Eleven Indian companies have closed business deals worth $1.85 with their Peruvian counterparts. The deal took place at the 1st Business Roundtable and Exhibition of Indias Garment Industry.
Month: June 2014
Although nanofibre research and development have progressed tremendously in the past two decades, commercial products that appeal to consumers are a decade away.In his speech this week at the 2014 TAPPI Conference in Nashville, tracing his journey from a chemist to a successful entrepreneur, Dr. Jayesh Doshi of eSpin Technologies.
On May 2, Indias Shri Govindaraja (SGT) Textiles announced its intention to invest $40 million in a new textile operation in Rockingham County, North Carolina, creating 84 jobs over the next two years. A part of the largest spinning group in India, SGT already operates 14 manufacturing units across two states in Southern India, boasting an installed capacity of 400,000 spindles.
Despite the government allowing 100 per cent FDI in single-brand retail, many foreign fashion brands, are tying up with leading e-tailers to enter the country. Dorothy Perkins, a UK-based fast fashion brand is the most recent example, which has exclusively partnered with Jabong.com. Jabong, backed by the German internet incubator Rocket Internet, is also selling Miss Selfridge in India.
Germany-based Terrot GmbH, a leader of circular knitting machine manufacturing, has taken over the operational business of the insolvent PILOTELLI Macchine Tessili S.r.l., based in Cazzago San Martino (Brescia) by signing the corresponding contract today at a notary in Milan with the receiver in insolvency Dott. Flavio Rada.
Savio introduces for the first time in an international exhibition the new winder POLAR/E PREMIUM, after its road show in China and in Turkey in late 2013.
Prashant Group comprises of Indias premier engineering companies offering technology-enabled solutions to solve weavers toughest challenges, demonstrating a strong commitment to excellence.