Browsing: Industry Update

Kornit Digital Ltd, a global market leader in digital textile printing innovation, unveiled Kornit NeoPoly Technology, which is the industry’s first digital, industrial process for high-quality printing on polyester.

Rising cotton prices are set to hit profit margins of textile and apparel players due to their inability to pass on the high production cost on to consumers as seasonal demand is weak.

Karl Mayer, Rabatex Industries and A.T.E. have signed a contract for setting up a joint venture. The legally independent company is called Karl Mayer Textile Machinery India Private Limited, has its registered office in Mumbai and production facility in Ahmedabad.