationship. “We see Gooten as a catalyst for enabling sustainable, on-demand manufacturing across several categories of interest for INX,” Bertsch said. “We are eager to partner with the Gooten team to bring high quality digital printing solutions and services to our customers and partners.”
Source: Textile world
