Directa Plus, a producer and supplier of graphene-based products for use in consumer and industrial markets, has launched two new textile collections containing the company’s Graphene Plus (G+) by Eurojersey, a producer of high quality warp-knit technical fabrics under its Sensitive Fabrics brand, and Colmar. Both collections were unveiled at ISPO 2018, the sport and sportswear international trade fair held in Munich.
Month: February 2018
Asics Ventures, the investment subsidiary of sportswear brand Asics, has made its first investment, taking a stake in Ai Silk Corporation, a Japanese start-up affiliated with Tohoku University that is developing conductive textiles.
Indo Rama Synthetics, India’s largest dedicated polyester manufacturer, announced its unaudited financial results for the quarter and nine months ended December 31, 2017.
The Maharashtra cabinet has approved a new textile policy for 2018-2023 to attract investment of Rs 36,000 crore and generate 10 lakh jobs. Reducing power tariff and raising capital subsidy for spinning mills are two key aspects of the policy, which takes forward the ‘Make in Maharashtra’ idea to strengthen the cotton industry and silk business.
The Directorate General of Anti-dumping and Allied Duties (DGAD), under the commerce ministry, Government of India, has concluded that imposition of anti-dumping duty (ADD) is not warranted on imports of polyester staple fibre (PSF) from China, Indonesia, Malaysia and Thailand.
Prominent and key textile machinery manufactures from across the globe such as ITEMA, Dornier, Staubli, Weavetech, Lifebond, Inditec, Prashant Gamatex, LUWA, LCC, Yamuna, ColorJet, DCC, ATE, Elgi Equipments, SIMTA, Inspiron Jay Instruments,etc.
The Khadi and Village Industries Commission (KVIC) has sent a legal notice to Fab India, a chain of ethnic wear retail outlets, demanding a whopping Rs 525 crore in damages for “illegally†using its trademark “charkha†and selling apparels with the ‘khadi’ tag.