Indo Count Industries Ltd (ICIL), one of India’s largest home textile manufacturers, has recorded 600% increase in PAT in Q4 FY21 to Rs 580 million from Rs 80 million in Q4 FY20. PAT was up 241% in 2020-21 to Rs 2490 million from Rs 730 million in 2019-20.
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The International Trade Centre (ITC) – a joint agency of the United Nations and the World Trade Organization – in partnership with India International Textile Machinery Exhibitions (ITME) Society hosted TextilesExchange 2021 on April 23-24, 2021.
Rieter, the world’s leading supplier of systems for short-staple fiber spinning, received orders of around CHF 300 million in April 2021. The order intake in April was broadly based internationally with the main focus on Turkey, Uzbekistan and India.
In line with the recent announcements and new measures in place to tackle resurging cases in Mumbai, Industry leading shows such as Gartex Texprocess India, Screen Print India, ISH India powered by IPA, Media Expo and LED Expo have been rescheduled.
After almost 30 years with the company, Klaus Heinrichs, Vice-President, Monforts, is to retire at the end of May. A very well-known and respected figure in the industry, Klaus began working in marketing for the company in 1992.
BRFL Textiles Pvt Ltd(BTPL), home to India’s largest single-roof state-of-theart fabric processing facility, has set a new benchmark in sustainability by introducing a new sulphur dyeing process by continuous dyeing method that does not require water.
The US Centers for Disease Control and Prevention have recommended face masks to protect against COVID-19 practically since the pandemic began, and still the debate about their efficacy endures.