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Showing posts with the label textile industry

International MSME Day in Surat: Joint Effort Pushes Textile Industry Towards Low-Carbon Future

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On International MSME Day, senior government officials and industry experts convened in Surat to emphasize the critical need for low-carbon technologies and accessible financing opportunities for the city's textile MSMEs. The workshop, themed ‘Energy-Efficient Technology and Finance’, was organized by the Gujarat Energy Development Agency (GEDA), Gujarat Pollution Control Board (GPCB), South Gujarat Textile Processors Association (SGTPA), and WRI India. The discussions underscored the importance of sustainability in the textile sector as a key driver for India to achieve its Net-Zero target by 2070. The textile MSMEs in India are significant contributors to carbon dioxide emissions, generating approximately 2.7 billion tonnes annually—equivalent to the emissions from 230 million passenger vehicles. However, initiatives like the Perform, Achieve and Trade (PAT) scheme by the Bureau of Energy Efficiency have successfully reduced car...

The Textile Industry's Evolution and the Significance of Co-Gen Turbines

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A titan of the global textile scene, India's industry holds 4% of the market, a vibrant blend of ancient and modern. From age-old handlooms to capital-intensive mills, it employs over 65 million, contributing 2.3% to GDP, 13% to industrial output, and 12% to exports. This economic powerhouse weaves tradition and technology into a tapestry of India's success. The seeds of India's textile might were sown in 1818 near Kolkata, but it wasn't until 1854 that "Bombay Spinning and Weaving Company," the brainchild of Parsi entrepreneur Cowasjee Nanabhoy Davar, took root in Mumbai and kickstarted large-scale production. Fast forward 168 years, and India has blossomed into the world's second-largest textile producer, boasting over 3,400 mills humming with the energy of 50 million spindles and 842,000 rotors – a testament to a journey from a single pioneer's vision to a global economic powerhouse. Millions Weave a Fabric of Success: The Indian te...