Browsing: Industry Update

The index of orders intake for Italian textile machinery, processed by ACIMIT (Association of Italian textile machinery manufacturers) for the period April-June 2021, was up 214% compared to the same period in 2020.

WebXpress, a Global Transportation and Logistics SaaS provider, has successfully deployed their offering – LogiCloud, a supply chain visibility platform for Bestseller India.

The index of orders intake for Italian textile machinery, processed by ACIMIT (Association of Italian textile machinery manufacturers) for the period April-June 2021, was up 214% compared to the same period in 2020.

According to Roland Fischer, CEO Oerlikon Group, the company delivered a strong second quarter and half-year performance, due to the strategy and the actions taken over the past two years.

Cotton yarn and spurn yarn prices to increase with a rise in demand from domestic as well as export spinners. The cotton yarn prices rise is directionally in line with the rise in cotton prices in June 2021.