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Scaling New Heights: American Teen Sam Watson Shatters World Record in Sport Climbing

by theparliamentnews.com
written by theparliamentnews.com

A thrilling display of athleticism and speed – American teenager Sam Watson set a new world record in the relatively new Olympic event of sport climbing. On Tuesday, Watson clocked an astonishing 4.75 seconds in the speed climbing qualification rounds at the Paris Olympics, breaking his own previous record of 4.79 seconds, which he set earlier this year at a World Cup event in China. This incredible feat also earned him the distinction of the fastest time ever recorded in a timed Olympic sport.

Sport climbing, which made its Olympic debut in Tokyo 2021, is still a novel event for many spectators. It was initially introduced as a combined event featuring three distinct disciplines: bouldering, lead climbing, and speed climbing. Bouldering involves climbing short, technical routes without a rope, lead climbing requires athletes to clip a rope to protection points along the way, and speed climbing focuses purely on how quickly climbers can ascend a 15-meter wall.

For the Paris Games, sport climbing has been restructured into two separate medal opportunities: one combining bouldering and lead climbing, and the other dedicated solely to speed climbing. This change came in response to criticism from athletes and fans who felt that the combined event in Tokyo did not adequately showcase the unique skills required for each discipline. Many argued that forcing climbers to compete across all three specialities created an unfair “circus” that diminished the technical aspects of the sport.

In speed climbing, athletes compete head-to-head, racing to the top of the wall in a bracket-style elimination format. The climbers with the slowest times are progressively eliminated until one victor emerges. This high-octane format not only tests raw speed but also the mental fortitude and composure of the athletes under intense pressure.

Watson, an 18-year-old from Texas, has been a standout in the sport, consistently pushing the boundaries of what is possible. His latest record-breaking performance has cemented his status as a rising star in the climbing world. In the quarterfinals of the men’s speed event, Watson will face New Zealand’s Julian David, with the eyes of the world watching to see if he can maintain his blistering pace.

The restructuring of sport climbing into distinct disciplines for the Paris Olympics has been widely praised, allowing athletes to demonstrate their expertise in their preferred specialities. This move has also brought more clarity and excitement to the sport, with spectators able to appreciate the unique challenges and skills involved in each event.

Sam Watson’s record-breaking achievement not only highlights his incredible talent but also underscores the growing popularity and competitive spirit of sport climbing. As the sport continues to evolve, athletes like Watson are sure to inspire the next generation of climbers to reach new heights.

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BlogFeaturedSports

Neeraj Chopra – India’s Golden Boy Shines Bright in Paris Olympics

by theparliamentnews.com
written by theparliamentnews.com

August 6, 2024, has been etched in history as “Neeraj Chopra Day” by the official Olympics X handle, celebrating India’s golden boy who stormed into the men’s javelin final with a spectacular season-best throw of 89.34 meters. Neeraj Chopra, the defending champion and independent India’s only medalist in athletics, showcased his unparalleled prowess by topping the qualification round on Tuesday with just one attempt.

In Qualification B, Neeraj set the tone early, launching his first javelin far beyond the automatic qualification mark of 85 meters, ensuring his spot in the final. The final showdown is scheduled for Thursday at 11:55 pm IST, where the stakes and anticipation are higher than ever.

Reflecting on his performance, Neeraj remarked on the contrasting conditions between Tokyo and Paris. “In Tokyo, we threw in the sunshine and here it’s a bit cooler and the humidity is much lesser. Tokyo was much warmer and more humid than Paris. The big difference is that there are crowds here,” he shared.

Neeraj’s journey from a sunny Tokyo to a cooler Paris has been marked by relentless focus and determination. “Being the defending champion is motivation, and I need to be prepared. The mind should be focused on doing the job at hand,” Neeraj stated, underscoring his resolve to maintain his winning streak.

Despite his impressive throw in the qualification round, Neeraj remains cautious and grounded. “The final will be a cracker, the Tokyo final mark has already been surpassed by qualification. We were a little relaxed today. The burden and pressure will be much more in the final,” he noted, acknowledging the heightened competition ahead.

Addressing concerns about his fitness, Neeraj opened up about his recent injury struggles. “I have had a few issues with my groin, and that is why I did not take part in a lot of competitions. It is important to stay fit and reach the final,” he said, emphasizing the significance of maintaining peak physical condition.

