LATEST NEWS
Garment and textile industry of the country is happy over several states easing lockdown and hopeful of movement of their goods in transit and pending delivery.
India’s technical textile revolution has paved way for COVID 19 response. Dr Seshadri Ramkumar has played a vital role in the industry’s growth over two-plus decades.
For the entire financial year 2020-21, the GDP contracted 7.3 per cent  a record low. In January-March last year, the economy had grown 3 per cent.
Gucci, a luxury fashion brand of Italy, has launched its new collection of printed, silk, and linen kaftans inspired by Indian kurtas. The kaftans are designed with a traditional neckline and tassels.
The apparel exporters in Noida are experiencing a comeback of the export orders as the western nations are slowly opening up after the effects of the pandemic. Noida has around 3,000 apparel manufacturing units.
The company recently signed an agreement to acquire Italy-based INglass S.P.A. and its innovative hot runner systems technology – a step that will help it significantly expand its current fibers business.
Being nimble and technology adoption are timely needs for the global textile industry, says Prof Seshadri Ramkumar
The Accord on Building and Fire Safety in Bangladesh, for protecting garment worker’s safety was set to expire. However, the brands, retailers and unions extended it for three more months on a tentative agreement.
Strategic acquisition will accelerate Rossari’s growth story. The complementary business models will combine the strengths of both companies to build a stronger operating presence