Browsing: Industry Update

LANXESS India Private Limited, a subsidiary of leading global speciality chemicals company LANXESS, has continued its association with Teach For India, which promotes the need for quality education throughout the country.

The OEKO-TEX® Association has published the next round of findings from “The Key To Confidence: Consumers and Textile Sustainability—Attitudes, Changing Behaviors, and Outlooks” focused on millennials and parents.

The Raymond Group, under JK Investors (Bombay) Ltd, signed pacts worth Rs 425 crore with the government of Maharashtra. This would be to set up residential complex, commercial amenities, school project and sport complex in Nandgaon Peth, Amravati, the group said in a statement.

Skyscreen Pvt Ltd, a leading screen printing materials supplier in India, is introducing Stahls’ complete heat transfer kit from the USA, for those who want to start its own personalised t-shirt printing business.

Indian Textiles Minister Smriti Irani recently announced a proposal to jointly set up a yarn depot with the Uttar Pradesh government to give a further boost to the textile sector in the State, which garnered proposals worth Rs 7,000 crore in the run-up to the two day investors’ summit that concluded in state capital Lucknow on February 22.

SSM (Scharer Schweiter Mettler AG), Switzerland’s leading supplier of precision winding machines in the fields of dyeing, weaving, and sewing thread preparation, is set to show its latest applications at ITM 2018, the 34th international textile machinery exhibition, to be held from April 14 to 17, 2018, in Istanbul, Turkey, in hall 3, booth 301A and 313A.

In a recently completed study by JLL India’s largest real estate service firm, retail supply in the next three years (2018 – 2020) is expected to be at 19.4 million square feet (msf). In the same period demand will be approximately 15 msf. The study revealed that 2018 will see the highest supply since 2011.