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Birla Cellulose has come up with its new Circular Fiber Blend that significantly enhances the proportion of mechanically recycled fibre to 50 per cent while maintaining high-strength yarn, making it ideal for fabric and garment production across diverse categories. Birla Cellulose is the division responsible for pulp and fibres within the Aditya Birla Group and it is a prominent producer specialising in environmentally conscious Man-Made Cellulosic Fibres (MMCF). In a press release, the company informed that the Circular Yarn Blend promises exceptional sustainability credentials, including recognition from the Global Recycle Standard (GRS) for Pre-& Post-Consumer Waste (PCW) materials, the Recycled Claim Standard (RCS), FSC certification, and High Index certification. It also incorporates block chain technology, enabling full traceability of the yarn blend. The mechanical recycling process used to convert PCW waste into fibre is chemical-free and the most energyefficient process for sustainable yarn production. Through mechanical recycling, the process minimises energy consumption, making it highly energy-efficient. Additionally, it is eco-friendly and this method also has the lowest greenhouse gas emissions, significantly reducing the carbon footprint. The process also ensures minimal water usage throughout its lifecycle. ManMohan Singh, Chief Marketing Officer, of Birla Cellulose adds “Birla Cellulose takes great pride in introducing an innovative approach to recycle mechanical textile waste, utilising cutting-edge technology for both pre and post-consumer textile waste. Our goal is to create a sustainable environment, fostering eco-friendly practices. We are confident that this initiative will encourage the textile industry to adopt more sustainable options, meeting consumer demand while upholding the highest quality standards and sustainable practices.’’ The sustainable fibres offered by Birla Cellulose’s extensive product line allow the company to serve various markets. Their fibres, like Viscose, Modal, and Lyocell, are known for being soft, comfortable, and easy to work with.
Source: Apparel Resources
The Quick Estimates of Index of Industrial Production (IIP) are released on 12 of every month (or previous working day if 12 is a holiday) with a six weeks lag and compiled with data received from source agencies, which in turn receive the data from the producing factories/ establishments. For the month of August 2023, the Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 stands at 145.1. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of August 2023 stand at 111.9, 143.5 and 220.5 respectively. These Quick Estimates will undergo revision in subsequent releases as per the revision policy of IIP. As per Use-based classification, the indices stand at 145.4 for Primary Goods, 107.0 for Capital Goods, 156.1 for Intermediate Goods and 175.5 for Infrastructure/ Construction Goods for the month of August 2023. Further, the indices for Consumer durables and Consumer non-durables stand at 122.8 and 147.0 respectively for the month of August 2023. 13/23, 10:28 AM Press Information Bureau https://pib.gov.in/PressReleseDetailm.aspx?PRID=1967120 2/10 Details of Quick Estimates of the Index of Industrial Production for the month of August 2023 at Sectoral, 2-digit level of National Industrial Classification (NIC-2008) and by Use-based classification are given at Statements I, II and III respectively. Also, for users to appreciate the changes in the industrial sector, Statement IV provides month-wise indices for the last 12 months, by industry groups (as per 2-digit level of NIC-2008) and sectors. Along with the Quick Estimates of IIP for the month of August 2023, the indices for July 2023 have undergone the first revision and those for May 2023 have undergone final revision in the light of the updated data received from the source agencies. The Quick Estimates for August 2023, the first revision for July 2023 and the final revision for May 2023 have been compiled at weighted response rates of 92 percent, 94 percent and 95 percent respectively. Release of the Index for September 2023 will be on Friday, 10 November 2023.