As India rallies behind its golden boy, the anticipation for Thursday’s final builds. Neeraj Chopra’s remarkable entry into the finals not only cements his legacy but also inspires millions, reinforcing the spirit of determination and excellence. With the world watching, Neeraj is poised to deliver yet another unforgettable performance, marking another chapter in his illustrious career.

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BlogBusinessFeatured

Indian IT Giants Poised for Growth as Microsoft’s Cloud and AI Revenues Soar

by theparliamentnews.com
written by theparliamentnews.com

In a promising development for the domestic IT sector, leading Indian companies such as Tata Consultancy Services (TCS), Infosys, Wipro, HCL Technologies Ltd, and Tech Mahindra are in the spotlight following Microsoft’s robust Q4 performance. Microsoft’s revenue slightly surpassed US analyst estimates, with its operating margin aligning closely with Wall Street expectations. The tech giant hinted at increased infrastructure investments in FY25, aiming to meet the rising demand for its AI and cloud products.

Under the leadership of Satya Nadella, Microsoft projected a Q1FY25 revenue growth of 13.5-15.3% year-over-year (YoY), driven by an impressive 19.2-20.5% YoY growth in its Intelligent Cloud segment. This growth is further bolstered by a remarkable 28-29% constant currency (CC) YoY increase in Azure.

Nuvama Institutional Equities observed that Microsoft’s Azure business has been accelerating for five consecutive quarters, a significant turnaround after experiencing a six-quarter deceleration. “AI contributed 8% to Azure growth, and the overall pickup in cloud services is encouraging, signaling positive prospects for Indian IT services companies. We anticipate a surge in cloud spending in FY25, following a modest FY24, leading to higher overall growth,” Nuvama stated.

For the quarter, Microsoft reported revenue of $64.7 billion, marking a 16% YoY increase in CC terms. The Intelligent Cloud segment emerged as the fastest-growing area, with its revenue surging 20% YoY in CC to $28.5 billion, meeting the company’s guidance. Notably, Azure’s revenue grew by 30% CC YoY, including 800 basis points from AI services.

Microsoft’s management highlighted that the Azure consumption business is outpacing the overall Azure growth. The number of Azure AI customers has risen by 60% YoY, with the company now boasting over 60,000 Azure AI customers. The demand for Azure continues to exceed the available capacity, underscoring the platform’s robust market position.

“Productivity and business process revenue reached $20.3 billion, up 12% CC YoY. Office consumer revenue grew by 4% CC YoY, driven by sustained momentum in Microsoft 365 subscriptions, while Office commercial licensing saw a 7% CC YoY decline due to the ongoing shift to cloud offerings,” Microsoft reported.

The positive outlook for Microsoft’s cloud and AI segments bodes well for Indian IT giants, suggesting a fertile ground for growth as global demand for these technologies continues to rise. The increased investment in infrastructure and the steady rise in Azure’s customer base highlight a thriving market landscape, promising significant opportunities for Indian IT service providers in the coming fiscal year.

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BlogFeaturedWorld

Sheikh Hasina Resigns: Protests Escalate to Violence in Dhaka

by theparliamentnews.com
written by theparliamentnews.com

In a dramatic turn of events, Bangladesh Prime Minister Sheikh Hasina has resigned and fled the capital Dhaka as violent clashes erupted, with vast crowds of protesters demanding her resignation. The intensity of the situation escalated quickly, leading to an unprecedented political crisis in the country.

Prime Minister Forced to Flee

Sheikh Hasina and her sister have reportedly left the Prime Minister’s official residence, Ganabhaban, seeking refuge in a safer location. The sudden departure highlights the severity of the unrest that has gripped the nation. According to a source, the Prime Minister intended to address the nation but was unable to do so due to the chaotic circumstances.

Protests Turn Violent

The streets of Dhaka have been engulfed in turmoil as protesters, fueled by frustration and anger, clashed with security forces. The demand for Hasina’s resignation has been a rallying cry for many who are dissatisfied with her leadership. The scenes of unrest have brought the city to a standstill, with reports of injuries and widespread property damage.

Political Crisis Deepens

The resignation of Sheikh Hasina marks a significant moment in Bangladesh’s political landscape. As a prominent figure who has led the country for many years, her departure amid such chaotic circumstances raises questions about the future stability of the nation. The opposition and civil society groups have intensified their calls for a change in leadership, reflecting a deep-seated desire for political reform.

International Concerns

The international community is watching the developments in Bangladesh closely. The violent clashes and political instability have raised concerns about the potential for further escalation. Diplomatic efforts are likely to be mobilized to encourage a peaceful resolution to the crisis and to support the restoration of order.

