In 2024, nonwovens production in Greater Europe climbed by 2.6 per cent to 2,976, 400 tonnes in volume and by 2.9 per cent in surface area, resulting in the production of 85.1 billion square meters of nonwovens, according to the most recent data.
Manufacturing News
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The MoS said that the PLI plan is meant to encourage the manufacture of MMF fabrics, MMF apparel, and technical textile goods in order to reach size and scale and become competitive.
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The company saw positive results with them surpassing their anticipated performance objectives and establishing a strong base for future enhancements under his leadership.
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This growth stems from key Government schemes like Silk Samagra-2, NERTPS, and R&D efforts. Over Rs. 1,075 crore (US $ 126 million) has been disbursed, benefiting 78,000 stakeholders and boosting India's Aatmanirbhar Bharat vision in sericulture.
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The business is spending US $ 350 million (Rs. 3,000 crore) on its factories in Warangal and Sitarampur, which are close to Hyderabad, in order to produce 22 lakh garments every day.
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Chinese investment in Bangladesh's ready-made garment (RMG) sector is witnessing a significant surge, as evidenced by recent agreements signed in the Bepza Economic Zone (EZ) in Mirsharai, Chittagong, as per reports.