Source: PIB
Union Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution and Textiles, Shri Piyush Goyal highlighted various reforms and schemes undertaken by the government to support the manufacturing ecosystem and welcomed the suggestions to catalyse the process for achieving economies of scale. While chairing the “Chintan Shivir - Unleashing the power of India’s Manufacturing Industry" at Bharat Mandapam, New Delhi today, the Minister commended the attendees, recognizing their spirited engagement and unwavering dedication to propelling India's manufacturing sector to scale greater heights and to become globally competitive. Shri Goyal also asked the industry to accelerate production activity and contribute in making India a global hub for manufacturing. The Minister emphasized the Government's steadfast commitment to providing consistent policies while acknowledging the pivotal role and the support from industry leaders. The presence of Union Minister of State for Commerce and Industry, Shri Som Prakash, further underscored the significance of the occasion, emphasizing the collaborative spirit driving India's industrial growth. The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry in association with SCALE Committee and Invest India organized a “Chintan Shivir - Unleashing the power of India’s manufacturing industry". The event brought together industry leaders from across CII, FICCI, ASSOCHAM, ACMA, SIAM along with knowledge partners BCG and McKinsey. The event was successfully hosted at Bharat Mandapam, Pragati Maidan, New Delhi today. The conclave served as a crucial platform for discussing the challenges and opportunities within India’s manufacturing sector. The major focus was to understand and deliberate on increasing manufacturing capacities across various sectors and enhance contribution to GDP by 2030. The event evoked enriching discussions on 12 sectors (Textiles, Capital Goods, Auto and EV, Defence, Aerospace & Space, Metals & Mining, Leather & Footwear, Energy, Food Processing, Chemicals, Medical Devices, ESDM Value Chains, Drones) from manufacturing industry on key topics such as creating manufacturing ecosystem, maintaining quality standards, promoting domestic value addition, government policies and support, fostering industry agility These discussions laid the foundation for innovative strategies, trade enhancement, integration with global supply chains and increased investments in the Indian Manufacturing Industry. The presentations made by each sector encompassed a comprehensive industry snapshot, detailing the current and projected industry potential and export potential. The presentations delved into the critical enablers necessary for achieving these goals spanning the ecosystem, policy landscape, technological advancements, and skill development initiatives. Moreover, attendees experienced a detailed overview of the proposed collaborative plans between the government and the industry to drive these initiatives forward. The discussions were the culmination to the sector-based brainstorming session of the working groups held with Industry Members and the SCALE Committee.
Source: PIB
Commerce and industry minister Piyush Goyal on Thursday asked the domestic industry to accelerate production activity and make India a global manufacturing hub. He was addressing industry leaders at a chintan shivir (brainstorming session) where issues related to creating a manufacturing ecosystem, maintaining quality standards, promoting domestic value addition, government policies and support, and fostering industry agility were discussed. "He (Goyal) asked the industry to accelerate production activity and contribute to making India a global hub for manufacturing," the commerce and industry ministry said in a statement. Representatives from industry bodies CII, FICCI and Assocham, and the automobile sector, along with knowledge partners BCG and McKinsey, participated in the deliberations. "The focus was to understand and deliberate on increasing manufacturing capacities across various sectors and enhance contribution to GDP by 2030," the ministry said. The discussions took place on 12 sectors, including textiles, capital goods and defence.
Source: Economic times
Negotiators from India and the UK are sweating it out in New Delhi as they are trying to narrow differences on a handful of contentious issues holding back the IndiaUK Free Trade Agreement–including work visas for Indians and tariffs on Scotch Whisky and automobiles– before UK Prime Minister lands in India this monthend. “Both sides are hopeful that Sunak and Prime Minister Narendra Modi will be able to take some final hard decisions related to the tricky areas of work visas, tariffs on key items, intellectual property rights (IPRs), digital trade, professional services and rules of origin, but the ground has to be ready for it. The lesser the remaining differences the better the chances of the FTA being finalised during Sunak’s visit,” a source tracking the matter told.
Need to put in more efforts While Commerce Secretary Sunil Barthwal recently led his team to London for a round of consultations on the FTA where “some progress’’ was made on certain issues, including rules of origin and tariffs, more effort needs to be put in as both sides are playing tough and don’t want to cede too much ground, the source added. “The UK side is not willing to offer much in the area of work visas, a primary demand from India, as there is pressure within the ruling party against relaxations. India, on the other hand, has its own redlines in the areas of IPR and digital trade. It also has to carefully weigh what it finally offers in terms of market access for Scotch whisky and automobiles in order to continue protecting domestic industry,” the source said.
Both sides are hopeful that the proposed FTA, if implemented soon, would double bilateral trade to $100 billion by 2030. Sunak and Modi will be under pressure to deliver the FTA during the British PM’s visit, or soon after, as a failure to do so may delay the pact indefinitely as the BJP-led government may then get busy preparing for the general elections tentatively scheduled in AprilMay 2024.
Progress so far Of the 26 chapters in the proposed India-UK FTA, as many as 19 are agreed upon, per officials. The areas covered in the negotiations include, goods, services, investments, government procurement, accounting and auditing, legal, digital trade, sustainability, and intellectual property.
