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Rieter bags new orders in Egypt
At the Swiss-Egyptian Investment Forum which took place in Cairo (Egypt), the Cotton & Textiles Holding Company and Rieter signed additional contracts related to the modernisation programme for the Egyptian textile industry.
ITME AFRICA Gateway to Africa!
ITME AFRICA, to be held from February 14-16, 2020 at Addis Ababa, Ethiopia, shall cater to all developing textile markets and technology demand for all of Africa’s textile nations.
Ghana’s garment makers urged to gain from Brexit
Ghana’s high commissioner to the United Kingdom Papa Owusu-Ankomah recently urged Ghanaian garment and textile manufacturers to take advantage of the opportunities in the UK and European markets following Brexit.
Carrick Sports acquires Phil Day Sports
STRI Group’s construction division, Carrick Sports, has expanded its UK operation by acquiring leading sports turf contractor Phil Day Sports (PDS).
MGC takes over Melchior Textil
MGC, the textile manufacturing joint venture between the Carrington Textiles and the Portugal based TMG - Acabamentos Texteis SA and strategic finishing partner for Melchior Textil, has taken over Melchior Textil (Germany) from HOS-Group.
GHCL net revenue for Q3FY20 down by 4%
GHCL, India’s leading chemical and textile company, announced its financial results for the third quarter of financial year 2020-21.
Textile industry worried as Govt scraps export sops
The textile industry has expressed shock and anguish over the withdrawal of four per cent incentive given under the Merchandise Export Incentive Scheme (MEIS) on made-ups and garments, with retrospective effect from March 7, 2019.
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