A business delegation from South Korea which was in India to explore business and investment opportunities and led by Kihak Sung, also met Telangana Industries and IT Minister KT Rama Rao.
Month: August 2017
Azerkhalcha Company in Azerbaijan plans to revive the country’s weaving traditions and reintroduce its hand-woven carpets to the world. The company recently opened its first branch in the Horadiz settlement of the Fizuli region and plans to launch nine branches by end of 2017. The aim is to set up 30 outlets employing 5,000 people.
Australia-based Bendigo Woollen Mills has purchased Wangaratta Woollen Mills, the largest woollen mill in Australia, and its associated company Australian Country Spinners. The acquisition has led Bendigo to become the largest producer and distributor of hand-knitting yarn in New Zealand and Australia. The Wangaratta mill has an overall floor space of 15 acres.
Catalysing New Technologies Expositions and Services (CNT; formerly known as Inkjet Forum India) will re-launch the Inkjet India Conference as the Digital Textile Symposium. The conference, currently in its seventh year, will delve deeper on the opportunities and market growth enabled by new high speed and high performance digital textile systems and consumables.
Indorama Ventures Public Company Limited (IVL) has entered into an agreement to acquire DuraFiber Technologies México operations, S. A. DE C. V. (DFT), a leading Mexican producer of durable technical textiles for industrial, tyre reinforcement, and specialty applications globally. This will further strengthen IVL’s position in automotive fibre market.
The Texas Farm Bureau estimates the cotton crop in the US could be the largest in 11 years, citing a report from the US Department of Agriculture.
GoCoop, India’s first online marketplace for weavers and artisans hosted ‘Go Swadeshi’- a one of a kind exhibition that showcased a wide range of exquisite handloom sarees and products by weavers and artisans