A Nation in Flux

As Bangladesh navigates this period of uncertainty, the road ahead remains unclear. The resignation of Sheikh Hasina, driven by intense public pressure and violent unrest, signifies a turning point. The country’s leaders and its people must now work towards rebuilding trust and establishing a path forward that ensures stability and democratic governance.

The resignation of Sheikh Hasina amidst violent protests marks a watershed moment in Bangladesh’s political history. As the nation grapples with the immediate aftermath, the focus will be on restoring peace and charting a course for a stable and democratic future.

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BlogFeaturedWorld

Rising Tensions: Iran-Israel Conflict Pushes Middle East to the Brink of War

by theparliamentnews.com
written by theparliamentnews.com

The Middle East is teetering on the edge of a full-scale conflict as tensions between Israel and Iran escalate. The recent assassinations of key militant leaders and subsequent military actions have heightened fears of an all-out war, prompting urgent diplomatic efforts from Western nations led by the United States to defuse the situation.

Assassinations Ignite Tensions

The region has been on high alert following the assassinations of Hezbollah commander Faud Shukr in Lebanon and Hamas leader Ismail Haniyeh in Tehran. Israel has admitted responsibility for Shukr’s death but remains ambiguous about its involvement in Haniyeh’s assassination. Iran’s Supreme Leader Ayatollah Ali Khamenei has vowed revenge, escalating threats of retaliation through Hezbollah targeting deep inside Israel.

Diplomatic Efforts Amid Rising Hostilities

The United States has stepped up its diplomatic efforts to prevent a broader conflict. General Michael Kurilla, commander of US forces in the Middle East, is visiting regional powers to mobilize support for Israel and prepare for potential escalations. Jordan’s Foreign Minister Ayman Safadi is also set to meet Iranian leadership to discuss the fast-moving developments, signaling a broader regional push to prevent further violence.

Escalating Violence

The violence continues to spiral, with Israeli airstrikes targeting Hezbollah rocket launchers in southern Lebanon in response to overnight rocket attacks. Meanwhile, Israeli and Palestinian militants are locked in a deadly exchange. Israeli strikes in Gaza’s Al-Aqsa Martyrs Hospital have resulted in civilian casualties, including children, while a Palestinian stabbing attack in Holon claimed the lives of two elderly Israeli citizens.

International Repercussions

The rising threat of war has prompted several countries to take precautionary measures. France and Sweden have urged their citizens to leave Lebanon, joining the United States and the United Kingdom in advising nationals to evacuate. The Indian Mission in Israel has also issued a safety advisory to its citizens, emphasizing vigilance and adherence to safety protocols.

Humanitarian Concerns and Global Response

The humanitarian impact of the escalating conflict is severe. Civilian casualties and displacement are mounting as airstrikes and attacks continue. The international community is calling for restraint and a return to negotiations to prevent further loss of life and regional destabilization.

Conclusion

As the Middle East stands on the brink of a potentially devastating conflict, the urgent need for diplomatic intervention and de-escalation is more critical than ever. The world watches closely, hoping that cooler heads will prevail to avert a war that could have catastrophic consequences for the region and beyond.

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BlogFeaturedSports

India Triumphs Over Great Britain in Dramatic Shoot-Out to Enter Men’s Hockey Semifinals at Paris Olympics

by theparliamentnews.com
written by theparliamentnews.com

In a thrilling quarterfinal match at the Paris Olympics, the Indian men’s hockey team secured a hard-fought victory against Great Britain, winning 4-2 in a penalty shoot-out to advance to the semifinals. Despite playing with 10 men for over 40 minutes, the team displayed exceptional grit and determination, keeping their hopes alive for a second consecutive Olympic medal.

The match was a roller-coaster of emotions, marked by intense moments and heroic performances. The Indian team faced an early setback when Amit Rohidas received a red card for raising his stick against a British player, reducing the team to 10 men. However, the Tokyo Olympics bronze medallists held their ground and managed to maintain a 1-1 scoreline in regulation time, forcing a shoot-out.

Sreejesh’s Heroic Saves

Veteran goalkeeper PR Sreejesh emerged as the star of the match, delivering a stellar performance under immense pressure. Sreejesh, playing in his last international tournament, was a fortress in front of the Indian goal, making multiple crucial saves throughout the game. His heroics in the shoot-out, where he blocked attempts from Connor Williamson and Phillip Ropper, were pivotal in India’s victory.

