Opinion

Dear All,

With the end of the last quarter of 2016, its time for us to revisit some of the recent global developments. The global economy went through another lackluster year. Of course, the reasons vary from region to region. The culprits of this slowdown include structural adjustments in many countries, efforts to reduce overcapacity, recurring natural disasters, geopolitical events — such as Brexit, the ongoing civil war in Syria, as well as heightened uncertainty related to the U.S. presidential election, and potential policy changes in the U.S. and several other major economies of the world. 

Letter from Editor-in-Chief

Dear All,

As the chairman, has rightly summarized the year full of highs and lows, we have had quite an eventful end to this year. While globally Donald Trump was in the limelight because of his unexpected win, Mr Narendra Modi's demonetization move remained in the news here in India.

India is now a fast-emerging market inching to reach half a billion middle income population by 2030. Several such factors are good for the Indian textile industry in the long run. Even though the global economic crisis seems to be worsening day-by-day, as long as economies are emerging and growing as in South and South East Asia, the textile industry is here to grow, provided it takes competition and innovation seriously.