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MAHENG/2007/20880 Vol. 14 No. 279 Mumbai, Friday, 27 August 2021 Posted Under Regn. No.

PLG/67/2021-2023 Pages 06

COVID – 19
WORLD INDIA USA
215,362,504 4,485,543 32,602,325 436,889 39,296,231 650,906
UPDATE Total Cases Total Deaths Total Cases Total Deaths Total Cases Total Deaths

Maharashtra Tamil Nadu Karnataka NCT of Delhi


6437680 136571 2605647 34788 2942250 37206 1437550 25080
Total Cases Total Deaths Total Cases Total Deaths Total Cases Total Deaths Total Cases Total Deaths

NSE (26 August 2021) - Reliance 2,230.45 27.85 (+1.26%) Welspun India 127.00 0.60 (-0.47%) Raymond 395.20 5.35 (-1.34%) For More Turn to Page 02

Samarth Training
NITMA lauds recommendation to impose ADD Centres benefitted
on PSY, Pleads for Expeditious Notification0 1,565 artisans
New Delhi: In order
to meet the skill gap in the
online meetings. Also, members of being cleared @ zero duty. consequence of which most of
NITMA & many other producers of
industry, Ministry of Textiles is
Following is the country- the units have become NPAs &
PSY throughout the country have wise data on import of Virgin the rest are on the verge of being implementing Samarth Scheme
had to carry out an immensely Polyester spun yarn from 2015- declared as NPAs. for Capacity Building in Textile
meticulous exercise, amidst the 2020, which explains that there He also added that out of Sector.
pandemic, of collecting data is an urgent need for notifying the total producers of PSY in The objective of the scheme
from one of the most fragmented imposition of ADD on Polyester India, only a handful of them are is to provide demand driven,
domestic industry consisting Spun Yarn: doing well & the majority of them placement oriented skilling
of more than 500 entities, so Following points can be have been in dire straits due programmes to supplement
that the facts can be presented drawn from the above data : to underutilization of their units the efforts of the industry in
before the designated authority & . Imports of Virgin Polyester owing to lack of demand. creating employment in textile
eventually DGTRs’ final findings , Import data (tons) for Virgin PSY from 2015-2020 from 4 countries and related sectors, covering
vide its notification dt. 19.08.2021, the entire value chain of textiles,
is a testimony to what NITMA excluding Spinning and Weaving
members have been stressing in organized sector.
Mumbai: Shri Sanjay Garg, upon for so long. The Ministry of Textiles
President NITMA is extremely He then shared the primary adopted 65 clusters for overall
appreciative of the Hon’ble factors why the situation of the development of artisans in a
Minister for Commerce & Industry, PSY producers is currently so time bound manner by ensuring
Shri Piyush Goyal Ji & DGTR grave: self-sustainment of the artisans
for their recommendation to • The anomaly in the of these clusters.
impose ADD on PSY, originating FTA agreement with Indonesia The need-based
in or exported from China PR, & Vietnam: The HS code under interventions are being
Indonesia and Vietnam and which PSY falls (HS-55092100) implemented for benefiting
above all, to the dynamic vision is included in the ASEAN FTA Source: Volza, as only HS code wise data is available on DGCIS website & PSY the artisans of these adopted
& leadership of the Hon’ble PM & hence cleared @ ZERO duty is a subset of the HS 55092100 *2020/21 is for data from 1st August 2020 to 31st clusters.
Shri Narendra Modi Ji. with the ASEAN certificate. While July, 2021 & omits the 7 month data from January to July During which all economic The upskilling of the
He then touched upon slew the Yarn is cleared zero duty, its activity came to a standstill due to Covid Pandemic handicrafts artisans in these
of measures & decisions taken by immediate raw material Polyester
Govt. to actuate the expansion of Spun Yarn have increased by While summarising the adopted clusters are being done
Staple Fibre HS code 55032000 943% from 2015 to 2020/21. entire scenario, Shri Sanjay Garg through providing technical
Indian Industry, Textile & clothing is not included in the FTA & hence
industry in particular, mentioning Imports from Vietnam alone have again expressed his sincerest and soft skill trainings under
cleared @ full duty rate of 5.5% increased by mammoth 8,835%, gratitude towards the authority SAMARTH scheme to enable
the following: since it is not included in the list.
. Recently announced that is, 88 times. for testifying the facts & figures sustainable livelihood either by
This has denied a level playing . Imports for 2020/21 submitted by the domestic wage or self-employment.
RoDTEP scheme for exporters field for the Indian Spinning Mills
covering entire textile value chain. are 60,810 tons out of the total industry & at the same time The government has
as compared to their counterparts domestic consumption of 264,000 he humbly appealed to Smt. established 65 handicrafts
.Encouraging MMF in Indonesia & Vietnam & makes
segment via PLI scheme tons which means that imports Nirmala Sitharaman Ji, the training centers in the adopted
it impossible for the domestic enjoy 23% of the total market Hon’ble Minister for Finance, to
. Removal of ADD on clusters for providing technical
industry to compete with the share & this trend has been notify the same at the earliest,
Viscose Staple Fibre (VSF) training in the NSQF aligned
dumped & zero duty imports. increasing with great speed. as any amount of delay now
. Revoking ADD on PTA Handicrafts courses.
• Removal of safeguard . Import numbers have been may well push the domestic
which is the primary raw material against imports with the The attendance of the
for Polyester Staple Fibre (PSF) rising substantially year after year synthetic industry beyond revival artisans is being monitored
introduction of GST: Surge due to dumping by Indonesian, jeopardizing massive employment
. Setting up of Seven in import has been happening through Aadhar Authenticated
Mega Textile parks under MITRA Vietnamese & Chinese spinners associated with it. Biometric Attendance System
post- GST, as the excise duty as well as due to the clearance at He concluded his statement
scheme on imported PSY negated the and the wage compensation
. Extension of RoSCTL zero duty under the ASEAN FTA. on a cheerful note by asserting a to successful trained artisans
advantage that they enjoyed due Shri Aman Gupta , Vice sturdy conviction that the present
scheme, for Garments & Made- to the FTA. transferred directly to their bank
ups, upto 31.03.2024 President of NITMA stated government has got everything
This was because domestic account.
Shri Garg further added painstakingly that as a result of it takes to nurture, strengthen &
yarn was exempt from excise. First batch in each 63
that all of the above steps will the above, the Synthetic segment restore the domestic industry in
Post-GST, with the removal of training centers have been
provide India’s textile industry an of India’s textile sector has been order to accomplish the mission
excise and SAD, polyester yarn is devastated operationally as a “Aatmanirbhar Bharat”. completed successfully
opportunity to attain unparalleled benefitting 1,565 artisans. The
success. Moving back to the ADD second batch will also complete
on PSY, Shri Siddharth Khanna , Jharkhand to launch Industrial & Investment Promotion Policy during the month of August 2021
MD of Arisudana Industries Ltd. benefiting 1,421 artisans.
,Ludhiana & Head of NITMA’s Mumbai: Chief minister Hemant Soren will launch the Jharkhand Industrial and Investment Promotion
Policy (JIIPP) 2021 at the August 27-28 investor’s meet in New Delhi to revive business opportunities and A d d i t i o n a l l y, 6 5 n e w
MMF chapter, shared briefly handicrafts training centers are
that in pursuit of the same, transform the state’s image from a mines and minerals state to one full of opportunities across sectors. The
state looks forward to opportunities in several fields, including textile and apparel. The aim is to attract an being established to scale up
NITMA members made several the training program so that the
representations to all the pertinent investment of up to ₹1,00,000 crore through the policy. Soren reportedly envisions establishing the state
as one of the first and foremost investment destinations in India. Jharkhand is one of the largest producers maximum number of artisans can
authorities coupled with offline & be benefitted.
of tasar silk in India and the second largest producer of horticulture crops.
www.gtanews.in