The Battle on the Field

The match saw India take the lead in the 22nd minute through a penalty corner converted by Harmanpreet Singh. Great Britain quickly responded, equalizing in the 27th minute with a field goal from Lee Morton. The controversial red card to Rohidas shifted the dynamics of the game, with Great Britain relentlessly attacking the Indian defense.

Despite being a man down, the Indian team, led by Sreejesh’s spectacular saves, managed to thwart multiple penalty corner attempts by Great Britain. The match remained fiercely contested, with both teams unable to break the deadlock in regular time.

The Shoot-Out Drama

In the penalty shoot-out, the Indian shooters were on target, with Harmanpreet Singh, Sukhjeet Singh, Lalit Upadhyay, and Rajkumar Pal all scoring. Great Britain managed to score twice through James Albrey and Zach Wallace, but it wasn’t enough to overcome the Indian side, thanks to Sreejesh’s outstanding performance.

Former captain Manpreet Singh highlighted the team’s preparation for such scenarios, stating, “We were not bothered by losing one man; we prepare for such situations in training. It was a great win.”

Looking Ahead

India’s impressive victory sets up a semifinal clash against the winner of the quarterfinal match between Germany and Spain. The Indian team’s resilience and tactical acumen will be crucial as they aim to secure a spot in the final and potentially win their second consecutive Olympic medal.

This remarkable win is a testament to the team’s fighting spirit and strategic brilliance, with Sreejesh’s legendary goalkeeping leaving an indelible mark on the Paris Olympics. As the tournament progresses, all eyes will be on the Indian men’s hockey team as they continue their quest for Olympic glory.

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BlogBusinessFeatured

Meta Unveils the Largest Open AI Model Ever: Why It Matters for the Future of AI

by theparliamentnews.com
written by theparliamentnews.com

Meta, the parent company of Facebook, has launched a new collection of large AI models, including Llama 3.1 405B, touted as the “first frontier-level open-source AI model.” This development marks a significant shift in the ongoing battle between open- and closed-source AI, with Meta firmly advocating for the benefits of open-source AI.

The Battle of Open-Source vs. Closed-Source AI

The AI industry is divided into two camps: those who keep their datasets and algorithms private (closed-source) and those who make them publicly accessible (open-source). Closed-source AI models, such as OpenAI’s ChatGPT, Google’s Gemini, and Anthropic’s Claude, protect intellectual property but lack transparency and public trust. Open-source AI, on the other hand, promotes innovation, accountability, and collaboration by making code and datasets available to all.

Why Open-Source AI is Crucial

Meta’s commitment to open-source AI is a significant step towards democratizing AI. By making models like Llama 3.1 405B accessible, Meta is fostering an environment where innovation can thrive through community collaboration. This transparency allows for the identification of biases and vulnerabilities, which is crucial for ethical AI development.

Open-source AI also benefits small and medium-sized enterprises, which often lack the resources to develop large AI models from scratch. With access to powerful models like Llama 3.1 405B, these organizations can compete on a more level playing field.

The Risks and Ethical Concerns

While open-source AI has many advantages, it also poses risks. The open nature of the code and data can lead to quality control issues and potential misuse by malicious actors. Ensuring that open-source AI is developed and used responsibly requires robust governance and ethical frameworks.

Meta as a Pioneer in Open-Source AI

Meta’s release of Llama 3.1 405B represents a commitment to advancing AI in a way that benefits humanity. Although the model’s dataset has not been fully disclosed, its open-source nature still levels the playing field for researchers and smaller organizations.

Shaping the Future of AI

To ensure that AI development remains inclusive and beneficial, we need to focus on three key pillars:

  1. Governance: Establishing regulatory and ethical frameworks to ensure responsible AI development.
  2. Accessibility: Providing affordable computing resources and user-friendly tools for developers.
  3. Openness: Ensuring datasets and algorithms are open source for transparency and collaboration.

Achieving these goals requires a concerted effort from governments, industry, academia, and the public. The public can support this by advocating for ethical AI policies, staying informed about AI developments, and using AI responsibly.

Meta’s launch of the largest open-source AI model is a significant step towards democratizing AI and ensuring it serves the greater good. However, we must address the ethical and practical challenges associated with open-source AI to create a future where AI is an inclusive tool for all. The future of AI is in our hands, and it is up to us to ensure it is used responsibly and ethically.

