As the centre has announced new rates under the Rebate on Duties and Taxes on Export Products (RoDTEP), the textile exporters are expecting that the order volumes will experience a boost.

In commemoration of 75 years of Independence, ‘Azadi ka Amrit Mahotsav’, the Indian Railways has brought handloom products within the reach of passengers by opening stalls at various railway stations.

According to the rating agency, cotton-based textile products emerge as a clear winner with additional incentives of Rs 750-850 crore in the new rates of rebate under RoDTEP.

Shyplite, a 4PL AI-powered logistics platform, helps in the automation of logistics and increases shipping efficiency. The start-up has announced the launch of 9 new fulfilment centres across Delhi-NCR, Mumbai, and Bengaluru

German textile machinery producer will present innovations in chemical dispensing, energy savings, and the coloration of materials ranging from fibers to fabrics to 3D-printed parts at Techtextil

Bangladesh industry leaders are tensed over the government’s permit of yarn imports through all land ports across the country and partial imports of the readymade garment industry’s key material.

According to the report, the home textile exporters are going to show growth at a rate of around 20-25% in 2021-22 with healthy margins.

Cosmo Speciality Chemicals has come up with a clay-based sourcing agent, Eco Clay, for the textile industry. This agent is going to reduce the load on E.T.P up to 30%.

Archroma is a global leader in specialty chemicals towards sustainable solutions. The company has announced that it has appointed Thomas Bucher as its new Chief Financial Officer.