Oerlikon has announced that it has acquired Primateria AB in Sweden und signed an agreement to acquire the assets of DiaPac LLC and Diamond Recovery Services Inc (DRS) in the US.

Teijin Limited has developed a smart uniform for firefighters incorporating a sophisticated wearable device that monitors body heat.

Cotton market will show signs of pressure, for at least a short timeframe. Looks like, there is going to be lot of cotton world over. Addressing the 95th Annual General Meeting of Mumbai-based Cotton Association of India, Nayan Mirani stated recently, “cotton prices are likely to witness a depressing trend.”

The project on “Cleaner environment in campus using kenaf fibre” carried out by students Niveda and Gowtham of the Kumaraguru College of Technology (KCT) under the mentorship of Dr G Ramakrishnan,etc.

The cotton sector in India has clocked an envious growth and it has carved a niche for itself in the international market. India has the largest acreage under cotton, which is about 1/3rd of the world’s total cotton acreage.

Manikam Ramaswami, 63, Chairman and Managing Director of Loyal Textile Mills, passed away recently. He is survived by his wife Valli Manikam Ramaswami and daughter Vishala Ramaswami.

The Haryana Government said it is preparing a new textile policy for Panipat and Sirsa, which will be notified by the end of October this year. This was stated by Chief Minister Manohar Lal Khattar who was interacting with representatives of various industrial associations in Panipat.

Viral Desai, CEO of the Surat-based Zenitex, was recently invited as a panelist at the prestigious international conference of the Society of Dyers and Colourists (SDC) held in Mumbai.

The Jammu and Kashmir Government is mulling over a comprehensive package to address problems faced by the State’s carpet sector, the State Finance Minister Haseeb Drabu said. A delegation of carpet traders and manufacturers recently met him and urged for reducing the 12 per cent tax on carpets under the goods and service tax (GST) regime.