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Technical textile industry upbeat after Techtextil India
An industry growing at a CAGR of 20 per cent to reach $28.7 billion, technical textiles is one of the most dynamic sectors in India. Techtextil India 2019, the leading platform to source products using technical textiles, reflects the industry with the biggest opening received this year.
Raymond demerges core lifestyle business
Raymond said it will demerge its core lifestyle business into a separate listed entity to simplify the group structure and create investor opportunities.
Textile bodies appeal for status quo on energy policies in TN
Tamil Nadu textile industry that accounts for one-third of the textile business, 47 per cent of the spinning capacity providing direct jobs to over 60 lakh people especially to rural masses and women folk and fetching Rs 60,000 crore as forex earnings, is the worst affected in the country under the current unprecedented recession due to raw material / finished goods transport cost and several other factors.
WACKER opens new production site in S. Korea
Wacker Chemie AG has opened a new production site for silicone elastomers in South Korea. The plant is located around 100 km southeast of Seoul at Jincheon, where the Group has already been producing silicone sealants since 2010 and speciality silicones for the electronics industry since 2012. In moving to the new site, WACKER is significantly expanding its production and therefore its position as a leading silicone manufacturer in the region. Some €15 million have been invested in the new production site.
SVPISTM organises training programme on meditex
The Department of Handlooms and Textiles, Government of Tamil Nadu and Sardar Vallabhbhai Patel International School of Textiles and Management (SVPISTM) jointly organised a series of workshops for the establishment of technical textiles activity.
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