Global Textiles & Apparels,


Mumbai, Friday, 27 August 2021 Associations & Company affairs 02
COVID – 19 Cases (Top 20 Country) on estimate
Country Total New Total New Total New Active
Cases Cases Deaths Deaths Recovered Recovered Cases
World 215,362,504 641,636 4,485,543 9,824 192,553,589 520,656 18,323,372
USA 39,296,231 124,624 650,906 1,071 30,723,454 39,624 7,921,871

Textiles & Apparels


India 32,602,325 44,558 436,889 493 31,813,972 32,926 351,464
Brazil 20,676,561 31,024 577,565 835 19,577,135 521,861
Russia 6,824,540 19,630 179,243 820 6,092,818 19,661 552,479
NSE (26 August 2021) France 6,693,019 19,683 113,775 110 6,145,288 24,984 433,956
UK 6,628,709 38,281 132,143 140 5,251,174 54,034 1,245,392
Company Name Last Price % Chg 52 wk 52 wk Market Cap Turkey 6,293,297 19,616 55,469 257 5,771,611 15,205 466,217
High Low (Rs. cr) Argentina 5,155,079 110,966 4,833,260 210,853
Welspun India 127.00 -0.47 145.40 49.75 12,760.01 Colombia 4,897,150 124,474 4,727,307 45,369
KPR Mill 1,737.95 -1.18 2,085.00 536.00 11,958.83 Iran 4,833,135 36,758 104,716 694 4,053,022 32,178 675,397
Lux Industries 3,914.60 -1.69 4,350.00 1,249.60 11,771.86 Spain 4,822,320 7,115 83,861 171 4,237,823 20,379 500,636
Alok Industries 21.150 -0.47 35.80 18.65 10,501.48 Italy 4,509,611 7,221 128,957 43 4,243,597 5,839 137,057
Trident 20.35 -0.49 22.65 6.25 10,370.27 Indonesia 4,043,736 16,899 130,182 889 3,669,966 30,099 243,588
Garware Technic 3,126.50 -0.78 3,644.70 1,751.45 6,446.27 Germany 3,913,945 12,081 92,597 25 3,714,400 3,900 106,948
Indo Count 236.00 -2.30 285.00 67.05 4,658.63 Mexico 3,271,128 21,250 255,452 986 2,607,633 16,264 408,043
Swan Energy 148.15 13.57 175.85 108.00 3,618.67 Poland 2,887,485 251 75,332 3 2,656,507 152 155,646
Rupa and Comp 431.75 2.01 550.00 173.95 3,433.47
South Africa 2,734,973 12,771 80,826 357 2,485,108 10,863 169,039
PDS Multi 1,269.80 1.44 1,550.00 262.60 3,307.41
Raymond 395.20 -1.34 473.90 252.00 2,630.99
Ukraine 2,278,171 1,581 53,566 45 2,203,429 1,269 21,176
Himatsingka Sei 244.30 0.31 279.00 73.45 2,405.31 Peru 2,145,051 198,031 N/A N/A N/A
Arvind 91.05 -0.22 115.55 28.65 2,357.50 Netherlands 1,929,018 2,594 17,982 8 1,833,355 3,950 77,681
Mayur Uniquoter 472.70 0.13 546.00 227.65 2,107.18 Philippines 1,899,200 16,313 32,728 236 1,734,551 9,659 131,921
Filatex India 94.00 3.41 118.00 21.95 2,091.17
Dollar Ind
Bombay Dyeing
348.20
84.40
0.49 390.00 129.50
-1.00 112.80 60.30
1,974.86
1,743.15
COVID – 19 Cases (Top 20 States) on estimate
Siyaram Silk 361.55 -0.63 456.00 125.50 1,694.59 State Active Recovered Deceased Confirmed
Nahar Spinning 390.70 -1.18 477.00 35.00 1,409.07 Cases Cases Cases Cases
Jindal Worldwid 65.25 4.40 90.60 44.00 1,308.40
