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Itema announces the acquisition of PTMT (ex Panter)
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.
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Tengri launches yarn from Khangai camel fibre
Tengri, a UK-based luxury lifestyle brand specialising in clothing, accessories and home interiors that since 2014 has championed the manufacture of noble yarns and fibres from the endemic Khangai yak
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FIASWI seeks no legal suit against entrepreneurs
The Federation of Indian Art Silk Weaving Industry (FIASWI) recently urged the government not to initiate legal action, under the Disaster Management Act, 2005, against cash-starved textile entrepreneurs who are unable to pay wages to their workers for April.
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