LATEST NEWS
The increasing demand for organic cotton goes hand-in hand with the increasing interest in the cotton stickiness testing. Mesdan’s CONTEST-S helps to check cotton stickiness to improve yarn quality.
According to the traders, the cotton prices have been lifted to an 11-year high of Rs14,500/40kg due to dwindling supplies and delayed imports.
The US ban on cotton from Xinjiang has led China to import more cotton from other countries such as Vietnam and India. As a result, India’s exports to China increased significantly in Q4 FY21 and share of China in Indian exports increased to 25% in FY21 (from 22% in FY20). In FY22, the momentum in export growth is estimated to be higher due to revival in global economy along with ongoing restrictions on Xinjiang region produced cotton and possible similar restrictions from other countries such as UK, says Anuj Sethi, Senior Director, CRISIL Ratings, in this interview.
Grasim Industries Ltd – the flagship company of the $ 46-billion Aditya Birla Group – has been awarded “The Economic Times Promising Plants 2021†in India for its Nagda SFD plant.
India is the 4th market in the Asia-Pacific region for Italian export. As the Export Credit Agency (ECA) of Italy, SACE works alongside Italian exporters and Indian importers to support business between them. We foresee this partnership only becoming stronger over the next several years, says Gautam Bhansali, Head – India & South Asia, SACE. In this interview with Rakesh Rao, Gautam Bhansali elaborates on innovative financing solutions provided by SACE to facilitate exports from Italy to India.
Thanks to BRÜCKNER exhaust air treatment system, Austrian textile producer Feinjersey can safely comply with the prescribed emission limits.
Switzerland-based Rieter Holding Ltd and Shanghai (China) listed Saurer Intelligent Technology Co. Ltd have signed an agreement by which Rieter will acquire three businesses from Saurer Netherlands Machinery Company B.V. (Amsterdam/Netherlands), the parent company of Saurer Spinning Solutions GmbH & Co. KG, Uebach- Palenberg/Germany and Saurer Technologies GmbH & Co. KG (Krefeld/Germany).
Srichakra Ecotex India Pvt Ltd will build and operate exclusively for Reliance Industries Limited (RIL) the new recycled polyester staple fibre (PSF) – Recron GreenGold and PET flakes wash-line in Andhra Pradesh.
Grasim Industries Ltd – the flagship company of the $ 46-billion Aditya Birla Group – has been awarded “The Economic Times Promising Plants 2021†in India for its Nagda SFD plant.