Savio to exhibit solutions-oriented portfolio at ITMA Asia to maximise machinery return on investment
Browsing: Industry Update
French textile equipment association UCMTF unveils its new website. It can be used by the textile industrialists to find a French textile partner looking for new equipment, technology partners, and textile manufacturers.
The Lenzing Group has welcomed the issuance of the guidelines to implement the Single-Use Plastics Directive. In the guidelines, EU Commission has mentioned which product falls within the scope of the directive.
Deliveries of new short-staple spindles, open-end rotors, and long-staple spindles dropped by -48%, -27%, and -46%, respectively, says ITMF report. However, shipments of large circular knitting machines marked the exception with a 13% growth.
As the global demand is picking up and global players are diversifying their supply chain, it is expected that Indian exports will show a gradual improvement in the next 2 years, says India Ratings & Research (Ind-Ra).
EFI Reggiani celebrated 75 years of heritage in 2021 for innovation and glamour in the textile world. During the celebration, the brand revealed the launch of three new, state-of-the-art digital textile printers.
In order to meet the demand of the non-cotton fashion industry, the textile millers in Bangladesh have demanded a withdrawal of value added tax (VAT) and import duty on all kinds of manmade fibres (MMF).