Indo Rama Synth 49.00 1.55 62.95 18.25 1,279.45 Maharashtra 53695 6247414 136571 6437680
Nitin Spinners 204.85 -3.71 295.00 35.05 1,151.67 +4380 +216 +5031
Ganesha Ecosph 507.00 0.33 688.50 245.25 1,106.75 Kerala 170829 3692628 19972 3883429
Future Life 50.95 1.60 160.40 46.50 1,028.04 +20271 +215 +31445
Kewal Kiran 823.35 1.01 1,032.50 691.00 1,014.78 Karnataka 19344 2885700 37206 2942250
Kitex Garments 148.65 -1.49 223.90 91.15 988.52 +1668 +22 + 1224
Sutlej Textiles 59.95 -1.15 81.20 19.50 982.15 Tamil Nadu 18352 2552507 34788 2605647
Century Enka 421.10 -0.78 517.90 157.80 920.13 +1797 +27 +1573
Ambika Cotton 1,461.25 -2.72 1,732.50 606.10 836.57 Andhra Pradesh 14061 1978364 13766 2006191
Gokaldas Export 185.35 -1.91 233.70 51.40 803.60 +1201 +16 +1601
Uttar Pradesh 345 1686034 22794 1709173
S P Apparels 295.85 -2.44 361.80 91.95 760.12
+28 +21
Vishal Fabrics 112.65 -0.35 372.20 40.70 742.03 West Bengal 9185 1517239 18393 1544817
RSWM 308.70 -1.58 439.25 69.05 727.01 +730 +10 +708
Monte Carlo 346.30 5.37 389.70 161.75 717.95 NCT of Delhi 389 1412081 25080 1437550
Pearl Global In 311.30 -0.30 474.70 133.95 674.40 +86 +01 +65
Sangam India 132.45 -4.64 173.55 44.65 575.12 Chhattisgarh 627 990100 13555 1004282
Nahar Ent 114.05 1.38 148.80 22.75 454.32 +78 +52
Ruby Mills 269.85 -0.52 349.30 134.40 451.19 Odisha 7558 988090 7562 1003210
AYM Syntex 88.50 0.45 98.20 23.10 442.81 +721 +69 +887
Nandan Denim 78.30 4.96 89.75 18.50 376.22 Rajasthan 121 944973 8954 954048
Sarla Performan 42.80 0.47 51.00 15.80 357.39 +15 +08
Ashima 17.20 0.88 21.40 5.85 329.66 Gujarat 159 815108 10080 825347
Maral Overseas 74.85 -0.47 97.80 10.75 310.69 +17 +01 +17
Donear Ind 54.95 4.87 67.85 23.20 285.74 Madhya Pradesh 79 781519 10516 792114
Banswara Syntex 160.00 -3.93 256.60 65.15 273.86 +10 +05
Bannari A Spg 84.80 0.65 114.05 38.63 267.19 Haryana 660 760065 9670 770395
Zodiac Clothing 106.15 -1.80 154.05 86.00 262.82 +18 +01 +15
Shiva Texyarn 186.40 -1.64 275.00 75.15 241.62 Bihar 105 715881 9650 725636
Ginni Filaments 30.25 -3.66 42.30 10.70 239.43 +28 +31
Telangana 6295 645939 3864 656098
Bombay Rayon 7.35 0.68 15.40 6.25 233.35
+345 +02 +366
Orbit Exports 73.35 0.89 99.70 54.35 200.85 Punjab 401 583619 16358 600378
JBF Industries 22.00 -4.14 50.30 6.80 180.12 +55 +03 +36
Pioneer 65.75 5.03 79.70 18.60 174.84 Assam 8006 572765 5607 586378
Lovable Lingeri 108.00 1.46 145.55 50.85 159.84 +681 +07 +689
SPL Industries 52.35 0.38 65.00 25.30 151.82 Jharkhand 140 342491 5132 347763
VIP Clothing 18.20 -1.36 27.60 8.30 150.33 +21 +08
Indian Terrain 36.40 -1.89 52.50 26.55 149.57 Uttarakhand 320 335121 7377 342818
TT 67.30 0.82 79.50 32.00 144.68 +22 +32
Salona Cotspin 205.70 0.69 250.00 48.00 108.25

