Global yarn production increased by 5 per cent between Q1/18 and Q2/18 whereas global fabric production decreased from Q1/18 to Q2/18, according to the ITMF (International Textile Manufacturers Federation) State of Trade Report 2018.
Month: December 2018
The Indian Government has marginally increased duty drawback rates for several textile items, applicable for the year 2018-19. However, there is a marginal decrease in the duty drawback rates of apparel items.
Pratibha Syntex was honoured with Dare to Dream Award in an event recently organised in Bhopal by the Federation of Madhya Pradesh Chamber of Commerce and Industries (FMPCCI).
Messe Frankfurt’s Texcare brand is now rounded off by Clean Show USA. Elgar Straub, Managing Director of VDMA Textile Care, Fabric and Leather Technologies, comments on the extension of Texcare trade fairs to include the American Clean Show:
The textile machinery manufacturer, KARL MAYER, is participating more and more in shows concentrating on applications and end-uses.
The Board of Directors of Rieter Holding AG has appointed Rico Randegger to the Group Management of the Rieter Group with effect from June 1, 2019. He will be responsible for the Business Group After Sales.
To facilitate the partnership between Indian and foreign buyers with manufacturers and traders, a four-day premier textile fair ‘Weaves’, with the theme “Global Connect for Weaving†was inaugurated at Texvalley. The last day of the exhibition will be December 8.