LATEST NEWS
With a vision to be a fully integrated and globally competitive textile manufacturer, SVP Global Ventures Ltd, India’s largest compact cotton yarn manufacturer, is foraying into technical textiles.
Texel Industries Ltd, which has more than three decades of experience in the technical textiles, expects to start commercial operations of its 10,080 MT facility for geosynthetics products at Kheda, Gujarat, very soon.
The textile and clothing industry has sought a uniform 5% Goods and Services Tax (GST) across the textile value chain.
Truetzschler Nonwovens, Truetzschler Card Clothing and Voith will introduce new solutions for manufacturing a broad range of sustainable nonwovens for wipes, hygiene or medical textiles at this year’s INDEX to be held from October 19-22, 2021.
Fluid Ventures, the direct-to-consumer (D2C) focused venture capital fund, has announced its debut investment in Fabriclore from its Rs 80 crore fund. Fabriclore is a Jaipur-based leading digital retailer of fabrics that offers one of the widest ranges of fabrics, producing one of the largest and versatile fabric catalogs on a digital platform.
India is only second after China when it comes to manufacturing and export of textile globally. The country now needs to work towards self-reliance by building indigenous textile machinery and technology, says Vibhav Jain.
To mark this occasion of 30th Anniversary, MAG is planning to launch a truly innovative product soon to delight the customers further.
South India’s textile and cloth exporters are fearful that the financial disaster in Sri Lanka could result in a delay in funds from consumers within the island nation.
Zalando, Europe’s leading online platform for fashion and lifestyle, invested in the circular fashion and textile technology group Infinited Fiber Company (IFC).