The Synthetic & Rayon Textiles Export Promotion Council

MARKET WATCH 7 JULY, 2023

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UP Govt Finalises 1000 Acres Land For Mega Textile And Apparel Park In Lucknow

The Yogi Adityanath led UP government is expecting an investment of Rs 10,000 crores to come to the state through different investors at the proposed park, which will provide employment to one lakh youths and be equipped with h state-ofthe-art facilities in order for it to become globally competitive. The park will be built in Atari keeping the connectivity in consideration. The objective behind setting up of the park is to provide all the necessary requirements related to the textile industry to the traders under one roof, reducing the cost of production. Attari village of the capital city Lucknow has been selected keeping in view the connectivity of the park. It is located 20 kilometres away from NH-20 and SH-20, both of which are four-lane roads connecting Lucknow to Sitapur and Hardoi, respectively. Furthermore, there is also a 20-kilometre outer ring road with six lanes. The park also has good railway connectivity, with Malihabad railway station located 16 kilometres away and Lucknow railway station 40 kilometres away. The Lucknow International Airport is 45 kilometres from the park, while the dedicated freight corridor is 95 kilometres away at Kanpur Node, and the inland container depot is 111 kilometres away in Kanpur. The proposal is to develop the park on a public-private partnership (PPP) model. Under this plan, core infrastructure worth Rs 500 crores will be constructed while a provision of Rs 300 crores has been made for manufacturing units based on a first-come, first-served basis. The park's construction has been divided into three parts to provide cutting-edge facilities: common infrastructure, social infrastructure, and premium space. The common infrastructure includes road networks, 24/7 power supply, water supply, warehouses, zero liquid discharge effluent treatment plant, training and skill development facilities, administrative building with product display facility, and exhibition centre with testing laboratory, etc. The social infrastructure includes workers' hostels, housing zones, medical facilities, commercial and recreational facilities, open spaces and parks, security arrangements, etc. Similarly, the premium space consists of industrial plots and plug and industrial sheds.

Source: Business World

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Exhibition on dyes and chemicals inaugurated in Tiruppur

A three-day exhibition of dyes and chemicals and textile processing solutions (DyeChem World Tirupur) was inaugurated in Tiruppur on Thursday. Organised by NIFT TEA, AIC NIFTTEA, Textile Excellence, and SDC International at IKF Complex, the third edition of the expo has 40 stalls with participants from different parts of the country. Tiruppur Corporation Commissioner Pavankumar G. Giriyappanavar, said at the inaugural that the civic body is geared up for sustainable practices. According to A. Sakthivel, chairman of Federation of Indian Export Organisations, Tiruppur was increasingly depending on green energy. “ In the recent Magic Show in the United States we successfully branded Tiruppur as the Green Town,” he said. Raja Shanmugham, founder-director of Warsaw International, said, “To attract ESG funding, we need to quantify our (ESG) practices so that we will attract buyers and also funds.” The AIC NIFT TEA is doing a survey with the support of Technology Information, Forecasting and Assessment Council (TIFAC), he said. Ahill Rathinasamy, president of Knit Cloth Manufacturers’ Association, added that all the process in the value addition chain in Tiruppur are focusing on energy and water conservation and thus offering retailers sustainable products. According to S Periasamy, chief executive officer of AIC-NIFTTEA Incubation Centre for Textiles and Apparels, there is increasing focus on Environment, Social and Corporate Governance (ESG) in Tiruppur cluster. To solve the problem of salt mixed with effluent, AIC NIFT TEA has developed a salt-free technology, he said.

Source: The Hindu

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Finance Ministry releases Annual Economic Review report, says strong last quarter pushed India's GDP to 7.2% in FY23