Source: The Hindu business line
Union Ministry of Textiles team led by Invest India Project Coordinator Harpreet Singh on Wednesday examined cotton fabric products, woven by handloom weavers of Pulagurthi Handloom Cooperative Society (PHCS), reported The Hindu. This inspection was carried to promote it under the One District One Product (ODOP). The village is Anaparthy Mandal in the East Godavari district. The ODOP initiative aims at promoting a unique product of each district in the country for better marketing facilities. The central team has interacted with the handloom weavers on procurement of cotton, range of fabric varieties and production. A.P. State Commissioner of Textiles K. Srikanth Prabhakar, East Godavari Joint Collector N. Tej Bharat and other officials were present.
Source: KNN
INTERNATIONAL
Accelerating Circularity’s mission is to catalyze circular new supply chains and business models to turn used textiles into mainstream raw materials. Accelerating Circularity will be hosting a workshop at the Textile Exchange conference in London to share what can technically be done with mechanically recycled cotton. The workshop is called the “Reality Zone,” highlighting commercially available mechanically recycled cotton fibers, fabrics, and garments. The goal is to increase the utilization of these products. The workshop is October 27th at 9:30 and a database will be launched publicly at this event. In partnership with Bank and Vogue and Beyond Retro, Accelerating Circularity is hosting a unique “Circularity Live” immersive event to allow attendees to touch and feel garments from the circular economy. The garments featured will be made of mechanically recycled cotton from the ACP network and will be curated with Beyond Retro vintage styling on October 26th at 6:30pm at the Beyond Retro store in Coal Drops Yard, London. “Our goal is to use these events to reinforce what can be done here and now with mechanically recycled cotton to make an impact to reduce textile waste going to landfills,” shared Karla Magruder, Founder, and President of Accelerating Circularity. “By adopting and incorporating higher volumes of recycled cotton into the production process, we can move toward more circular supply chains. Partnering with Bank & Vogue and Beyond Retro as they demonstrate a commitment to sustainable fashion and to building a closed-loop economy.”
Source: Textile world
India ITME Society, organizer ITME Africa & Middle East 2023 hosted a Preview & Curtain Raiser program on 11th October 2023 at the brand-new facility ITME Center, Nariman Point, Mumbai. This networking presentation was to showcase a glimpse of the upcoming international exhibition ITME Africa & M.E 2023 from 30th Nov to 2nd Dec 2023 at Nairobi, Kenya. This is the 2nd event of the series hosted for global audience; The 1st event was hosted in Nairobi, Kenya on 3rd October in the presence of Senior Kenyan Govt. Officials & Embassy participation. The highlights & topics at this Mumbai edition’s Curtain Raiser & Preview covered by eminent Dignitaries & Speakers, included Strength of Indian Textile & How Africa can collaborate with India to lead the Textile Industry by Industry expert & experienced Textile professionalMr. Updeep Singh. Africa a land of Opportunities for India & how Exhibition can be a gateway for bilateral trade for the Textile Industry promotion by Mr. Balvinder Singh Sawhney, Asst. Secretary General, FICCI, Views on Technical Textiles & the future by Mr. Pramod Khosla, Chairman & Managing Director, Khosla Profil Pvt. Ltd. Increase in business Engagement between India and Africa since 2020 in Textile Segment by Mr. Avinash Mayekar, Managing Director, Suvin. ITME Africa & Middle East 2023 promises to offer an unique and valuable experience for all participants. Whether it is to gain insights, network with industry leaders, Business interactions or Joint Ventures, this event will provide ample networking opportunities, and direct connect with professionals and peers. Apart from the 3-day Exhibition, ITME Africa & Middle shall also host multiple concurrent programs such as panel discussions and interactive sessions on Technical & Financial topics that will enhance knowledge and skills. These interactive & focused sessions by renowned Speakers & Industry stalwarts shall bring best opportunity to listen, interact & learn from experts doing groundbreaking work in the textile & textile engineering industry: Investment & Technology Joint Venture : Kenya as a business destination Gateway to Middle East, EU & US Markets. Africa- The Next Big Destination for Textile Manufacturing. Financial Solutions for Investments & Technology upgradation : Funding for; Investment & Sourcing capital goods from India Start-ups, Entrepreneurs in Textile Segment Domestic Financial Schemes for Kenyan Textile Industry Kenya – A Success story Textile Business & Investment. Technical & Technological Seminar Good Practices of cultivating quality cotton fibre | Importance of Physical properties of cotton in textile industry by Cotton Expert. Technological advancement for cotton ginning & high production by Ginning Expert. Ideas & Best Practices for spinning profits in Textile Industry by Spinning Specialist. Panel Discussion Textile Technology empowering complete textile value chain of African continent & M.E. (Participating Countries – India, Italy, China, Switzerland) Many