LATEST NEWS
The pandemic has accelerated a transformation already underway in the textile supply chain. Realising the urgency of enacting a digital transformation, Association of Italian Textile Machinery Manufacturers (ACIMIT) has accelerated its Digital Label project for certifying Italian textile machinery that adopt a common set of data, in order to more easily integrate with the operating systems of their client businesses (ERP, MES, CRM, etc.). In this interview with Rakesh Rao, Alessandro Zucchi, President, ACIMIT, explains the importance of digitalization and sustainability for textile machinery makers.
Cotton prices have remained volatile for quite some time. The textile industry has raised the issue of rising domestic cotton prices with the government. If raw material prices continue to remain elevated for an elongated period, it can negatively impact margins for yarn manufacturers, says Pulkit Agarwal, Associate Director, CARE Ratings. In this interview, he analyses the fibre and yarn market against background of rising input costs and recent policy announcements (like of the Government of India.
RD National College of Arts and Science has signed a MoU with the Texvalley in Gangapuram so that the students can gain hands-on experience in the textile market and design.
Luc Tack und Stefaan Haspeslagh resign with immediate effect
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.
Indian Terrain Fashions Ltd (ITFL) has modified its business model and started to focus on e-commerce, digitalisation, sustainability, and children’s wear, said Venkatesh Rajagopal, Executive Chairman.
Indian Terrain Fashions Ltd (ITFL) has modified its business model and started to focus on e-commerce, digitalisation, sustainability, and children’s wear, said Venkatesh Rajagopal, Executive Chairman.
Along with Mayur brand, the company has also acquired the PV Suiting distribution network globally from RSWM Ltd to expand its market share of branded fabrics offering.
The pandemic has accelerated a transformation already underway in the textile supply chain. Realising the urgency of enacting a digital transformation, Association of Italian Textile Machinery Manufacturers (ACIMIT) has accelerated its Digital Label project for certifying Italian textile machinery that adopt a common set of data, in order to more easily integrate with the operating systems of their client businesses (ERP, MES, CRM, etc.). In this interview with Rakesh Rao, Alessandro Zucchi, President, ACIMIT, explains the importance of digitalization and sustainability for textile machinery makers.