Friday, 6 November 2015

Nano-Filtration - An Effective Way For Textile Effluent Treatment

Nano-Filtration - Textile effluent treatment

The 21st century has brought upon the global textile industry, the urgent need to reduce the water wastage, pertaining to the manufacturing process. This need has been further pressed by the fact that regulations on the discharge of effluent have been tightened all across the globe. Textile as an industry expels humongous amounts of water as waste, which makes it essential for it to find out some feasible production techniques, which in turn helps the industry meet the regulatory standards.

Thursday, 29 October 2015

20 Percent Annual Growth Expected In Technical Textile Industry.

Technical textile Industry

Technical Textiles, as you may already know are nothing but the textile products manufactured for purposes other than aesthetic. These include the textiles required for application in automotive, medical textiles, agro-textiles, as well as those required for making protective clothing, such as spacesuits, bulletproof vests, or that worn by the fire-fighters and welders etc.  Technical textiles also include materials and products used for their technical performance and functional properties such as tyre cords, airbags, industrial textiles, furniture lining, tents, parachutes etc.

Friday, 23 October 2015

Repo Rate Cut Welcomed By Textile Industry

Repo rate cut by RBI

To begin with, Repo Rate is precisely the rate at which the Central Bank of the country lends money to all commercial banks during the event of shortage of funds.

In a recent financial move the RBI Governor, Dr. Raghuram Rajan announced a cutback on the current repo rate from 7.25 percent to 6.75 percent, which was brought into effect immediately on 29th September, 2015. This repo rate deduction of 50 basis points has been more than welcomed by the textile industry of the country, simply for the reason that this cut will majorly benefit capital-intensive industries.

Thursday, 8 October 2015

Reinventing Home Furnishing Textile through Recycling

As surprising as it may sound, the urban waste comprises of a substantial amount of textile wastes, which usually comes from the end-consumers. While there are certain commercial as well as charity organisations that come forward and take up some part of this waste, but the better part of it is still discarded. It is dues to the unending burden of this waste, that new possibilities are being tapped so as to make it commercially viable.

Wednesday, 30 September 2015

Knit city of India "Tirupur"

Kint city of India

Tirupur, a small town in the state of Tamil Nadu, started off as a market for raw cotton back in the day, has today become a strong base for the setting up of cotton ginning factories. In due course, the local economy of this South-Indian town gave way to hosiery cluster and is today known as the country’s biggest knitwear cluster accounting to a whopping 90% of the nation’s total knitwear exports.  Let us take a closer look at what is now known as the ‘Knit City of India’ and rightly so!

Wednesday, 23 September 2015

Importance of GST(Goods and Services Tax) For Textile Industry

Goods and services Tax

The Goods and Services Tax or GST is a form of Value Added Tax which is predisposed to include all the indirect taxes and would be the same for every region of the country unlike the VAT. Simply put, the GST will allow the state government to get a share that was earlier entitled only to the centre in the form of Central Sales Tax.The Goods and Services Tax, if and when approved will benefit the textile industry in more than one ways, and hence it is only just to study the importance of GST in this context.

Thursday, 17 September 2015

Tamil Nadu announces Schemes to boost textile Industry

Indian Textile Industry

It was only this month that the Tamil Nadu State Government announced various schemes to boost the state’s textile industry. In fact, the Chief Minister of the State, Ms Jayalalitha also waved a green flag for the setting up of a panel which is assumed to aid integrated development of this sector.