Welspun India has incorporated a wholly-owned US subsidiary Welspun Nexgen Inc registered with the State of Delaware, having paid up capital of $4.25 million to make investment in e-commerce companies.
Browsing: Industry Update
The biggest international trade fair for home and contract textiles, Heimtextil, which hosts around 2,975 companies from various parts of the world, has kicked off in Frankfurt, showcasing design innovations.
Archroma, a global leader in colour and speciality chemicals, has become a signatory of the United Nations Global Compact, joining the world’s leading voluntary corporate social responsibility initiative, with more than 9,500 participating companies from 160 countries.
Welspun India, one of the largest home textile manufacturers in the world, has introduced a patented, end-to-end traceability process Wel-Trak. This revolutionary process ensures that customers and consumers can trace the provenance of the cotton raw materials throughout the supply chain from farm to the retail shelf.
The 4th Morocco International Textile Machinery Fair will be opening between March 28-31, 2018 with the participation of domestic and international textile machine professionals. Morocco Textile Machinery will be attracting thousands of visitors from The Middle East the Arabian Gulf, Europe, Russia& CIS Countries.
Vietnam’s textile and garment industry has targeted a year-on-year increase of 10 per cent in export value to $34 billion in 2018 despite difficulties in markets at home and abroad, according to Le Tien Truong, General Director of the Vietnam National Garment and Textile Group (Vinatex). He recently reported Vinatex’s performance at a meeting in Hanoi.
An apparel and textiles park will be set up on the outskirts of the state capital for which a land tract spread over more than 100 acres has been earmarked, Bihar Deputy Chief Minister Sushil Kumar Modi said.