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Incorporated in July 2007, Advantage Organic Naturals Technologies Private Limited (AONTPL) was incubated in the prestigious IIT Delhi Campus, and owns three patents at USA, Europe & India and one more pending in India, “Method for dyeing a textile product using neem and holy basil extract”.

The concept of Place of Effective Management (POEM) for deciding the Residential Status of a company is effective from April 1, and accordingly shall apply from assessment year 2017-18 onwards.

At ITME, LMW’s new innovations focused on automation and energy efficient spinning solutions in all the three subsystems. The live demonstration of the products and its outstanding superlative features were well appreciated by the customers.

Klaus Huneke has taken over as the President of the European Apparel and Textile Federation (EURATEX) with effect from January 2017 for a two-year term. Huneke, succeeding Sege Piolat who headed EURATEX during the last two years, pointed out: “Serge Piolat achieved impressive results in strengthening the voice of the European textile and clothing industry.

Maharashtra textile industry is a blend of culture and technology and provides resources for every investment in the entire value chain of textile industry, says Avinash Mayekar. Dreams are usually seen of the milestones which are not achieved till date, however, in case of Maharashtra textile industry, the dreams can be ‘achieving the same glorious past of Maharashtra witnessed during the golden days of British era’.