The Finance Ministry on Thursday released the Annual Economic Review report for the month of May 2023 and said that a strong final quarter pushed India's GDP to 7.2 per cent in FY 23. This is higher than the 7 per cent estimated in February.The report added that the post-pandemic quarterly trajectories of consumption and investment have crossed the pre-pandemic levels.“The domestic demand has, however, recovered since then and moved from strength to strength in FY23. In the process, it enabled a near convergence of the pre- and post-pandemic quarterly growth trajectories," said Finance Ministry in its report. The report said that external demand did not works for the economy in the second half as well of FY23.“When external demand starts to work, the pre-and post-pandemic trajectories of real GDP will also converge. The supply side served well the demand side in FY23," it stated. The agriculture sector registered a twelve-quarter record high growth rate in the last quarter. The industrial sector rebounded in Q4, driven by manufacturing. The year-end saw the contact-intensive services sector fully recovering to its pre-pandemic expanse and depth. The rising employment levels strengthened domestic demand, said the report. The labour force participation rate (LFPR) in India rose through the pandemic in line with the pre-pandemic trend. The overall unemployment rate declined to a five-year low of 4.1 per cent in FY22, raising with it the worker-population ratio. More recently, in FY23, the urban unemployment rate declined in each quarter, reflecting steady growth in employment levels in the country.“Growing employment levels, in part, have been an outcome of several policy measures implemented over the last few years. These measures strengthened the corporate sector, supported small enterprises, improved the ease of doing business, and attracted foreign capital to increase the employment generation capacity of the economy," it stated. An increase in repo rates has worked for India, enabling a 40-45 per cent of transmission in  lending and deposit rates by the end of FY23, it stated.

Source: Live Mint

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Spinning mills begin strike

Open-end spinning mills have launched a strike in protest against power tariff hike and raw material prices. The mills produce yarn from cotton waste, fabric waste and pet bottles. Over 640 members are involved in production of yarn, including power looms, handlooms and home textiles. "There has been an abnormal increase in cotton prices. Cotton waste is our raw material. The increase in cotton price has, in effect, pushed the price of cotton waste from 50% to 75%,” Recycled Textile Federation's state president M Jayabal told TOI. “Apart from this, the State government hiked electricity charges, which have added strain to our operations. Use of electricity during peak hours, which is from 6-10 am and 6- 10pm, made an additional 15% charge, Jayabal. “Before the hike, for 112 kilowatts under the LTCT, we paid a total amount of 3,920, with 35 per kilowatt. Now, we are paying 153 per kilowatt with a total amount rising to 17,200. Also, use of electricity during peak hours, which is from 6- 10am to 6-10pm, made an additional 15% charge.” “We are not able to run the industry due to the hike in electricity charges and cotton. We ran out of liquidity, with the operators facing almost 4 to 5 lakh loss per month,” he added. The mill operators have begun the strike across the state, demanding the state government to reduce the electricity charges and address the issues of increase in raw material cost.

Source: Times of India

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Threads that bind the oncemigrant populace with its homeland Gujarat

Madurai’s Saurashtrians, numbering close to two lakh families, have playeda vital role in developing the city. They are involvedin the textile, sari andjewellery sectors. | PhotoCredit: G. MOORTHY The design on the dyed piece of handloom fabric becomes apparent as A.K. Ramesh and his wife Vasumathi slowly pull apart the knots they spent weeks tying by hand. And like the pretty geometric patterns that emerge from the negative space, the history of the Sungudi sari mingles with that of the Saurashtra community, which has made it the calling card of Madurai’s weaving industry. It also highlights the link between this oncemigrant populace in southern India with its homeland Gujarat, a tie that has kept them bound to the craft of weaving despite changing times. Hailing from Saurashtra in peninsular Gujarat, the community is thought to have fled repeated invasions, notably of Mahmud of Ghazni (971-1030), and sought refuge in southern India several centuries ago. They were employed mostly as weavers of silk vestments of the royal families in the Vijayanagara Empire, and later, under the patronage of Thirumalai Nayakar, in Madurai and surrounding regions. In Tamil Nadu, Saurashtrians are also known as Pattnool karargal (silk threaders). At present, most of them are settled in Madurai, Thanjavur, Kumbakonam, Paramakudi, Emaneswaram, Tiruchi and Salem.

Source: The Hindu

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Eco-friendly fashion expo begins today

India Handmade Collective (IHMC), a group of artisans, is organising a three-day exhibition and workshop of handmade clothing from July 7 to 9 at C P Arts Centre in Alwarpet. The event aims to spread awareness of the need to support eco-friendly garmets and enhance the livelihoods of local weavers and artisans. IHMC began the collective as a way to support lives of handloom weavers and artisans who were missing out on physical exhibitions due to the lockdown. As the support for the collective grew, so did their initiatives and projects. “The textile industry contributes the most to the world’s . Our wardrobes comprise predominantly of fast fashion and we are unconsciously contributing to this pollution. It can only be stopped if people realise the harmful effects it has on our environment,” says Mahima Thangappan, a member of IHMC. She says even though sustainable fashion is expensive, it would be a small price to collectively pay for a better future free of non-biodegradable waste. “The organic cotton fabrics are dyed in natural dyes making them chemical-free and the buttons are made out of coconut shells to cut down the usage of plastic. Slow fashion is the way to go,” she adds. Other than curating an immersive shopping experience, they will also conduct workshops on techniques like hand spinning, natural dye painting, and coconut shell crafting. Two movies on slow fashion and global fashion, Slowing Down Fast Fashion! and The True Cost, respectively will also be screened. Participants can also engage in discussions on the need for sustainable and eco-friendly fashion in a time when fast fashion is in vogue.

