Reliance Industries (RIL) is to increase its presence in the polyester space after the launch of its new brand, RElan, through which it will get into co-branding of apparel. The largest manufacturer of polyester in the country, it has an annual capacity of 2 MT, almost half the country’s 4.5 MT.
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The All Pakistan Textile Mills Association (APTMA) has said that the government must ensure availability of raw materials to the struggling textile industry as promised under Prime Minister’s Export Package at the earliest).
India’s textile sector accounts for 10 per cent of the country’s manufacturing production, 5 per cent of its GDP, and 13 per cent of its export earnings, said a study released by the Associated Chambers of Commerce and Industry of India (ASSOCHAM).
Tamil Nadu?s garment production hub Tiruppur has now turned to jute products from cotton. Using a 49-day training offered by the National Jute Board (NJB) in collaboration with the National Institute of Fashion Technology-Tirupur Exporters Association (NIFT-TEA) College of Knitwear Fashion,etc.
Textile and apparel player Arvind Ltd reported a consolidated net profit of Rs 64.50 crore for the quarter ended September 30. The company had posted a net profit of Rs 76.65 crore during the same period previous fiscal.
The Southern India Mills’ Association (SIMA) has been organising the international textile machinery, accessories and spares exhibitions known as Texfair since the year 2001 for the mutual benefit of the supplier and user industries.
Uster Technologies, a high-technology instrument manufacturer of products for quality measurement and certification for the textile industry, has announced that its machinery for total cotton contamination control have proved to be successful at China’s Texhong Group.