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The Bangladesh government has taken eight jute and textile mills back from the private sector as they violated major conditions that were set when the State-owned mills were handed over. For a long time, the authorities had kept these enterprises closed after taking them over from the government, according to the jute and textile ministry of the country.
Two more American apparel brands are now capitalising on the technical textile finishing products from the Swiss technology innovator HeiQ, joining their extensive list of more than 150 brand partners.
Islamabad Chamber of Small Traders (IST) has lauded the decision of the Pakistan Government to provide Rs15 billion to the textile sector under the PM’s package.
The VDMA Textile Machinery Association has just published demanding and comprehensive programs of its B2B Forums & Conferences, which will be held in Charlotte (NC) and Mexico City in November.
“In the next 10 years, home textile players will focus more on Indian markets rather than focus more on exports,†says Shrinidhi Nadgauda, Vice President, Sales & Marketing, InterMarket (India) Pvt Ltd, during the recently-concluded Textiles India 2017 event in Gandhinagar, while speaking on the home textiles market in India to Karthik Muthuveeran, Sr Sub Editor of the ITJ.
India is changing its colour from traditions to fashion and textile and apparel industry is the best observer to witness the same. We are growing and expanding to be precise we are developing beyond boundaries. From a country once considered only as a farmers land. India today has explored and is competing in each and every segment from textiles to electronics, our presence is dominant everywhere.
Alessandro Zucchi succeeds Raffaella Carabelli as President of ACIMIT. Alessandro Zucchi has succeeded Raffaella Carabelli following the members’ assembly of ACIMIT, which was held on June 27.
The Ministry of Tourism and the Travel Trade Associations have been working on this subject ever since our independence 70 years ago. However there is not much done, for which India can boast.
SSM is a global technology leader with a strong brand and this acquisition is expected to result in strengthening of the Rieter’s Business Group Components.