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Mahlo cooperates with universities in Bangladesh
As guest speakers at lectures at the Bangladesh University of Textiles (BUTEX) and the Northern University Bangladesh, representatives of the German mechanical engineering company Mahlo GmbH introduced the students to the requirements and solutions of modern textile production.
Rieter bags new orders in Egypt
At the Swiss-Egyptian Investment Forum which took place in Cairo (Egypt), the Cotton & Textiles Holding Company and Rieter signed additional contracts related to the modernisation programme for the Egyptian textile industry.
Welspun’s HygroCotton completes 15 years
Welspun India’s leading innovation brand—HygroCotton—has completed 15 years. The company has also accomplished another milestone of achieving $1 billion of global sales (FOB) since its introduction. HygroCotton is crafted with a proprietary spinning technology, producing yarn with a hollow core.
India dreams of capturing 8-9 per cent of the total global trade by 2020, however looking at the present scenario, it may capture a share of only 5-6 per cent by 2020.
Scope to grow
Import of textiles industry spare parts has been continuously rising from China and trend will be continued this year as well, say industry experts.
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