Industry news

  • Textile Industry & Market Growth in India

    India’s textiles sector is one of the oldest industries in Indian economy dating back several centuries. Even today, textiles sector is one of the largest contributors to India’s exports with approximately 13 per cent of total exports. The textiles industry is also labour intensive and is one of the largest employers. The textile industry has two broad segments. First, the unorganised sector consists of handloom, handicrafts and sericulture, which are operated on a small scale and through traditional tools and methods. The second is the organised sector consisting of spinning, apparel and garments segment which apply modern machinery and techniques such as economies of scale. The textile industry employs about 45 million people directly and 20 million people indirectly. India's overall textile exports during FY 2015-16 stood at US$ 40 billion. The Indian textiles industry is extremely varied, with the hand-spun and hand-woven textiles sectors at one end of the spectrum, while the capital intensive sophisticated mills sector at the other end of the spectrum. The decentralised power looms/ hosiery and knitting sector form the largest component of the textiles sector. The close linkage of the textile industry to agriculture (for raw materials such as cotton) and the ancient culture and traditions of the country in terms of textiles make the Indian textiles sector unique in comparison to the industries of other countries. The Indian textile industry has the capacity to produce a wide variety of products suitable to different market segments, both within India and across the world.

    2017-22-23 admin 42

  • Which tire companies are in the top ten in the world?

    According to the sales performance of the tire companies all over the world in 2016, the top 10 in global top 75 rankings in 2017 should not change any more, and Bridgestone will still rank No.1. The world's top ten companies are basically: Bridgestone, Michelin, Goodyear, Continenta, Pirelli, Sumitomo Rubber (Dunlop), Hankook, Youkemama, Cheng Shin, and ZC rubber. It is an honor to be able to enter the world's top 10 rankings for the tire company, because many tire companies put themselves into the world's top 10 or even the top 5, the top 3 as goal of struggle.

    2017-22-23 admin 33