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Grasim to acquire Soktas India
March 2019
Grasim Industries Limited has signed a definitive agreement to acquire 100 per cent equity shareholding of Soktas India Private Limited (SIPL) for an enterprise value of Rs 165 crore, subject to net debt and working capital adjustments, as of the closing date.
SIMA hails enhanced export benefit for garments & made-ups
March 2019
In the post-GST implementation period, the exports of garment and made-ups have been struggling due to inadequate export benefits and tariff barriers in the global market.
ITMA 2019 Forums get strong industry support
March 2019
The world’s leading textile and garment technology exhibition, ITMA 2019, will be complemented by several key forums when it is held in Barcelona in June, two of which are the ITMA-EDANA Nonwovens Forum and Textile Colourant and Chemical Leaders Forum.
Messe Frankfurt, MEX Exhibitions tie-up for textile sector
February 2019
With portfolio expansion and future development of the industry in sight, the organisers of Texprocess India and Gartex India have entered into a strategic alliance to form a unified industry platform ‘Gartex Texprocess India’
VJTI’s VASTRA 2019 – A huge success
February 2019
The 16th edition of the annual technical summit VASTRA 2019 was celebrated on the February 15-16, 2019. VASTRA’19, organised by the Textile Manufacturers Department of VJTI Mumbai, is a national level technical and fashion summit.
Denimsandjeans in Vietnam on June 12-13
February 2019
The next edition of Denimsandjeans in Vietnam coming up on June 12-13, 2019 is expected to bring renewed interest especially in terms of new treaties being signed by the country.
Uzbek blueprint to boost textiles
February 2019
Uzbek President Shavkat Mirziyoyev has signed a decree to deepen reforms in the textile industry to fully reprocess raw cotton domestically and increase export potential of the country
Kornit bags US order
February 2019
Kornit Digital Ltd, a company that develops, designs and markets innovative digital printing solutions for the global printed textile industry, has announced it has received an order from DTG2Go, a Delta Apparel, Inc company
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