LATEST NEWS

Bianco S.p.A, a leading Italian machinery manufacturer and brand, for the 26 years, has been most trusted name for advanced technology machinery for the textile industry of India, catering to a full range of wet and dry finishing machines and accessories for textile finishing entirely designed and manufactured in-house in Italy. Bianco’s India North Agent, Amiya Kumar Swain at Delhi and agent for Bianco, shares the company’s strategy for the Indian market and what makes it the first preferred choice for Indian customers.

NITRA’s 13th Convocation Ceremony was held on September 23, 16 at NITRA, Ghaziabad. Sanjay Jain, newly elected Chairman NITRA and MD, TT Ltd, RK Jain, Immediate Past Chairman NITRA and CMD, Pasupati Spinning & Weaving Mills, RL Nolkha, CMD, Nitin Spinners Ltd and Past Chairman NITRA along with other eminent industrialists were also present on the occasion in addition to Director General NITRA Dr Arindam Basu, Officiating Director NITRA Abhijit Pal and other faculty members.

Filtration provides healthier and cleaner products and environment. Textile materials are used in the filtration of air, liquids, in food particles and in industrial production. Filtration fabrics are used widely in vacuum cleaners, power stations, petrochemical plants, sewage disposal, etc. Textile materials, particularly woven and nonwoven are suitable for filtration because of their complicated structure and thickness.

South-Korea-based Hyosung Corp plans to invest $27 million to expand spandex capacity by 5,000 tonne in Istanbul, Turkey amid increasing demand from European and Middle Eastern markets. The company is planning to complete the expansion by H12017 and the capacity will be 25,000 tonne per year. By then, it would also be ready to open a new factory in Quzhou, China, with annual capacity of 16,000 tonne. The company’s total global spandex output capacity would be ramped up to 2,21,000 tonne next year.

Himatsingka will invest Rs 1,300 crore, in a phased manner starting this year, in order to augment its manufacturing capacities. These investments will aid in doubling the group’s sheeting capacity and help the process of backward integrating into ultra-fine count cotton spinning. With over 10 brands, the Himatsingka group has among the largest portfolio of home textile brands with an annual throughput of over Rs 800 crore.

Huntsman Corporation has named Harshad Naik as Managing Director, India Subcontinent, effective September 2016. He succeeds Rohit Aggarwal who was appointed President of Textile Effects Division in July this year.

GoCoop, an online Marketplace established with the objective of providing a platform to weaver and artisan co-operatives and community based enterprises in rural India, has received the 1st National Award for outstanding contribution in the field of ‘Marketing of Handloom Products (e-Commerce)’.

Jeanologia, the Spanish world company leader in developing sustainable technologies for the textile industry, has been named a National Champion for Spain in The European Business Awards 2016-17, the Europe´s largest business competition set up to celebrate business excellence and best practice in the European business community.

The Tamil Nadu Government has announced new schemes for promoting handloom, textile and khadi industries. A sum of Rs 175.23 crore would be spent on modernising six cooperative mills in the State.