The orders index for Italian textile machinery dropped during the second quarter of 2016 due to negative export figures. According to ACIMIT President Raffaella Carabelli, the drop in machinery exports is due to the ?underlying political uncertainty?.

With cotton prices rising to Rs 50,000 per candy in the end of the 2015-16 cotton season, many spinning mills in Tami Nadu have cut down on yarn production.

Monocel displayed Monocel yarns showing how natural yarns can represent the next generation of smart cellulosic yarns, at the 46th edition of Filo, international yarns exhibition, held recently in Milan, Italy.

Swedish communication technology firm Ericsson announced the launch of handloom cluster digital development project in Barabanki, Uttar Pradesh.

ColorJet India Ltd has bagged the ‘Rising Star of Asia’ 2016 award in the digital inkjet printer manufacturer category, at the Indo-ASEAN Global Investment Summit held in Bangkok, Thailand on September 17, 2016.

US home textiles manufacturer Madison Industries has signed an agreement with Kathy Ireland, a global design firm to design, manufacture and market slipcovers, table linens and kitchen textiles.

Yoga guru Ramdev-owned Patanjali Group plans to launch ‘swadeshi’ jeans by the end of this year or early next year.

The new FDM2 incorporates an independent operating system based on its own on-board processor with colour touch-screen. Results are instantly displayed in graphic and statistical form. The FDM2 incorporates flexible connectivity with data exportable by Ethernet to external networks and associated hardware according to local requirements. In addition, data can be easily transferred via a convenient SD storage card.

The cricketer hopes his new brand would be worth Rs 100 crore in the next three years. “It would be an athletic fashion clothing line for men, women and children. While 70 per cent would be men’s fashion the rest would be women’s. The brand foresees to close somewhere around Rs 25-30 crore in topline in the current financial year and we see it becoming a Rs 100 crore brand in three years,” said Singh.