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Nandan Denim Limited (NDL), has reported a net profit of Rs16.33 crore for the second quarter ended September 2017 as against net profit Rs 16.41 crore in the corresponding period of previous year. Net sales for the Q2 FY 18 were at Rs 414.98 crore higher by 37 per cent over corresponding net sales of Rs 302.63 crore.

Over the last three months Ethiopia has earned 31.2 million USD from textile and garment export, disclosed the Ethiopian Textile Industry Development Institute. The Institute also stated that the foreign currency generated from the textile sector has been steadily growing.

Mouvent, a company that is focused on digital print technology, achieved a major milestone with its first ever global tradeshow demonstration of its ground-breaking textile printing machine, the TX801, at ShanghaiTex expo, held from November 27 to 30, 2017.

Baldwin Technology Company Inc.—a world leader in providing process automation solutions, consumables and services for the print, packaging, textile and corrugated industries—has acquired QuadTech, Inc, from its parent company, Quad/Graphics.