For the second consecutive year, ACIMIT, in partnership with the Italian Trade Agency, has organised a collective venture at Irantex, the primary trade fair for the Iranian textile and textile machinery sector, to be held in Tehran from 4 – 7 September 2017.
Month: August 2017
Recently, an event was held at Cambridge, USA-based Massachusetts Institute of Technology (MIT) to support and encourage the development of smart fabrics with electronics and special functionality in them. T
The International Cotton Advisory Committee’s Secretariat has forecast that the A Index in 2017-18 will range between 54 cts/lb and 87 cts/lb with a midpoint of 69 cts/lb. The midpoint would be 13 cts/lb lower than in 2016/17. This follows the large increase of 12 cts/lb from 2015-16 to 2016-17, which suggests that such a drop is not unreasonable.
Mayer & Cie. expects the handover of representation to Fi-Tech to boost its presence in the US and to provide easier access to new customers.
According to data compiled by ACIMIT, the Association of Italian Textile Machinery Manufacturers, the order index for textile machinery during the period from April to June rose by 26 per cent compared to the same period in 2016.
The GST council has reduced the tax rate on job work on all textile-related items to five per cent from 18 per cent to ensure that the labour-intensive sector is not adversely impacted under the new tax regime.
After starting in a small workshop in 1892, Stäubli has developed into a leading industrial partner for high-quality mechatronic solutions and technologies.