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Technical textiles is need of the hour
Current cotton and yarn situations in leading textile manufacturing countries like India is compelling the textile industry to go for diversification.
ITOCHU to invest in acquisition of Lycra
ITOCHU Corporation announced its participation, by capital investment, in the acquisition of US-based The LYCRA Company by its capital alliance and business partner Shandong Ruyi Science and Technology Group.
Arvind's denim revolution
Arvind Limited plans to take the business to Rs 10,000 crore over the next four to five years, said Aamir Akhtar, CEO, Denims, Arvind Ltd. “Currently, the company’s textile business is around Rs 6,000 crore”, said Akhtar.
Welspun opens Rs 150-cr facility in Anjar
Welspun India Ltd, one of the world’s leading home textiles manufacturer, has entered technical textiles in a big way with the inauguration of a state-of-the-art plant in Anjar in Gujarat.
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