Figures published by Pakistans National Bureau of Statistics indicate that textiles and clothing export earnings grew in February by over 3 per cent compared with the previous month, to reach $1.13 billion.
Month: June 2014
Tencate Protective Fabrics of North America is the recipient of the 2014 Innovation Award from Textile World, the leading trade magazine for the US textile industry. Tencate Protective Fabrics was selected to receive the award because of the companys long-standing commitment to innovation in the textile industry.
Indian textile industry has shown a strong growth, sustained by strong domestic consumption. Availability of raw materials such as cotton, wool, silk and jute in huge quantity and skilled workforce has made India an important player in the textile industry. During FY14, powerloom is expected to be almost flat as compared to FY13.
Lakshmi Machine Works Limited (LMW), founded in 1962, is one among the three manufacturers of entire range of textile spinning machinery from blow room to ring spinning. M Sankar, VP, Marketing, shared his opinion and issues regarding LMWs participation at ITMA.
Some of the very latest news reports about China are food for thought for the Cassandras, who have predicted erosion in the textile world of this country. According to the China Chamber of Commerce for Import and Export of Textile and Apparel
Shoppers Stop has elevated Salil Nair to the position of Chief Executive Officer (CEO), effective 1 March 2014. He was working as Chief Operating Officer (COO) of the company. In his new role as CEO, Nair will be responsible for leading the development and implementation of the companys strategies, store operations, technological innovation, and more.
On its exhibition stand at the ITMA Asia CITME 2014, Rieter will be demonstrating its competence across the entire spinning process and presenting all four end spinning systems live on the stand (Hall W4, Booth No. D01).