Year: 2018

Held every four years since 1951, ITMA has reinforced its reputation as the world’s leading textile and garment technology exhibition. Exhibition space for its 18th showcase to be held in Barcelona has been fully booked by the application deadline of 6 April 2018.

ITM 2018, the seventh edition, held at Istanbul in Turkey witnessed over 50,000 visitors’ footfalls, bringing smiles on the faces of around 1,500 exhibitors, covering technologies in the entire range of textile machinery and accessories and also yarn producers.

A digital platform for exporters in the micro, small and medium enterprises (MSME) industry has been launched by Indian Commerce and Industry Minister Suresh Prabhu. The interesting idea for such a platform was given by the Federation of Indian Export Organisations (FIEO). FIEO GlobalLinker will help MSMEs to digitise their businesses.

Reliance Industries Ltd (RIL) said that it has bid jointly with JM Financial Asset Reconstruction Company to acquire the -ridden textile manufacturer Alok Industries. In a clarification to stock exchanges, RIL said it is awaiting the outcome of the process.