The recent pandemic has bought many lifestyle changes that include people getting conscious about their hygiene and they prefer the stay-at-home option more; thus, leading to growth in demand for home textiles.
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DBL Group has decided to invest an amount of $650 million to set up 10 manufacturing units for ceramics, textiles, and sanitary ware in the Sreehatta Economic Zone in Moulvibazar.
DBL Group has decided to invest an amount of $650 million to set up 10 manufacturing units for ceramics, textiles, and sanitary ware in the Sreehatta Economic Zone in Moulvibazar.
Today there are around 20 digital carpet printers from ZIMMER AUSTRIA installed in the market and all are serviced by the manufacturer with additional support by their partner – A.T.E.
According to the financials presented by Danfoss in the first half of 2021, the sales of the company have grown by 18% and have reached EUR 3.3 billion.
India’s textiles sector has been attracting a lot of investment from the UAE as the country is trying to promote the exports of handloom textiles in the next 3 years.
According to the industry insiders, as the prices of yarn are increasing, the buyers are not ready to increase the product prices due to which they are losing orders.