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India’s cotton textile sector is at an important stage, given the trade situation between other major cotton producing and trading countries.

A team from handloom, textiles and handicraft department of Odisha, comprising Shubha Sarma, commissioner-cum-secretary and senior officers heading different wings visited Telangana State to study the handloom sector. The visit was coordinated by Dr MCR HRD Institute of Telangana.

KARACHI: Textile exports rose around nine percent to $13.53 billion for the fiscal year ended June 30 as financial incentives improved competitiveness of the key export-oriented sector, official data showed on Friday.

Cotton analyst Naseem Usman said a spell of monsoon rains in Sindh could help growers to go for cotton sowing again in many areas and compensate earlier losses. The world leading cotton markets also maintained an rising drift, with Indian cotton gaining INR100 more to INR 46,600 per candy (356 kg).

This deal seeks to help Asahi Kasei, which makes artificial leather for car interiors, to create a complete supply chain from raw materials to finished products. High-quality automotive textiles are in high demand and Asahi Kasei expects its sales to rise after the acquisition.

HGH India 2018, 7th annual edition of the trade show for Home Textiles, Home Décor, Houseware, and Gifts received an overwhelming response from the trade visitors and the industry.

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