knitted fabric news

knitted fabric News, Video News

US recession hits apparel industry in Tamil Nadu
Tirupur Tamil Nadu, Oct 18 ANI: Coimbatore's apparel industry is severely hit due to the ongoing recession in US economy and is now receiving only few export orders.The present economic crisis in the United States has affected the apparel industry with the apparel exports going down by 15 per cent in Tirupur. In knitwear exports, Tirupur has registered a fall of five per cent.The Apparel Exports Promotion Council is taking various steps to meet the present crisis."Well this crisis in US is affecting us a lot. We are definitely expecting a drop of 10-15 per cent in the immediate future. Stores are coming in. I have the reports. The buyers who are coming in are not buying in as large quantities as they were buying earlier. The orders are already down by 20-25 per cent in terms of quantity," said Rakesh Vaid, Charirman, Apparel Exports Promotion Council.Tirupur is a major source of foreign exchange earnings for the country because of its exports. 56 per cent of India's total knitwear exports comes from Tirupur."Tirupur exports apparels worth 14,000 crores. Total knitwear export is 16,500 crores. But this year, we expect about five per cent minus growth rate because of the recession in United States so we may do 10,500 crores, about five per cent less," said Sakthivel, president, Tirupur Exporters Association.Tirupur is famous for the export of all knitted garment wears such as t-shirts, polo - shirts, sweat shirts, banyans, pajamas and night dresses on various fabrics like single jersey, interlock, fleece, polar fleece, pique jersey, pointelle jersey, rib, pointelle rib and drop needle.The textile and clothing sector is the largest employer after agriculture and accounts for nearly four per cent of India's gross domestic product. By JehovahANI
2008-10-18 02:00:00
Now, a stab and flame-proof fabric that is as light as wool
Melbourne, Sept 12 ANI: Kiwi scientists have developed a revolutionary new fabric, which is stab and flame resistant - and is as light as wool.According to Dr Peter Ingham, a scientist at the New Zealand government-owned research group AgResearch, the new fabric is tough, could withstand a blowtorch, and has many commercial applications. The researchers said that it was expected to do a good job protecting soldiers from flying shrapnel and could be worn by prison wardens to help protect them from possible attacks by inmates. "It looks like a milled woollen material but it is made using a new technology,'' News.com.au quoted him, as saying. "There have been inquiries from New Zealand Post to prevent puncture wounds from dog bites," he added.The fabric is made by combining knitted Vectran, an ultra-high strength polymer, with wool fibres. ANI
2008-09-12 07:00:12

Explore the Worldviewer.com Network Sites

US recession hits apparel industry in Tamil Nadu

Now, a stab and flame-proof fabric that is as light as wool