As per the data obtained from the MIIT, China’s textile industry has recorded good growth during the first quarter of 2021. The industry’s revenue increased by 20.3% this year.
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Many states in India are experiencing total lockdown due to which the garment export sector is badly affected. The sector has recorded a loss of around $15 billion during the second wave of the coronavirus pandemic.
Trident, a well-known textiles and paper maker, is planning to raise an amount of Rs 11 billion with NCDs and equity shares in the market.
Though plant sites are functional with a restricted occupancy level, 1QFY22 may not be a lost quarter, thanks to strong export markets, says Mahaveer Jain of India Ratings
ANDRITZ has received an order from Pratrivero for a new excelle batt forming line to boost their production supplies in Italy. This line includes an excelle card and crosslapper
The event is scheduled to take place from June 12-16 in Shanghai, China. The company will be present both physically and virtually at Booth C31, Hall 4 of the National Exhibition and Convention Centre.
Expert speakers from the field of textile and fashion industry shared their valuable insights in the series with the students of the department