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MSMEs face existential crisis
August 2020
Crisil report says that the pain will radiate as India Inc heads towards approximately 15 per cent decline in revenue and approximately 25 per cent fall in earnings before interest, taxes, depreciation and amortisation (Ebitda).
Grasim’s Staple Fibre Division wins award for CSR
August 2020
Grasim Industries, Nagda bagged the 14th Golden Peacock Awards 2019 for CSR in the Textile & Apparel sector, for the project “Integrated Rural Development”.
Gartex Texprocess to be held from Dec 17–19 2020
August 2020
With an aim to provide an impetus to denim industry stakeholders in the aftermath of the pandemic, organisers Messe Frankfurt Trade Fairs India and MEX Exhibitions have jointly announced new dates for both New Delhi and Mumbai editions of the Denim Show.
Denim Show announces new dates
August 2020
With an aim to provide an impetus to denim industry stakeholders in the aftermath of the pandemic, organisers Messe Frankfurt Trade Fairs India and MEX Exhibitions have jointly announced new dates for both New Delhi and Mumbai editions of the Denim Show.
Antiviral fabric: The new buzzword
August 2020
Antibacterial treatment of clothing was already relatively widespread before the Covid-19 outbreak, marketed as a way consumers could critically reduce the frequency of washing their clothes but the pandemic has hastened demand for its protective qualities.
Itema announces the acquisition of PTMT (ex Panter)
July 2020
Itema, the leading provider of advanced weaving solutions, including best-in-class weaving machines, spare parts and integrated services, announces the finalisation of the agreement for the acquisition of the PTMT, formerly Panter, in business lease since April 2019.
What’s happening in India’s cotton and textile sectors
July 2020
Mumbai-based Cotton Association of India (CAI) estimated that this year’s Indian crop (October 1, 2019-September 30, 2020) to be 33.55 million bales (170 Kgs each) as against its previous estimate of 33 million bales (170 Kgs each). This is about 550,000 bales higher than the previous estimate.
Export curbs taking huge toll on spunbond nonwoven
July 2020
The multiple restrictions on exports of Spunbond nonwoven fabric and masks, and regulation of their prices in the wake of the outbreak of Covid-19 cases since March, has taken a huge toll on the Spunbond Nonwoven fabric industry, an industry association has said and demanded that the restrictions be lifted immediately.
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