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by GD Jasuja  April 27, 2011 5:16 pm

CONTENTS – FEBRUARY 2011

(VOL. 25, NO. 2)
 
7 EDITORIAL : LET INDIA FOCUS ON "MAKING THE FUTURE"
 
11 EXECUTIVE PAGES
 
* Constuction and Modelling Men's Trousers 
* Colourtex Recipe for 100% PES Poonam Saree
* Canal Lining with Geosynthetics
* The World of Adaptable Awnings
* Water Conservation Through Fabric Products
* Inspection of Fabric Rolls in China
* Quality Control & Inspection : Cutting Defect Rates  
* Recipe for Wrinkle Interlining Finish from Kunal 
 
35 THE TECHNOLOGY OF TERRY TOWEL PRODUCTION
 
65 THE DEVELOPMENT OF NEW DISPERSE DYE INKS FOR INKJET TEXTILE PRINTING
 
71 INTERNATIONAL BUSINESS PAGES
 
* Fashion & Clothing:Retail Sector in Romania
* Paris Fashion Week
* Business Inquiries
* Asian Fashion Rising:Report from Hong Kong
* Texworld 2011 
* International News & Developments 
* India's Exports of Synthetic & Rayon Textiles 
 
95 NEWS BRIEFS
by ganari  January 7, 2011 5:00 am

Executive Pages : January 2011

* Recipe for Anti-Microbial Finish from Kunal
* Construction and Modelling Garment
* New Technologies in Textile Dyeing & Finishing
* Avoiding Fabric Holes Caused by Needle Cuts
* Acoustic Cloth Senses, Emits Sonic Signals
* Nano-Textiles : Manufacturing & Applications
* Linen Fibres With a Difference
* Colourtex Recipe for PES Royal Crepe Fabric
 
by GD Jasuja   3:43 am

Editorial : November 2010

Increase Productivity and Learn Risk Management to Counter/Neutralize the Impact of Rising Rupee

GD Jasuja - EditorTextile & Clothing is an important sector in India’s export basket. This sector has negligible use of imported inputs and is an employer of a large number of people in India. Rupee appreciation in the past has resulted in loss in export growth both in textile as well as in the readymade garment (RMG) sector. Clothing sector is highly labour intensive. An investment of Rs.100 Million generates 500 direct and 200 indirect jobs. Around 5.8 million people are engaged in apparel industry. Any slowdown in the export growth will adversely affect the employment generation. In fact, in many sub categories, job losses are already reported. It is estimated that for every percentage point of appreciation, profitability of exports in the textile sector is hit by 1.2%.

RBI has clearly indicated that it is going to intervene to contain the rise in rupee to avoid it’s negative impact on exporters. As India’s exports are at stake, government of India also needs to gear up to take appropriate steps to neutralize the effect of rupee appreciation, mainly in the form of providing several incentives to exporters and enhancing some of the existing ones. It is widely feared that profits will tank for the textile industry if the rupee goes below 44 against the US dollar. The rupee’s rise will certainly trim down profit margins and hit export competitiveness. Firms should, therefore, handle their foreign exchange with due care. As India is gradually getting integrated with the world economy, currency volatility will become a normal affair. Similarly, it is important for the firms – that are already enjoying several incentives for quite sometime – to enhance their productivity with the help of such incentives. Higher productivity leads to lower cost of production, and thus it can play a key role in neutralizing the loss that may occur due to currency appreciation. Within the industry also, we can see that the effect of rupee appreciation varies among firms. More productive firms can absorb the loss in a better way. Furthermore, firms need to learn sophisticated methods of risk management to maintain a favourable foreign currency hedge in view of the volatile currency market which has already become the order of the day.
Chinese are very much under pressure to appreciate their currency. The appreciation of the yuan, together with rising raw material and labor costs, has already squeezed profit margins in China’s textile industry. The yuan rose 21 percent against the U.S. dollar from 2005 to 2008. It is feared that if the yuan actually appreciates 5 percent from the current level against the U.S. dollar, then over half of China’s home textile companies will go bankrupt.
To cope with yuan appreciation, Chinese textile companies have already started vigorously promoting industry upgradation and technological innovation to achieve value addition. They have also started making structural adjustment to focus on the huge domestic market.
We got to do the same to be in the business of exports.

