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With the onset of GST regime, there have been a lot of concerns amongst the member-exporters regarding LUT/ BOND/ Bank Guarantee, refunds, fate of export promotion schemes etc. To address the concerns of the exporters, the Indian Textile Accessories And Machinery Manufacture Association (ITAMMA), organised the seminar on imports and exports.
In a Hong Kong laboratory, researchers are working with one of the world’s biggest cloth makers to improve its production process using a special ingredient: bacteria.
SATVA Living and MultiFit come together for a fit, fashionable and pure way of living this festive season. SATVA Living is founded on a belief that ‘organic and recycled clothing means being mindful’; and MultiFit – India’s fastest growing functional fitness brand is based on the idea that ‘fitness should extend beyond dumbbells and machines’.
More than 200 exhibitors will showcase promotional textiles and related products at PSI 2018, the leading European trade show of the promotional products industry during January 9-11, 2018 in Düsseldorf. Only logos, slogans and pictures turn textiles into promotional textiles.
Despite facing difficulties, the garment and textile sector in Vietnam is expected to export products worth $31 billion this year, a year-on-year increase of 10.2 per cent, and the outlook is bright for next year too, the Viet Nam Textile and Apparel Association (VITAS) has said.
Textiles are used to make homes, offices, and entertainment, commercial and health establishments both appealing and comfortable. Things like seat covers, carpets and curtains are used in most establishments. Time and again studies into fire-related catastrophes have revealed that fabrics / textiles are to be blamed for the quick spread of the fire.
Supercapacitor fibres that can serve as power source for wearable technologies has been recently developed. A team of scientists from Deakin University, Australia has spun 2-dimensional “MXene,†into fibrous strands, which can be a power source for electronic gadgets.
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.