Year: 2018

The total domestic demand for textile machinery during 2017-18 was Rs 13,613 crore of which imported machinery constituted Rs 9,652 crore, says the report from TMMA.

A Centre of Excellence (CoE) in textiles will open in Hawick, Scotland early next year. It was one of a range of “key projects” to boost the economy awarded funding by the South of Scotland Economic Partnership (Sosep) this summer.

RedCarpet365 Ltd had organised a press conference on November 10, 2018 at National Press Club of Dhaka, on the occasion of 3rd edition of BIGTEX – Bangladesh Int’l Garment Textile Machinery Expo 2018.

For the six months ended September 2018, the company reported a net profit of Rs 13.16 crore. Net sales in the first half of FY 2018-19 at Rs 727.61 crore. For H1 FY 2018-19, EBITDA margin stood at 12.03 per cent and PAT margin at 1.81 per cent.