Browsing: Industry Update

The Goods and Services Tax (GST) rate for textile machinery has been fixed at 18 per cent by the GST Council at a recent meeting held in Srinagar.

Lenzing, a supplier of high-quality, botanic cellulose fibres, ranging from dissolving pulp to standard and specialty cellulose fibres, to the textile and nonwovens industry, has reported €586.2 million revenue in Q12017, up by 14.3 per cent in comparison to Q12016.

OFFIS Textile Ltd, a leader in Israel textile industry, has launched a new OFFIS Textile Sleeping Bag Sleeve which can be used in wet conditions, especially high-flood areas where many insects are widespread.

A proposal from Chalmers University of technology, Sweden has been granted funding on the basis of its innovative application for on/off dyeing by inkjet printing and its potential to influence new design and business models in the future.

Nine textile laboratories in India will be upgraded to match Japanese quality and compliance standards to improve textile exports to Japan, says KS Muralidhara, Joint Director – Laboratories, Textile Committee, Government of India.