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Slump in global trade does not augur well for India’s textile exports till 2020
January 2020
The year 2019 was challenging for the Indian textile industry with exports of textile & apparel declining by 4.3 per cent to $22 billion in the first seven months of FY2020 (April-November); thus, impacting the textile machinery segment as well.
Lenzing to invest €100 mn in sustainable technologies
July 2018
The Lenzing Group is expanding its environmental leadership commitment. As a leader in wood-based cellulosic fibres, the Austria-based company is continuing its ambitious roadmap towards sustainability in textile and nonwovens industries, by investing more than €100 million in sustainable manufacturing technologies and production facilities until 2022.
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