Do U Want.....
Damodar Ind 41.25 1.73 57.55 21.00 96.11
Libas Consumer 63.30 0.88 76.40 27.25 93.05
DCM 49.30 3.68 63.80 16.65 92.08
Suryalakshmi Co 54.85 -0.27 76.20 15.50 91.45
Weizmann 47.70 4.95 70.25 27.20 82.39 * To r e c e i v e G l o b a l Te x t i l e s & A p p a r e l s b y
Lambodhara Text 79.10 -2.59 111.95 26.10 82.09 E-mail
Sumeet Ind 7.85 00.00 12.80 1.85 81.36 * To g e t m o r e d e t a i l e d r e p o r t i n
Nandani Creatio 72.90 2.75 72.90 7.65 73.15 your sphere of activity
BSL 57.50 1.32 75.35 22.20 59.18
Super Spinning 10.40 4.00 14.45 3.20 57.20 * To g e t a d d i t i o n a l S t a t i s t i c s
Morarjee Text 15.30 0.66 23.95 8.10 55.59 * To g e t S M S A l e r t S
Vardhman Poly 22.35 4.93 36.55 7.05 49.82 * To S e l l o r B u y
Celebrity Fash 9.60 00.00 15.00 4.30 45.86 * To a p p o i n t E x e c u t i v e s o r r e c r u i t S t a f f
Bang Overseas 32.85 4.95 53.80 16.30 44.54
Nagreeka Export 35.15 4.93 52.75 12.25 43.94 * To g e t Q u a r t e r l y R e s u l t s p u b l i s h e d
Aarvee Denim 18.50 -2.63 29.95 9.30 43.40
Mohini Health & 23.45 7.82 39.50 15.35 42.76 Address all correspondence to:
Bhandari Hosier 2.85 1.79 4.65 1.00 41.76
Flexituff Ventu 15.95 1.92 28.90 8.10 39.69 RAHUL VINOD SOOD
STL Global 13.80 3.76 17.25 6.05 37.88