Source: Times of India

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INTERNATIONAL

US apparel sector calls for two-year Extended Producer Responsibility bill

The American Apparel and Footwear Association (AAFA), Accelerating Circularity Inc and American Circular Textiles, penned a letter to Assembly member Luz M Rivas, saying they had a “vested interest” in the success of SB707 and that it is critical it accomplishes what it sets out to achieve as the first-ever national EPR scheme. The organisations are calling for it to be a two-year bill saying the additional time would also afford all stakeholders the ability to learn from both California’s own pilot textiles Extended Producer Responsibility programme passed last year, as well as ongoing efforts in the European Union to stand up a textiles Extended Producer Responsibility programme. The EU Commission proposed rules aimed at making fashion brands and retailers responsible for the full lifecycle of textile products and will require them to financially support the sustainable management of textile waste across the EU.“We are keenly interested in policies that will help progress the textile, apparel, and footwear industry’s sustainability and circularity goals,” the letter reads. It adds: “Well-designed extended producer responsibility (EPR) schemes can play a crucial role in directing investment towards reuse, repair, and recycling infrastructure, and bolstering their respective markets, all while incentivising the prioritisation of product stewardship when designing and manufacturing new products.”

The organisations argue that there remain questions and concerns over how the scope and mechanics of SB 707 can truly support circularity efforts, namely:,How reuse and recycling infrastructure and markets will be better supported, from both a consumer and business perspective, Where the products and materials will be resold for reuse and recycling, and how market demand and infrastructure will be built and supported, How the PRO system will allow existing businesses, for profit and non-profit alike, to participate while aggregating materials sufficiently, Clarity on guidelines with regards to product safety, sorting and material handling, Clarity around brand and retailer responsibility and liability ,Leveraging data to create a needs assessment based on completed pilots to inform success at scale.

How businesses that ship directly to California consumers from but do not have operations in the state will participate. “We worry that the current draft of the proposal will create more problems than it will solve,” the letter continues. “We understand that there are further amendments forthcoming, but at this point, there is not enough time left in the legislative calendar to meaningfully address all the concerns we have either collectively or individually raised. Additional time will afford all stakeholders the ability to work through difficult issues and sincerely collaborate on crafting an effective programme. “This request is not without precedent. The Plastic Pollution Prevention and Packaging Producer Responsibility Act (SB 54) took four years to negotiate, and the infrastructure for plastic waste collection, sorting, and recycling is considerably more developed than similar infrastructure for textiles. We do not wish for negotiations to take as long as they did for SB 54 but would ask for similar opportunities as stakeholders to have robust and frank discussions about this proposal.”

Source: The just-style.com

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MAS Holdings invests in HeiQ AeoniQ to drive sustainable textile manufacturing

The partnership between HeiQ and MAS Holdings aims to address the growing demand for sustainable textiles and promote circularity in the industry. MAS Holdings, being the largest apparel and textile manufacturer in South Asia, is committed to generating 50 per cent of its revenue through sustainable products by 2025. By investing in HeiQ AeoniQ™, MAS is taking a significant stride towards achieving this goal. As part of the investment, MAS will provide a total of US $ 2.5 million to HeiQ AeoniQ™, with an initial contribution of US $ 1.5 million upon contract signature and an additional US $ 1 million upon reaching a predetermined milestone. This investment highlights MAS’s dedication to driving positive environmental impact and signifies their trust in HeiQ AeoniQ™ as a sustainable solution. To facilitate the widespread adoption of HeiQ AeoniQ™ and similar sustainable technologies, HeiQ and MAS have also agreed to a non-binding offtake agreement for five years. Based on the completion of specific milestones and a mutual commercialisation plan, HeiQ expects to receive purchase orders worth up to US $ 100 million over the agreed period. HeiQ AeoniQ™, launched in late 2021, has attracted considerable attention from major players in the textile and clothing industries. The technology enables the production of a cellulosic filament yarn from various nonvalorised feedstock, offering comparable performance to polyester and nylon while maintaining sustainability and circularity. The pilot plant for HeiQ AeoniQ™, located in Austria, has been producing the yarn since the third quarter of 2022. Carlo Centonze, CEO of HeiQ Group, expressed his excitement about the partnership, emphasizing HeiQ’s commitment to disrupting the textile industry with HeiQ AeoniQ™. Suren Fernando, Group Chief Executive Officer of MAS Holdings, reiterated their dedication to driving positive change within the apparel industry and reshaping it through innovation, collaboration, and scale. This strategic investment and partnership between HeiQ and MAS Holdings signify a significant step forward in advancing sustainable practices in the textile industry, offering a promising alternative to traditional synthetic materials and promoting a more circular and environmentally friendly approach to manufacturing.

