Month: May 2017

The Indian High Commissioner to Bangladesh, Harsh Vardhan Shringla has said that both countries need to work together to tap the benefits of global textile industry changes.

The transition to GST will disrupt the working capital cycle of businesses in the initial phase and thus easy

liquidity in the system is essential for two to four months, says India Ratings and Research (Ind-Ra).

Dr N N Mahapatra, President of Ahmedabad-based Colorant Ltd, has been awarded the Life Time Achievement Award at the 30th National Convention of Textile Engineers and National Seminar

OS Manian, Tamil Nadu Handlooms and Textile Minister, said that the Tamil Nadu Handloom Weavers’ Co-operative Society Ltd, popularly known as Co-optex, has recorded total sales of Rs 315 crore in 2016-17.

A delegation from the knitwear hub of Tirupur has visited Odisha to assess investment opportunities in setting up garment manufacturing units in the State. The delegation also held discussion with the Odisha Government officials on the possibility of making investments in a new textile park near Bhubaneswar.

Germany-based Hakro GmbH has signed a partnership agreement with the Cotton made in Africa (CmiA) to buy its certified cotton. Having recently launched a collection in organic cotton, the medium-sized enterprise has pledged commitment to CmiA.