Global Textiles & Apparels


Eastern Silk 4.00 1.27 5.15 0.90 31.58
Patspin India 8.70 4.82 14.40 3.80 26.90
Soma Textile 6.95 9.45 10.25 2.50 22.96
Mohit Ind 11.90 4.85 22.05 3.00 16.85 69, Bhagya, Rashmi Park Bungalow Complex , Dhumaal
Mittal Life Sty 10.20 00.00 37.15 8.25 11.99
Spentex Ind 1.30 4.00 1.85 0.50 11.67
Nagar Valiv Vasai Rd, Vasai East, Thane 401208
Mohota Ind 7.90 3.95 12.20 00.00 11.62 - (0) 9834710185 - 9923581468
Raj Rayon Ind 0.30 00.00 0.60 0.05 10.39
Alps Industries 2.00 -2.44 3.80 0.90 7.82 - editor@gtanews.in, editor.gta@gmail.com
Thomas Scott 18.90 -0.53 20.50 4.05 6.41
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Global Textiles & Apparels,


Mumbai, Friday, 27 August 2021 Associations & Company affairs 03
Face Masks for Kids KVVES introduces AATCC Method Quantifies Fiber Shedding
By Seshadri Ramkumar, e-commerce app Mumbai: AATCC TM212-2021, Test signatories.
Professor, Texas Tech University, USA
‘V Bhavan’ Method for Fiber Fragment Release During
Home Laundering, provides a standardized
The outgoing Chair of RA100, Heather
Elliot, extends her sincere gratitude. She
Mumbai: The Kerala Vyapari method for quantifying fiber fragment says, "Thank you to everyone who helped
Vyavasayi Ekopana Samithi (KVVES) has shedding in the ongoing challenge to make this test method happen.
introduced an e-commerce app ‘V Bhavan’ combat aquatic pollution. It has been years in the making and
to support more than 10 lakh merchants in These fragments are sometimes would never have happened without the
the state. A decline in business is observed referred to as “microfibers” or hands and minds of so many amazing
“microplastics.” people.
due to the arrival of big shots via online
AATCC TM212 was developed to We can't thank you enough! Here's
shopping platforms.
provide a means to determine the mass of to measuring our mess so we can figure
The merchants can sell textile,
fiber fragments released in an accelerated out how to clean it up!"
stationery, electronics and other items The incoming Chair of RA100,
through this e-commerce platform which laundering setting. This method provides
the global industry with a consistent and Shulong Li of Milliken, goes on to add, "
has home delivery and all other digital small fiber fragments in the environment
facilities. uniform test method to follow.
AATCC TM212 defines standard is an emerging and serious concern that
‘Hyper online market delivery raises heightened public attention.
nomenclature with the terms fiber
system’ connecting all the merchants and TM212-2021 results from extensive
fragment and microfiber, which address
consumers of a specific geographic area collaboration representing a broad range of
discrepancies that have long been a source
is one of the best features of this app. of confusion for many who work to tackle stakeholders in the textile industry, public
USA: With the new academic year Through this, the consumer will receive pollution. and private institutions, and technical
just started in the United States, what type items ordered from the local shops within Originally assumed to be a plastics experts in the Global Sustainability
of face masks are needed? a short time and orders from other districts problem, natural fibers are also appearing committee. This new standard method
There is debate and discussion going within 24 hours via courier. in marine life's food cycle. provides a common and useful tool
on regarding the use of face masks for Rs 125 per month will be levied as AATCC TM212 is not limited to man- for the textile industry to gain a better
school children who cannot be vaccinated administration fee from the merchants made fibers, as it can be used to determine understanding of the issues."
yet and the necessity of these masks as
who enrol in the app. The logo of the app the fiber shedding potential of natural fibers Although unofficial and proprietary
an important countermeasure.
and the services will be available from and blends. methods have been in use, AATCC TM212
Ongoing research in our laboratory
September 15 onwards. The standard is the result of is the first global standard published to
has shown that layered masks are better
collaboration, not only within AATCC address the issue of quantifying fiber
compared to single layer masks. As comfort
Subscribers of Global Textiles & Apparels committee RA100 Global Sustainability, fragment release.
is a factor, in addition to filtration, next-to-
are requested to update their profile & contact but among stakeholders from several The test method was developed and
skin comfort can be provided using a cotton
information by sending us e-mail, so that can be organizations including The Microfibre approved by consensus from a diverse
layer and additional layers can be used to
put on the Regular Mailing List. Consortium, headquartered in the UK, and group of experts from around the world and
enhance filtration.
E-mail: rahulvsood@gmail.com the Cross Industry Agreement of European across related industries.
While N95 masks are the gold
standard, 3-ply face masks can provide
filtration of small particles with a filtration
efficiency in the range of 80-90 percent,
proving multilayered masks are needed.
Dr. Harvinder Gill, a vaccine
researcher and professor of chemical
engineering at Texas Tech University
stated, “PPEs are the first line of safety
for researchers working for treatments
and cures against infectious diseases and
for the frontline responder working during
times of crisis to help the affected people.
” He added, “While vaccination can
protect people, the virus can still infect the
vaccinated folks, and without them even
knowing could be the carriers of virus in
the community. By wearing face masks,
this vicious cycle of transmission can be
stopped, and the pandemic can see its
end.”
Since July, there is rise of COVID-19
cases due to the emergent Delta variant,
which has genuinely heightened the need
for vaccinations and other protective
measures.
On July 27th, United States’ Centers
for Disease Control and Prevention has
recommended the use of face masks in
indoor public settings, as this variant has
been found to be more contagious.
Face masks have shown to reduce
the transmission and with the unavailability
of vaccines for kids under the age of 12,
with schools resuming in person teaching
after a one full year, parents are genuinely
concerned about safety.
Even with the full approval of one
COVID-19 vaccine on August 23rd, it is
unlikely that vaccines will be available
for kids below the age of 12 by the end
of this year. This view was expressed by
Dr. Francis Collins, Directed of the United
Excellence
States’ National Institutes of Health in a
weaved in every achievement!
recent radio interview. Wellknown Polyesters Ltd. prides in being
D r. S r i n i v a s a n N a r a s i m h a n , the state-of-the-art manufacturing facility
Managing Director of Chennai-based which promises to deliver commitment in
Asthagiri Herbal Research Foundation, the form of modern age products.

