The provisional data of the Cotton Textiles Export Promotion Council revealed that the exports of readymade garments and manmade textile declined by 20.78% and 21.20%, respectively. The final data is expected by May end.
Browsing: Industry Update
The first four months of the current year have been profitable for Vietnam as there was an increase in the export of textile and garments. As per the Ministry of Industry and Trade, it has earned over $9.5 billion in Q1.
The RBI Governor has announced measures for cash-starved enterprises in the MSME and SMB sectors. Banks can now deduct credit disbursed for new MSME borrowers from their NDTL for calculation of CRR.
Q-Rich Creations’ subsidiary will invest 12 million in setting up a plant in the UK to manufacture packaging products made of 100% recycled paper. It aims to supply packaging materials to businesses in the UK from June.
Owing to an increase in the orders from the domestic Italian market and overseas, the Association of Italian Textile Machinery Manufacturers (ACIMIT) has recorded a better performance in the first quarter of 2021.
The CEO of Ajmera Fashion was awarded for his consistent and commendable work towards women empowerment in the textile sector.
KARL MAYER’s RD 7/2-12 EN and RD 6/1-12 EN are available now in a working width of 190″. The seven-bar machine was previously available in working widths of 77″ and 138″, while the six-bar equivalent was available as a 138″ variant.