Demand for carpets and rugs in the US is projected to advance 4.5 per cent annually to 14.6 billion square feet in 2019, valued at $16.2 billion. Growth will be spurred by rebounding building construction expenditures and continuing consumer interest in replacement and remodeling projects, such as the removal of worn or out-of-style carpets & rugs.
Browsing: Industry Update
The Southern India Mills? Association (SIMA) jointly with PSG institutions established a Textiles Technical Training Institute (TTTI) exclusively for training the fitters and electricians at Nilambur, Coimbatore as one of its platinum jubilee commemoration activities.
Welspun Global Brands Ltd, India’s largest specialty company in the home furnishing segment, launched their new Spring-Summer 2015 catalogue of its domestic brands ? SPACES Home & Beyond and Welhome. The catalogue for both the brands speaks about the evolutionary spirit and the essence of Life that has on natural spontaneity.
Fusion Beats, the retail women?s apparel brand launches its Spring Summer Collection?15 that celebrates the free spirited, bohemian woman of today
In to its 12th edition, the 2015 edition of the Fabrics & Accessories Trade Show (F&A Show) returns from March 12-14, 2015 to the Trade Centre, Whitefield, Bengaluru and is set to offer an enhanced all-round sourcing experience with a large number of exhibitors showcasing a wide range of yarns, fabrics, accessories and services.
The Ministry of Textiles and the Man-Made Textile Research Association (MANTRA) have joined hands to encourage the small and medium enterprises (SMEs) in south Gujarat.
Saurabh Patel, Finance Minister, has announced in Budget 2015-16 that the Government of Gujarat will impose five per cent tax on technical textiles. The proposal to impose tax on technical textiles will bring additional tax revenue of approximately Rs 80 crore, Patel said.