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BlogFeaturedIndia

India ‘s Per Capita Income to Reach a Quarter of U.S. Levels in 75 Years, Warns World Bank

by theparliamentnews.com
written by theparliamentnews.com

India, one of the fastest-growing major economies in the world, faces a daunting challenge as the World Bank projects it will take 75 years for its per capita income to reach a quarter of U.S. income levels if current trends persist. This stark warning was issued as part of the World Bank’s ‘World Development Report 2024,’ which highlights the risks of the “middle income trap” for 108 countries, including India and China.

The Middle-Income Trap and India’s Economic Aspirations

Prime Minister Narendra Modi has set an ambitious vision for India to become a developed economy by 2047, marking the centennial of its independence. However, the World Bank’s report casts a shadow over this vision, suggesting that achieving such a transition in the next 25 years, akin to Korea’s economic miracle, would be extraordinarily challenging.

Indermit Gill, the World Bank’s chief economist, emphasized that many middle-income countries, including India, still rely on outdated economic policies focused primarily on expanding investment. He likened this to “driving a car just in first gear and trying to make it go faster,” warning that without a shift in strategy, these countries are unlikely to achieve the prosperity they aspire to by mid-century.

A Grim Outlook for Middle-Income Economies

According to the World Bank’s analysis, nations like China, India, Brazil, and South Africa face significant hurdles in their quest to join the ranks of high-income countries. Historically, countries tend to hit a “trap” at about 10% of annual U.S. GDP per capita, currently around $8,000. This threshold often marks the point where growth stalls, and only a select few nations have managed to break through it since 1990, often due to unique circumstances like EU integration or the discovery of new natural resources.

The Need for a New Economic Playbook

The World Bank’s report stresses that the traditional playbook for economic development, which relies heavily on investment, is no longer sufficient. Instead, Mr. Gill advocates for a phased approach: starting with a focus on investment, followed by the integration of new technologies from abroad, and finally adopting a balanced strategy that includes investment, technology infusion, and innovation.

This new approach is essential given the myriad challenges facing middle-income countries today, including aging populations, rising debt, geopolitical tensions, and the need for sustainable development. “With growing demographic, ecological, and geopolitical pressures, there is no room for error,” Mr. Gill cautioned.

Conclusion

As India aims to transform itself into a developed economy by 2047, the path ahead is fraught with challenges. The World Bank’s sobering analysis underscores the need for a radical shift in economic strategy to avoid the middle-income trap and achieve long-term prosperity. By embracing a balanced approach that combines investment, technological adoption, and innovation, India and other middle-income countries can hope to overcome these obstacles and secure a brighter economic future.

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BlogFeaturedWorld

OpenAI ‘s Financial Woes: $5 Billion Loss and Cash Burnout Loom

by theparliamentnews.com
written by theparliamentnews.com

OpenAI, the San Francisco-based AI startup and leader in the artificial intelligence sector, is facing significant financial challenges. According to a report by The Information, OpenAI is projected to incur a staggering $5 billion loss in 2024, despite expected earnings of between $3 billion and $4.5 billion. This alarming projection indicates that OpenAI could run out of cash within the next 12 months, raising concerns about the sustainability of its current operations and future ambitions.

Massive Expenditures on Cloud Infrastructure

A significant portion of OpenAI’s financial strain is attributed to its high capital expenditure on cloud infrastructure, essential for training and running its advanced AI programs, including the widely popular ChatGPT. OpenAI relies heavily on Microsoft for its computing infrastructure, a partnership that began with Microsoft’s $1 billion investment three years before ChatGPT’s launch.

The AI giant operates around 350,000 Nvidia A100 chips, with 290,000 dedicated to running ChatGPT. Microsoft rents these servers to OpenAI at $1.3 per hour, resulting in an estimated expenditure of $4 billion on servers alone in 2024. Additionally, OpenAI plans to spend $3 billion on training its AI models and another $1.5 billion on salaries for its 1,500 employees.

Revenue Streams and Financial Deficit

Despite generating approximately $2 billion in revenue through ChatGPT and another $1 billion by providing access to its large language model, OpenAI’s financial outlook remains bleak. The projected earnings of $3 billion to $4.5 billion in 2024 fall short of covering the massive expenses, leading to a $5 billion deficit. This shortfall underscores the urgent need for OpenAI to secure fresh funding to sustain its development pace and achieve its ambitious goal of developing Artificial General Intelligence (AGI).