WEAVING
who carried out research under Nobel Technologically sound, Wellknown, is the
laureate Herbert Brown stated, “In countries
largest producers of quality polyester yarns
where vaccines are not yet available for
using unparalleled technology, Barmag-
large population, and in those regions
where population density is high, other Wings with EVO for POY and FDY- the first

THE WARP
countermeasures such as face masks manufacturers to implement in the world.
are needed.” He added, “With schools
The modern manufacturing facility,
resuming in person tutoring from this Fall,
it is important to consider safety measures equipped with the latest Oerlikon Barmag

& WEFT
like wearing face masks and practicing technology for Continuous Polymerization
hygiene.” His organization is working (CP), POY, FDY, PSF, DTY, & ATY is a testament
on natural herbs based antimicrobial to its quality deliverance.
formulations for impregnating cotton and
other materials. Spreading its wings across 50+ countries,
Face masks that have multiple fortified with specialized yarns of over 200
layers are needed, which will serve as varieties, Wellknown is a force to reckon for
barrier to the transmission of microbes. when it comes to undisputed excellence.
Commercially available masks have two
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factors that will lead to greater acceptability
of PPEs in the future.
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Global Textiles & Apparels,


Mumbai, Friday, 27 August 2021 Associations & Company affairs 04
Bihar Minister demands for Two Textile Parks Sateri confirms EU-BAT compliance for all VFM in China
Mumbai: Bihar ’s Industries Mumbai: Sateri, the world’s largest 2 years ahead of time. The verification was
Minister Mr. Syed Shahnawaz Hussain producer of viscose fibre, has announced conducted for Sateri Jiangsu and Sateri
met Union Food, Public Distribution that all of its five viscose mills in China China mills.
and Textiles Minister Mr. Piyush Goyal are now fully compliant with the emission The Company said that the verified
in Delhi. limits set out in the European Union by independent consultant Sustainable
M r. H u s s a i n d e m a n d e d t h a t Best Available Techniques Reference Textile Solutions (STS), a division of
ethanol units of Bihar also should get Document (EU-BAT BREF) on polymers, BluWin Limited (UK), the parameters
benefits of the Centre’s subsidy scheme assessed included resource utility
and the financing scheme of banks,
in addition to the seven-year tripartite VDMA organizing efficiency, wastewater discharge and air
emission. Sateri is a member of the RGE
agreement among ethanol units, banks
and oil marketing companies (OMC) for Webtalk on 02 Sept’21 group of companies; Sateri’s other three
mills - Sateri Fujian, Sateri Jiujiang and
100% buy-back of ethanol. Sateri China (Jiangxi) - had attained EU-
Mumbai: VDMA – a leading Germany-
based Textile Machinery Association – is
Tamijuddin Textile organising a technology webtalk on 2
Mills to invest in BMRE September 2021 – Textile Reinforced India’s Future Retail
Concrete – The Future of Sustainable
Mumbai: Tamijuddin Textile Mills, Building. appoints new CEO
has decided to invest in balancing, It’s pertinent to mention here that
modernisation, rehabilitation and expansion concrete is the most used construction Mumbai: Future Retail has appointed
(BMRE) an estimated amount of Tk 500 material in building industry worldwide, but Mr. Sadashiv Nayak as the new chief
million. Mr. Hussain also made demands is also the main driver for CO²-emissions. executive officer (CEO) of the company
Tamijuddin Textile backed to the for two textile parks in Bihar. According to VDMA, textile concrete with effect from August 25, 2021.
Dhaka Stock Exchange's main market on Mr. Hussain said at the meeting is clearly superior to classic reinforced Mr. Nayak shall also act as the
June 13 this year along with three other that under the government of India’s concrete both economically and functionally. key managerial personnel (KMP) for the
companies, after staying on the over-the- Mega Textiles Park Scheme, a minimum VDMA said that Textile concrete purpose of compliance under applicable
counter (OTC) market more than a decade 1,000 acres of land is required. products are lighter and thinner, requiring provisions of the Companies Act, 2013.
since 2009 due to its poor performance. H o w e v e r, f o r a n a g r i c u l t u r e up to 80 per cent less concrete compared Mr. Nayak has been associated
The Company said that the fund dominated state like Bihar, it would be to classic reinforced concrete due to with Future Group for over 17 years and
investment will be financed with its own difficult to arrange 1,000 acres of land the corrosion-free nature of textile served as the CEO of Big Bazaar for the
equity and bank loan. at one place. reinforcements. last 8 years.
Most of the machinery will be added, He said that the Government of The one-and-half-hour-long webtalk Mr. Nayak holds an engineering
or replaced, gradually from China, Japan Bihar has two land parcels of 200 acres will see presentations on three relevant degree in electronics and communications
and European countries with state-of-the- each for textile parks and if the Centre topics, followed by a QA session. The from National Institute of Technology,
art spinning-production facility. accepts the demand of Bihar then welcome address will be given by Boris Karnataka and a post graduate diploma
The textile maker expects that after immediately two textile parks could be Abadjieff of VDMA Textile Machinery in business management from XLRI,
execution of the BMRE a significant value developed in the state. Association. Jamshedpur.
addition will come in terms of company's
profitability, yarn quality, production
capacity and efficiency.

