The Confederation of Indian Textile Industry (CITI), the apex national chamber of textile industry, elected its new leadership team led by Naishadh Parikh as Chairman. Mukund Choudhary and Thulasidharan will continue as the Deputy Chairman and Vice Chairman respectively.
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PREMIER’s philosophy of “Intelligent Technologyâ€Â, “Intelligent Solutions†and “Intelligent Support†is designed to address the challenges, while at the same time making it easier for the textile producer to achieve his quality goals. With the joint venture with Saurer Group, whose Saurer Schlafhorst is one of the world’s leading producers of automatic winders, the intelligent solutions will take a quantum leap towards a complete data control in the spinning process.
Calvin Klein, Inc. and Premium Garments Wholesale Trading Pvt Ltd (a joint venture between Calvin Klein Inc. and Arvind Brands and Retail Ltd.), announced the opening of the new Calvin Klein Underwear store at High Street Phoenix in Mumbai.
The Karnataka Government has modified its Textile Policy 2013-18 to strengthen textile value chain activities and to boost technical textiles.
Welspun India has achieved a revenue at Rs 14,723 million against Rs 14,135 million, a 4 per cent growth YoY. Growth rate was muted on account of base effect and capacity constraints. During Q3FY16, incremental volume from modernisation project at Vapi will be available.
Lectra, the world leader in integrated technology solutions dedicated to industries using soft materials´fabrics, leather, technical textiles and composite materials´has announced that a German competitor´s machine was declared as infringing a Lectra´s patent protecting a solution for cutting one-piece-woven (OPW) airbags in Germany.
The Telangana Spinning & Textile Mills Association (TSTMA) has sent an SOS to the Central government asking for help to ensure that healthy mills do not face closure due to adverse external factors.