The Path Forward

To navigate this financial turmoil, OpenAI must explore new revenue streams, optimize expenditures, and potentially raise additional capital. The company’s ability to innovate and maintain its leadership in the AI sector will be critical in attracting investors and securing the necessary funds to continue its groundbreaking work. As OpenAI strives to push the boundaries of AI technology, its financial strategies will play a pivotal role in determining its future trajectory and success.

In conclusion, while OpenAI stands at the forefront of AI innovation, its financial challenges present a daunting hurdle. The coming months will be crucial in determining how the company addresses its cash burn and deficit, ensuring it remains a pioneering force in the AI landscape.

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BlogBusinessFeaturedIndiaLifestyle

Gartex Texprocess India New Delhi witnesses a grand opening today. Hon’ble Minister of Textiles, Shri Giriraj Singh graced the inauguration

by theparliamentnews.com
written by theparliamentnews.com

New Delhi,1st August 2024: The 11th New Delhi edition of Gartex Texprocess India commenced today with a grand opening at the state-of-the-art expo centre, Yashobhoomi, IICC, Dwarka, New Delhi. Chief Guest, Shri Giriraj Singh, Minister of Textiles highlighting FDIs and joint venture as huge opportunities in the sector.

The show floor is packed with more than 180 exhibitors presenting 600+ brands from countries like India, China, Italy, Japan, Singapore, Taiwan, USA and to showcase the advancements from the world of textiles and garment manufacturing industry.

The 11th edition of the show was inaugurated today in the presence of the esteemed dignitaries of the textile industry, which included:

  1. Chief Guest: Shri Giriraj Singh, Minister of Textiles, Government of India
  2. Mr. Elgar Straub, Managing Director, VDMA Textile Care, Fabric & Leather Technologies
  3. Mr. Sharad Jaipuria, President, Denim Manufacturers Association & Chairman & Mnaging Director of Ginni International Ltd
  4. Mr Simon Lee, Managing Director of Hyosung Group ( Hyosung corporation India Pvt Ltd & Hyosung India Pvt Ltd)
  5. Mr Aamir Akhtar, Group President & CEO Textiles, Jindal Worldwide Limited

Addressing the gathering the Chief Guest, Shri Giriraj Singh, Hon’ble Minister of Textiles, expressed: “I see a very good programme organised with the knowledge sessions, product display and B2B networking opportunities. I thank all the companies associated with garment, machinery, fabrics and denims industry for this.” His address emphasised on encouraging the joint ventures, FDI and collaborative progress within the textile manufacturing between suppliers and manufacturers and brands. He also mentioned that that after agriculture, if there is any sector that has employment potential then it is textiles. Indian government will work in collaboration with the agriculture and textile department to drive the sector ahead. He also emphasised that ‘handlooms’ is one significant sustainable fabric.

Gartex Texprocess India has consistently been at the forefront of showcasing innovations and emerging trends in the textile and garment industry. This edition is featuring an array of innovative product launches from various brands catering to denims, machinery manufacturing, sewing machines, fabrics, trims, accessories and more.

Mr. Raj Manek, Executive Director and Board Member of Messe Frankfurt Asia Holdings Ltd, expressed his enthusiasm on the inauguration of the 11th New Delhi edition. He said: “We are thrilled with the overwhelming response to the 11th edition of Gartex Texprocess India from the industry stakeholders. The Indian government’s focus has been on manufacturing and it gives us the immense pleasure to witness the advancements in textiles and garment manufacturing solutions, denims and more from 200+ exhibitors. This reflects the vibrant and dynamic spirit of this sector.”

Mr. Gaurav Juneja, Director of MEX Exhibitions Pvt Ltd, added: “The impressive turnout and participation from leading brands and international exhibitors highlight the significance of Gartex Texprocess India in driving the future of the textile and garment manufacturing industry. We look forward to positive and successful show with business discussions, networking, knowledge sharing and innovations across three days. “

Day two dedicated to denims will present knowledge rich sessions from Denim industry experts who will discuss everything right from denim manufacturing to its sustainable solutions. The sessions will touch upon areas like laundry automation, sustainability, innovations in denims and how can AI tools be utilized to identify the denim trends as well as lifecycle assessment of denims. These discussions will offer the attendees a lot of crucial insight on denims that will help professionals explore their knowledge, practices and processes.

Organized by MEX Exhibitions Pvt Ltd and Messe Frankfurt Trade Fairs India Pvt Ltd, the three-day trade fair will continue to showcase industry trends and innovations till 3rd August 2024.

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