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The Bangladesh Securities and
Exchange Commission (BSEC) said the
commission allowed the company in the
main market from OTC market following
its application and improvement in its
business condition.
The company was trading in the "Z"
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category and the status would continue
until the next annual general meeting.

China's Retail
Sales in July’21
China: China's retail sales value of
consumer goods totaled 3.4925 trillion
Yuan in Jul 2021, up 8.5% year on year. Of
E-Paper
the total, retail sales of garments, footwear,

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hats and knitwear scored at 94.46 billion
Yuan in July, up 7.5% year on year.
During January to July, the retail
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24.6829 trillion Yuan, up 20.7% year
on year. Of the total, the retail sales of
garments, footwear, hats and knitwear
scored at 767.3 billion Yuan in January-
01 Month 03 Month 06 Month 12 Month
July, up 29.8% year on year. 12 Editions 36 Editions 72 Editions 144 Editions
In July, the retail sales of garments
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Mumbai, Friday, 27 August 2021 Associations & Company affairs 06
Invista to double Urban Outfitters ventures into Picanol revenue H1 FY’21
Production at SCIP Mumbai: Picanol Group, has reported
Mumbai: Invista Nylon Chemicals Secondhand Apparel Market million during
a 19 per cent surge in revenue to €1,354.3
the first half (H1) of FY21
(China) Co has announced its plans to ended on June 30, 2021, compared to the
Mumbai: Urban Outfitters is the Nuuly Cash that’s worth 10 per cent more
double the current nylon 6,6 polymer revenue of €1,135.6 million in the same
latest to venture into secondhand apparel at Nuuly Thrift and all Urban Outfitters’
production at Shanghai Chemical Industry period of last year. EBIT during the six-
market. brands, including Anthropologie, Free
Park (SCIP) and signed a memorandum of month period accelerated to €143.0 million
The retailer launched a resale People, Urban Outfitters and BHLDN,
cooperation with SCIP. The new capacity (H1 FY20: €99.3 million).
marketplace called Nuuly Thrift, which, amongst others.
will enable Invista to quickly respond Machines and technologies segment
reportedly, is set to be launched sometime It is worth noting here that Nuuly
to the growing demand for engineering recorded 66 per cent revenue growth to
in the fall. Thrift is the sister concern of Nuuly Rent,
plastics in automotive, electrical and €333.3 million (€200.6 million) as the global
Much to the delight of shoppers, they which is a subscription rental service for
other application fields. According to the machine market showed a strong recovery
can now buy or sell clothes and fashion women’s clothes.
company, the following a 40,000-ton/ after the COVID-19 impacted H1 of 2020,
accessories for women, men and children. According to the retailer, Nuuly
year capacity increase in 2020, this new the group said in a press release. Moreover,
Nuuly Thrift will accept items for Rent’s end-of-life inventory will, reportedly,
increased production, with an investment excluding the foreign exchange effect, the
resale from any brand. On sale of an item, be sold through its Nuuly Thrift brand.
of RMB 1.5 billion (renminbi), will double revenue of industrial solutions business
the shopper can transfer earnings to their In turn, Nuuly Thrift could bring in new
the plant capacity to 400,000 tons/year increased 26.8 per cent to €314.9 million
bank account. customers to the rental platform.
and strengthen Invista’s integrated nylon mainly due to the strong performance
They can also redeem them for Nuuly Cash will incentivise customers
6,6 value chain in China. of Dyka Group during the period. The
from both platforms to continue to spend