Government organization & Associations from Kenya have joined hands with India ITME Society to host this Textile Technology & Engineering event to bring prosperity to the whole of African Continent & explore potential of Kenya as a new business destination along with other 23 exhibiting countries – Austria, Benin, China, Egypt, Ethiopia, Germany, Ghana, Italy, Jordan, Kenya, Nigeria, Rwanda, South Africa, Spain, Sri Lanka, Taiwan, Togo, Turkey, Tunisia, Uganda, Unites States of America & Zambia apart from India Addressing the media, Mr. Ketan Sanghvi, Chairman, India ITME Society said “ITME Africa & Middle East 2023 is an important milestone in enhancing bilateral trade relations and promoting industrial cooperation between Kenya and India. This partnership aims to leverage the business potential of both the countries and build on the innovation, economic growth and sustainability goals of their respective textile technology and engineering industries. With as many as 23 countries taking part in the India ITME Society exhibition in Kenya, Africa is sure to derive the immense benefits of investing in future partnerships and building successful business ventures in the entire African region.” In the press conference Mr. Updeep Singh, Textile Industry Expert “India possesses a robust textile engineering foundation and boasts the world’s second-largest textile industry, featuring manufacturing facilities. With this being the focus, the efforts of the ITME society by hosting their quadrennial event ITME Africa & Middle East 2023 in Nairobi Kenya will attract more attention towards the Kenyan textile industry and also showcase the business potential of the country, globally. This will increase visibility and business inquiries and widen opportunities for India’s exports in Textiles and Machinery businesses leveraging an untapped customer base of the African continent.” He also added “Now, with the addition of the African Union in the G20 Summit conducted in New Delhi, the trade volumes with India is expected to rise in the Continent and Textile machinery companies should capitalize on this.” Mr. Pramod Khosla, Chairman & Managing Director, Khosla Profil Pvt. Ltd. brought attention to the fact that there is tremendous scope in infrastructure development in most of African Countries which can be a great opportunity for Geo textile and also for many other Technical Textiles segment such as Indutech, Packtech, Buildtech Protech etc. “India ITME society has taken the right steps to promote trade relations between India and Africa that will help the textile industry and allied ventures by generating demand and boosting production in the African Continent. Mr Balvinder Singh Sawhney, Asst. Secretary General, FICCI emphasised that exhibition provides less riskier & cost competitive platform to explore new ventures & new shows especially for Small Medium Businesses. His three ‘‘E’s” mantra to industry is “Explore & Expand with Exhibition”.
Source: Textile world
A US textile recycling project run has received a further $10 million grant to take its funding past $60 million for a project to start up a new ‘accelerator’ facility in North Carolina to help turn textile waste into new yarn. When finished, the new 40,000 square-foot facility will serve as a regional hub for textile circularity and is spearheaded by the Industrial Commons woman-owned and -led non-profit. It aims to create jobs across the three states of North and South Carolina and Tennessee and will house skilled training facilities, as well as incubator space for start-ups and scaling brands that work in the circular textile economy.
Source: The Eco Textile
American consumers could lose $31 billion in spending power if U.S. tariffs are raised on common household products like microwaves and T-shirts imported from China, according to a new report released today by the National Retail Federation. The study, “Estimated Impacts of Changes to China’s Tariff Status,” examines how ending the country’s permanent normal trade relations (PNTR) trade status would impact five specific consumer product categories including toys, furniture, apparel, household appliances and footwear. Policymakers are expressing a growing interest in changing trade policy and practices between the United States and China, including the potential removal of China’s PNTR status. PNTR is a legal status that extends to China the same tariff rates applied to other U.S. trading partners. Congress approved China’s PNTR status in 2000 when it officially joined the World Trade Organization. NRF and other industry organizations are examining the potential effect this would have on businesses, consumers and the economy. Eliminating China’s PNTR status would subject imports from China – both finished goods and inputs to production – to significantly higher tariff rates. “Even though significant efforts have been made in recent years to diversify sourcing, China continues to play an important role in the supply chain of many retailers and other global industries, from sourcing raw materials to manufacturing and production,” NRF Vice President of Supply Chain and Customs Policy Jonathan Gold said. “It would be impossible for American families to escape the higher costs from dramatic tariff increases on necessities such as apparel, footwear, furniture, appliances and toys.”
Source: Textile world
