As the demand for women’s innerwear increased due to lockdowns, the sales in this department went up by 4 to 5 times. This growth was seen more in tier 2 and tier 3 cities.
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Telangana government is developing a state-of-the-art weaving facility at Peddur village in Sircilla. Welspun has laid a second foundation stone for an advanced textiles project with an investment of Rs 4.15 billion.
A new capacity line has been launched by Ascend Performance Materials to meet the growing demand by the customers. The company has expanded HiDura long-chain polyamides production capacity in Greenwood.
As per the report by SIDBI-CRIF, the Indian textiles and apparels industry has availed credit of Rs 1620 billion as of December 2020. As on this date, the active loans stood at 426 thousand.
BRÃœCKNER will present its product portfolio and services from June 12 to 16 in hall 6, booth number A18 at ITMA ASIA in Shanghai. The team is looking forward to its customers.
The shoe industry is affected by short collection cycles and is under the pressure of time and cost. Two medium-sized German enterprises KARL MAYER STOLL and DESMA have joined forces to overcome this issue.
Vaccines, social distancing, and face masks (VSF) are important tools in the toolkit to wage the war against COVID-19, says Prof Seshadri Ramkumar.