Textile & Clothing is an important sector in India’s export basket. This sector has negligible use of imported inputs and is an employer of a large number of people in India. Rupee appreciation in the past has resulted in loss in export growth both in textile as well as in the readymade garment (RMG) sector. Clothing sector is highly labour intensive. An investment of Rs.100 Million generates 500 direct and 200 indirect jobs. Around 5.8 million people are engaged in apparel industry. Any slowdown in the export growth will adversely affect the employment generation. In fact, in many sub categories, job losses are already reported. It is estimated that for every percentage point of appreciation, profitability of exports in the textile sector is hit by 1.2%.
RBI has clearly indicated that it is going to intervene to contain the rise in rupee to avoid it’s negative impact on exporters. As India’s exports are at stake, government of India also needs to gear up to take appropriate steps to neutralize the effect of rupee appreciation, mainly in the form of providing several incentives to exporters and enhancing some of the existing ones. It is widely feared that profits will tank for the textile industry if the rupee goes below 44 against the US dollar. The rupee’s rise will certainly trim down profit margins and hit export competitiveness. Firms should, therefore, handle their foreign exchange with due care. As India is gradually getting integrated with the world economy, currency volatility will become a normal affair. Similarly, it is important for the firms – that are already enjoying several incentives for quite sometime – to enhance their productivity with the help of such incentives. Higher productivity leads to lower cost of production, and thus it can play a key role in neutralizing the loss that may occur due to currency appreciation. Within the industry also, we can see that the effect of rupee appreciation varies among firms. More productive firms can absorb the loss in a better way. Furthermore, firms need to learn sophisticated methods of risk management to maintain a favourable foreign currency hedge in view of the volatile currency market which has already become the order of the day.
Chinese are very much under pressure to appreciate their currency. The appreciation of the yuan, together with rising raw material and labor costs, has already squeezed profit margins in China’s textile industry. The yuan rose 21 percent against the U.S. dollar from 2005 to 2008. It is feared that if the yuan actually appreciates 5 percent from the current level against the U.S. dollar, then over half of China’s home textile companies will go bankrupt.
To cope with yuan appreciation, Chinese textile companies have already started vigorously promoting industry upgradation and technological innovation to achieve value addition. They have also started making structural adjustment to focus on the huge domestic market.
We got to do the same to be in the business of exports.

GD Jasuja

by ganari   3:38 am
NOVEMBER 2010
(VOL. 24, NO. 11)
 
7 EDITORIAL : "INCREASE PRODUCTIVITY AND LEARN
RISK MANAGEMENT TO COUNTER/NEUTRALIZE THE
IMPACT OF RISING RUPEE"
 
13 EXECUTIVE PAGES
 
* Recipe for Wrinkle Resistant Finish from Kunal
* US Apparel Retailers Start Looking Beyond China
* Molecular Mfg. for Clean Low Cost Production
* Swiss Textile Federation : A Profile
* Techtextil N. America Symposium (15-17/3/2011)
* Remote Monitoring of Patients with Healthwear
* 31st AGM of Apparel Export Promotion Council
* IT Adoption in the Apparel Industry
* Body Scanning for Well-fitting Garments
* Colourtex Recipe for PES Rus-Gulla Dress
 
38 UV PROTECTED TEXTILES : AN OVERVIEW
 
52 ENJOY THE SUN SAFELY – TEXTILE UV PROTECTION
 
56 INTERNATIONAL BUSINESS PAGES
 
Bringing HOPE to Haiti's Apparel Industry –
Improving Competitiveness through Factory
Level Value-chain Analysis
 
96 News Briefs
by ganari   3:05 am
DECEMBER 2010
(VOL. 24, NO. 12)

7 EDITORIAL : "THINK GLOBALLY, ACT STRATEGICALLY"

11 EXECUTIVE PAGES

 

* Recipe for Wrinkle Resistant Finish from Kunal

* Nano Textiles : Facts Behind the Fabrics

* Karl Meyer's TM2 Tricot M/c for Mattress Covers

* 3D Fibrin Textiles for the Biomedical Sector

* Alexium Inc:Leader in Reactive Surface Treatment

* Cornleaf Yarn from PLA Biopolymer

* Montex 6500-6F Stenter for Yelcin Tekstil, Turkey  

* Trutzscler Spinning Machines for Vietnam

* German Textile Machinery in Brazil

* Colourtex Recipe for 100% PES Rusgulla Fabric

 

34 INTERNATIONAL DENIM CONFERENCE

ORGANISED BY TEXTILE ASSOCIATION (INDIA) –

AHMEDABAD UNIT AND FIBRE2FASHION.COM

AT IIM, AHMEDABAD

42 ENGYME BIOTECHNOLOGY FOR SUSTAINABLE  TEXTILES

58 INTERNATIONAL BUSINESS PAGES

 

* The Impact of World Recession on the Textile  and Garment Industries of Asia

* Retail Apparel Market in Canada

 

* International News & Developments

94 News Briefs

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