Browsing: Industry Update

Century Textiles & Industries reported a multi-fold jump in its net profit at Rs 120.24 crore for the first quarter ended June 30, mainly on account of lower expenses.

Amazon India has signed an MoU with the Telangana Department of Handloom and Textiles to educate, train and enable weavers and artisans to directly sell their products to Amazon customers across the country.

Speciality chemicals company LANXESS has added new, water-based dyestuff to its portfolio of leather finishing products and which are suitable for spray or throughfeed dyeing, effect, base and top coats.

In July 2017, seven VDMA member companies presented their technologies to the representatives of the Colombian textile industry.

In another defining acquisition to strengthen its presence in the country, Messe Frankfurt India Trade Fair Pvt Ltd has acquired the rights of Screen Print India.

Mayer & Cie. expects the handover of representation to Fi-Tech to boost its presence in the US and to provide easier access to new customers.

Recently, an event was held at Cambridge, USA-based Massachusetts Institute of Technology (MIT) to support and encourage the development of smart fabrics with electronics and special functionality in them. T