Both in China and India, Rieter significantly increased sales, by 33 per cent to CHF 186.5 million and by 28 per cent to CHF 182.1 million, respectively. In the other Asian countries, sales declined by 12 per cent.

Budget measures like corporate tax cut for MSMEs, plan to set up 100 international skill centres, and support to cluster approach for contract farming have brought cheer to the textile industry. An ITJ Report on the pros and cons of the Budget 2017-18.

The ZinserRing 71 enabled Xianyang Textiles to record a palpable drop in power consumption. “Faster, better, safer” – this slight variation on the Olympic motto is how Kang Zhongming, Chairman and General Manager of Xianyang Textiles Group Co, Ltd, describes the properties of the ZinserRing 71.

Both in China and India, Rieter significantly increased sales, by 33 per cent to CHF 186.5 million and by 28 per cent to CHF 182.1 million, respectively. In the other Asian countries, sales declined by 12 per cent.

KARL MAYER, the market leader in the fields of warp knitting, warp preparation and machinery for technical textiles, is celebrate its 80-year anniversary this year. “We will organize various in-house shows for our business partners, giving them an insight into the future of textile development and production technology.

Two different methods of cotton harvesting were each examined at two different farmers. The comparison was carried out through to the knitted fabric, whereby carded ring and rotor yarns with various counts were spun, says Harald Schwippl.

As a part of its move to establish a textile park, the regional office of Maharashtra Industrial Development Corporation?s (MIDC) has acquired 113 hectares of land at Sayane near Malegaon. A proposal for infrastructural development has been sent to the head office for approval.

The focus during the budget session was predominantly on infrastructure, affordable housing, agriculture, rural development, employment, speedy accountability, prudent fiscal management and transparency in taxation, says Amit Gugnani.

Johnny Wan, Director of Exhibitions Market Development, Hong Kong Trade Development Council (HKTDC), highlighted opportunities for Indian companies at the HKTDC’s world-class trade fairs during a press briefing in New Delhi recently. Wan underscored the robust bilateral trade relations between Hong Kong and India, adding that the Council’s trade fairs offered a good platform to boost business.