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ITMF Annual Conference postponed to April 10-12, 2022
Due to the uncertain and unpredictable situation with regard to travel and event restrictions caused by the Corona-pandemic, the Board of the ITMF (International Textile Manufacturer Federation) together with the two co-hosts – Swiss Textiles and Swiss Textile Machinery – have decided to postpone the ITMF Annual Conference in Davos, Switzerland from September 26-28, 2021 to April 10-12, 2022.
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India may face cotton shortage due to covid
India’s entire domestic supply chain of cotton is getting affected due to Covid-19. According to King Mukherjee, President and Founder, Global Impex USA, this is referred to as ‘Tsunami Covid’.
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Vietnam’s Q1 textile exports turnover is recovering
Thanks to new Free Trade Agreements and government-assisted trade promotions and market search, Vietnam’s textile exports turnover for Q1 of 2021 has seen a modest growth after last year’s dip because of the pandemic.
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Indorama Ventures to increase capacity of Nagpur plant
The company will spend Rs 6 billion to upgrade equipment and add capacity at its Nagpur manufacturing site. The new PET resin facility at Nagpur is expected to be operational by Q2 of 2022
Indorama Ventures, IVL, Indo Rama Synthetics (India) Limited, IRSL, Investment, Nagpur, PET Resin, Fibre Manufacturing, Staple Fibres, Filament Yarns, Sustainable Textile, Combine PET, Fibres, Integrated Oxides And Derivatives, IOD
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