Textile firm Welspun India has reported a 38.39 per cent decline in consolidated net profit at Rs 128.56 crore for the June quarter due to lower income and higher expenses.
Month: August 2017
As per the data available with the Government, the export of textiles and garments has shown an increase of 3.2 per cent during the last three years.
In another defining acquisition to strengthen its presence in the country, Messe Frankfurt India Trade Fair Pvt Ltd, the Indian subsidiary of one of the world’s leading trade show organisers.
In another defining acquisition to strengthen its presence in the country, Messe Frankfurt India Trade Fair Pvt Ltd has acquired the rights of Screen Print India.
In July 2017, seven VDMA member companies presented their technologies to the representatives of the Colombian textile industry.
Speciality chemicals company LANXESS has added new, water-based dyestuff to its portfolio of leather finishing products and which are suitable for spray or throughfeed dyeing, effect, base and top coats.
In 2017-18, world cotton production is projected to increase by 8 per cent to 24.9 million tonne while the global cotton consumption is forecast to rise by 2 per cent to 25 million tonne.