Home / Knowledge / News / Textiles / TTRI to have world-class textile R&D facility
TTRI to have world-class textile R&D facility
12
Mar '12
Looking forward to help Taiwanese textile producers manufacture premium quality advanced products, the Taiwan Textile Research Institute (TTRI) said it intends to develop itself into a top-notch textile R&D facility.

The statement followed reports that the country's overall textile output for 2011 were valued at NT$ 500.8 billion, a 3.8 percent above 2010 figure.

While textile exports for the period touching a 10-year high came to US$ 12.7 billion, with a 12.5 percent or US$ 1.4 billion rise over 2010, imports grew at a year-on-year rate of 22.9 percent to US$ 3.57 billion. This resulted in a textile trade surplus of US$ 9.15 billion, an 8.9 percent more as compared to 2010.

Eyeing to push this surplus even further, TTRI is eyeing to develop itself into a world-class textile research organization by establishing a basic component research facility and a production commercialization office.

It would also develop its production assessment and certification facility to afford better international penetration for Taiwanese goods.

In addition, TTRI would establish a towel design and manufacturing unit to facilitate revival of the country's waning towel production industry.

According to TTRI Chairman, Wang Ya-Kang, henceforth the institute would enhance its focus on key textile inputs and technical textiles that have utility in garments and home items, high-value textiles having industrial utility, ecologically-sustainable technology and improving and enhancing its online services.

TTRI would also evolve techniques for production of new-fibre textile and nanometer-level electronic knitting. It would strive to achieve a four percent annual sales turnover target, and attract NT$ 1.5 billion worth of investments into the country's textile industry.

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Aditya Birla

Textiles | On 20th Jun 2018

'Growth of VSF yarn industry is difficult'

Growth for the viscose filament yarn (VSF) yarn industry is...

Comfort USP of Sensitive Fabrics range of Eurojersey Spa

Apparel/Garments | On 20th Jun 2018

Comfort USP of Sensitive Fabrics range of Eurojersey Spa

Italian company Eurojersey Spa will present in 2019 new embossing...

Certification for Philippine garment firms availing GSP

Textiles | On 20th Jun 2018

Certification for Philippine garment firms availing GSP

The Philippines has adopted rules on securing certificate of...

Interviews View All

Top executives
Textile industry

It will take some time for the people to change their buying choices

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Luke Otten
Wigwam Mills Inc

Wigwam aims to recycle discarded yarn that doesn’t make it through the...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Rajat Jaipuria

Activewear brand Soul Space promotes organic cotton farming and...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Priya Somaiya
Usha Social Services

The Usha Silai label from Usha International is all set for a retail...

Anisha Chaudhari
Threads & Shirts

Threads &amp; Shirts is a freshly-tailored concept providing men/women a...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search