DBL Group to Jack revenues in H1 ’21 within the secondhand space, thereby revenue from bio-valorisation segment
extending the life span of their clothes. in the H1 FY21 improved marginally by 3
Mumbai: Jack Sewing Machine Co., Urban Outfitters brand is known for per cent to €297.4 million (€287.6 million).
setup 10 Units During the period, the company has
Ltd. has stood tall in its H1 ’21 revenues. women’s and men’s fashion apparels,
footwear and beauty products, besides
The group's adjusted EBITDA for the first
half climbed 21 per cent to €236.0 million
Bangladesh: DBLGroup will invest achieved operating income of US $ 520.15 others. It operates in the US, the UK, the (€195.5 million), while profit for the period
$650 million in three years to set up 10 million, noting a year-on-year increase of UAE, France, Germany and Italy, amongst expanded 62 per cent to €117.3 million
manufacturing units for textiles, ceramics 105.20 per cent. others. It generated US $ 3.9 billion in 2019. (€72.6 million).
and sanitary ware at the Sreehatta The net profit of Jack valued US
Economic Zone in Moulvibazar,
The state-run zone has received $1.5
$ 39.54 million across product portfolio
(sewing machines, cutting machines, Shanghai's Garments Import from EU
billion in investment proposals till now. hanger system, sewing equipment, etc.),
DBL would begin the construction which is 206.47 per cent higher than the China: Shanghai witnessed were worth 13.47 billion yuan ($2.07
of a spinning mill this month. Twenty eight profit recorded in H1 ’20. nearly double growth in import of billion) from January to July, rising by
economic zones, including 14 state-owned, According to Jack, the growth garments and accessories from the 99.9 per cent year on year, and nearly
are operational. The industrial park of the has been registered mainly due to the European Union (EU) in the first seven two times the export volume during
group is expected to generate $500 million rapid revival in consumer demand from months of this year. Such imports the same period, which logged 7.04
in revenues annually. developed economies such as Europe and billion yuan.
The park will also have a polyester
recycling unit as well to produce staple
the United States.
The company has made a strategic
Fabletics steps In the first seven months,
Shanghai's import of leather and fur
fibre as a raw material for spinning factories
with a targeted production capacity of 18
and production capacity layout in advance
to seize textiles, clothing, shoes, hats, into loungewear products from the EU totaled 11.2
billion yuan, surging by 94.8 per cent
tonnes per day. bags, furniture, toys, etc. year on year.
Mumbai: Fabletics has introduced
a new loungewear category. The new In that duration, Shanghai's trade

Crystal International’s unveiled its New Jeans Collection category will debut with the launch of a
17-piece collection on September 1, which
volume with France and Italy reached
61.21 billion yuan and 60.02 billion
Mumbai: Crystal International Group the foundation’s Jeans Redesign project. comprises sets, coordinates, separates yuan respectively, growing by 39.1 per
Limited has officially unveiled the new The new Jeans Redesign Collection and robes across seven color choices. cent and 49.5 per cent year on year.
Jeans Redesign Collection in the market aligns with the Jeans Redesign Guidelines Materials include natural cotton, Shanghai's trade volume with EU,
which is a result of its collaboration with developed by 80 denim experts, an Spandex and fleece knit from recycled Shanghai's biggest trading partner, hit
Ellen MacArthur Foundation. industry-wide effort to provide minimum fibers. According to a recent report by 451.58 billion yuan in the first seven
The partnership with the foundation requirements on garment durability, Market Research Future, the loungewear months, growing by 26 per cent year
was weaved up in August ’20 – exactly a material health, recyclability and market is estimated to be worth 9.98 billion on year and accounting for 20.4 per
year ago, to scale up denim circularity in traceability. dollars by 2027. cent of the city’s total foreign trade.

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