Hyosung Corporation, the largest global spandex producer of South Korea, which is working with several leading Indian players in the textile field is likely to invest around Rs 3,000 crore Maharashtra’s spandex project.
Browsing: Industry Update
Apparel exports have declined by 14 per cent in rupee and 8 per cent in dollar terms in January this year compared with the year-earlier month, latest data showed. Exporters cutting back on orders because of funds crunch and the delay in refund of levies hurting industry, say sources.
Durst, a manufacturer of advanced digital printing and production technologies, has launched a new printing platform – the P5 series. The first member of the family is the large format printing flagship, P5 250 HS, with shipping starting from April.
During the Sourcing at MAGIC tradeshow in Las Vegas held recently, Electronics For Imaging, Inc showcased its award-winning end-to-end solution for digital textile manufacturing – the EFI™ Mini Textile Factory.
The orders index for textile machinery compiled by ACIMIT, the Association of Italian Textile Machinery Manufacturers, rose by 29 per cent for the period from October to December 2017 compared to the same period for the previous year. The index value stood at 120.9 points (basis: 100 in 2010).
Portuguese knitted fabrics producer Tintex introduced a new fabric range from the naturally advanced cotton at Premiere Vision Paris on February 13. This new range will offer an advanced smart choice of three different premium and responsible advanced cotton solutions such as Ecotec by Marchi & Fildi, GOTS certified organic cotton and Supima.
During the Sourcing at MAGIC tradeshow in Las Vegas, Electronics For Imaging Inc showcased its award-winning end-to-end solution for digital textile manufacturing – the EFI mini textile factory. A unique offering for industrial textile digital printing,etc.