Browsing: Industry Update

The World Bank has urged Pakistan to fully normalise trade relations with India to facilitate deep forms of trade integration as this step would allow Pakistan to benefit from New Delhi’s fast growth and promote complementarities, including value chain activities and investment potential.

The Union Minister of Textiles, Smriti Zubin Irani, inaugurated a Garment Making centre here at Lamboikhongnangkhong. The estimated cost for installing the centre will be Rs 18-crore and to be completed within nine months.

Bed Bath & Beyond, one of the leading home textile retailers in the United States, has acquired PersonalizationMall.com (PMall.com) for approximately $190 million, an online retailer of personalised products.

November 27, 2016 saw the inauguration of a new apparel and garment making centre at Imphal, Manipur by Smriti Irani, Union Minister for Textiles, Government of India.

In a major expansion plan, textile manufacturer Nahar Industrial Enterprises (NIEL) has installed two new units?Monforts Montex stenter and a Thermex continuous dyeing range?from Monforts to increase the production of Nahar fabrics.

On the one side appreciating the bold initiative of demonetisation of the Government, The Southern India Mills’ Association (SIMA) has also lamented the hardships faced by the mills.