Source: Apparel Resources

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China Chamber of Commerce for Import and Export of Textile delegation visits BGMEA

The China Chamber of Commerce for Import and Export of Textile (CCCT) delegation, headed by Chairman CAO Jiachang recently visited the Bangladesh Garment Manufacturers and Exporters Association (BGMEA). This is as per a press communiqué, which added the Chinese delegation called on the BGMEA Acting President Syed Nazrul Islam along with Shahidullah Azim, the Vice President, to explore potential collaborations and expand business opportunities between Bangladesh and China in the textile and apparel sector. The delegation members included DAI Kesheng, Director of Membership Department at CCCT; ZHANG Lu from the International Affairs Department at CCCT; LI Zefeng, Chairman of Hebei Textile Import & Export Co. Ltd.; DU Tianyu, Supply Chain Manager of Hebei Textile Import & Export Co. Ltd.; QIN Hongchao, Chairman of Jiangsu Manope Co. Ltd.; and GE Zhenyu (Mike), Vice Country Manager of Jiangsu Guotai Huasheng Ind. Co. Ltd. During the meeting, various trade-related matters were discussed, including the current state of the apparel market, global trends, challenges, and opportunities. The participants also explored ways in which both sides could collaborate to explore trade and investment prospects and mutually benefit from the partnership.

Source: Apparel Resources

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DEMONSTRATES INNOVATION & SUSTAINABILITY DURING SUCCESSFUL ITMA 2023

Boxmeer, The Netherlands – Fiera Milano was from June 8 – 14 2023 home to ITMA, the world’s largest international textile and garment technology exhibition. SPG Prints took a different approach to the show by focusing on the customers’ needs and sustainability. By showcasing its reliable, innovative and sustainable solutions SPG Prints looks back at a very successful ITMA 2023. Sustainability put into practice Participating in ITMA, SPG Prints found it very important to do so in a sustainable way, with the ambition to have a small environmental footprint and a 100% renewable booth. Not only talk the talk, but also walk the walk. This led to a booth which consisted of recyclable and reusable materials, for instance a chip wood floor and a large printed curtain as booth divider. In order to keep the footprint low and not to create excess waste, no running machines were present. This was highlighted by placing the machines tilted, which also created a spectacular look High quality customer conversations The different booth approach also meant that SPG Prints could better address customer specific questions and challenges since focus was not on machines but on the complete knowhow and portfolio SPG Prints has to offer. This was also highlighted during the several TECH Talks, in which industry relevant topics like sustainable printing, when rotary/when digital and others were presented multiple times per day. SPG Prints even looked into the future with a presentation about Future Fabric, in which the combination of textile printing and printed electronics was explained and made practically applicable. Continuous innovation As inventor of rotary screen technology and initiator of digital textile printing, SPG Prints showed innovations in both rotary screen and digital printing. For rotary screen printing the TEAK, 2.45 meters including universal repeat, was showcased and the Eucalyptus, 3.25 meters wide printer was announced. Also the new laser engraver Maple and the textile screens portfolio were put in the spotlight, emphasizing the paste-savings which add up to 22%! For digital printing, innovation was shown by the complete portfolio of 6 printer models SPG Prints has to offer. The good-better-best approach leads to a solution for every situation, depending on the customer’s needs. Especially in combination with the SPG Prints inks, like the pigments with binder in the ink. And the introduction of Archer+ Pro shows that also on software SPG Prints keeps innovating. Archer+ Pro automatically corrects print head deviations and alignments, maximizing the print quality and the productivity. Customers choose SPG Prints The focus on customers questions and challenges, the new approach and complete portfolio has also led to commercial success’, even more than expected. SPG Prints signed contracts with customers from all over the world for digital machines, rotary machines, engraving equipment and consumable contracts which confirms that SPG Prints really is, a total solution provider.

Source: Textile Value Chain

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