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After the infamous Rana Plaza collapse incident, the global apparel brands entered into safety agreements with local factories in Bangladesh. One of the accords expired in 2018 while the other one is expiring by the end of the month.
Rieter, the world’s leading supplier of systems for short-staple fiber spinning, received orders of around CHF 300 million in April 2021. The order intake in April was broadly based internationally with the main focus on Turkey, Uzbekistan and India.
According to a top official from Tirupur Exporters Association (TEA), the garment units in Tirupur will keep their shutters down from May 14 evening till May 24. This is being done to prevent the spread of coronavirus.
Tamil Nadu government has made certain announcements for Micro, Small and Medium-scale Enterprises (MSMEs) that have been accepted by the industries in Tirupur and Coimbatore. He also assured vaccination for workers.
Cotton sowing in Punjab has been delayed because only 20% of the crop has been sown till May 10. Also, only 63,220 hectares of land has been used for sowing in Punjab, according to Punjab Agriculture Department.
The Belgium-based textile innovator has launched two new bio-based textile finishes, both derived from vegetable oils. These products will support the brand’s circularity programme.
Freudenberg Performance Materials, one of the leading suppliers of technical textiles, has announced two unique sustainable products – breathable interlinings and tapes, and FLEXX innovative padding.
The Karur Textile Exporters Association requests complete lockdown of its 400 textile units, considering the Covid-19 spike. The units are currently operating with 50% manpower. These workers can act as virus carriers.
The National Company Law Tribunal (NCLT) has admitted an insolvency petition against Sintex Industries, a popular textile and yarn manufacturer in India, as it failed to pay around Rs 70 billion to creditors, led by PNB.