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The Central Government has approved six proposals to set up centres of excellence to promote and fund start-ups under the National Initiative for Development and Harnessing Innovation (NIDHI), a programme spearheaded by the Department of Science and Technology.

The building works for the new production site of the German textile machinery producer BRÜCKNER has begun this month (September), where the company is investing Euro 40 million in total in estate, buildings and machinery.

A member of the World Bank Group, IFC, has partnered with Levi Strauss & Co to reduce water, energy and chemical use in textiles factories in Bangladesh. The new partnership will build on the extensive experience of IFC?s Bangladesh Partnership for Cleaner Textile (PaCT) programme, focusing on providing advice on implementing cleaner production practices in over 165 textile factories in Bangladesh.