The Karnataka Government has given the green signal to Kerala-based Kitex Garments to invest Rs 493 crore for a ready-made garments unit in Hassan, Karnataka. Kitex was looking to set up an export-oriented garments unit for infants in Hassanat an investment of Rs 500 crore.

There has been an increase in Textile & Apparel (T&A) exports in November 2017 after witnessing decline since May last year.

Indian spinners are likely to see a gradual performance recovery beginning 2017-18 last quarter after facing multiple problems over the last several quarters that resulted in their profitability touching six-year lows in the previous two quarters, according to a report by credit rating agency ICRA. Cotton yarn demand is also expected to gather strength.

The International Cotton Advisory Committee, Washington, has announced recently it expects global cotton consumption to increase in the coming year.

To provide enough business opportunities, the Bihar Government is making all-out efforts to attract the investors from Punjab, especially those dealing in textiles, apparel, dyeing industry from Ludhiana. The Bihar government is offering huge incentives, better infrastructure to the industrialists to set up manufacturing units in Bihar.

The leading trade event in the world’s biggest yarn and fibre consuming market; an unrivalled ability in gathering high-quality worldwide buyers from various market sectors; strong industry affirmation on its effectiveness; synergies with concurrent international textile events… these are the key reasons why Yarn Expo is the fastest growing fair of its kind in recent years.

At the FIASWI’s Annual General Meeting held held in Surat recently, Bharat T Gandhi was re-elected Chairman of FIASWI for 2017-18.

ACIMIT, the Association of Italian Textile Machinery Manufacturers, and the Italian Trade Agency for the promotion and internationalisation of Italian businesses abroad, will be organising an exhibition space at the upcoming edition of Techtextil Russia

Over 390 Indian companies have come together together to showcase the country’s textile expertise at the world’s biggest fair for interior textiles – Heimtextil this week.