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Germany-based Hakro GmbH has signed a partnership agreement with the Cotton made in Africa (CmiA) to buy its certified cotton. Having recently launched a collection in organic cotton, the medium-sized enterprise has pledged commitment to CmiA.
A delegation from the knitwear hub of Tirupur has visited Odisha to assess investment opportunities in setting up garment manufacturing units in the State. The delegation also held discussion with the Odisha Government officials on the possibility of making investments in a new textile park near Bhubaneswar.
OS Manian, Tamil Nadu Handlooms and Textile Minister, said that the Tamil Nadu Handloom Weavers’ Co-operative Society Ltd, popularly known as Co-optex, has recorded total sales of Rs 315 crore in 2016-17.
Aditya Birla Group firm Grasim Industries has reported a marginal increase in the consolidated net profit at Rs 1,063.62 crore for the fourth quarter ended March 31.
About 80 European brands from the fashion and accessory, food and beverages , perfumes , interior design, etc will come under the banner of Eurosphere to Vietnam on June 16 & 17 in anticipation of EU- VIETNAM FTA becoming active in early 2018.
Research effort on silk membranes as eardrum implants by Australian Scientists is closer to reality. According to the researchers, silk membranes are thin and vibrate like natural eardrum.
India’s exports for April 2017 jumped nearly 20 per cent in dollar terms over exports during April 2016.
Recently, an MoU was signed between Madhya Pradesh State Skill Development Mission (MPSSDM) and Apparel Training and Design Centre (ATDC)to promote skill development in Madhya Pradesh.
The Goods and Services Tax (GST) rate for textile machinery has been fixed at 18 per cent by the GST Council at a recent meeting held in Srinagar.