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KARL MAYER buys STOLL
As part of its growth strategy, the KARL MAYER Group has concluded an agreement to acquire the STOLL Group.
Indian firms eyeing Africa for apparel manufacturing
Abundant young talent, simple trade agreements, income tax breaks, cheap labour and power, friendly tax laws, strategic geographical position and the announcement of African Continental free trade area (AfCFTA) makes Africa the preferable destination for apparel manufacturing industry.
Huntsman, Xenon partner to form Navicolor
Huntsman Textile Effects and Xenon arc has announced formation of NaviColor, a dedicated marketing channel to service unique needs of select customers in the United States textiles and apparel industry.
End GST disparity to gain global share
India’s textile exports have plateaued during the past five to seven years. The domestic textile and apparel industry, including handicrafts, stood at $140 billion in 2018, of which $40 billion was exported to the world market.
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