MARKET & ECONOMY
Indian textiles and clothing industry has been facing several challenges especially on raw material front and could not achieve the envisaged potential growth rate both in the international and domestic markets.
The index of orders intake for Italian textile machinery, as processed by ACIMIT (Association of Italian Textile Machinery Manufacturers), for the period ranging from April-June 2021, was up 214% compared to the same 2020 period.
Kornit Digital Ltd, a worldwide market leader in digital textile production technologies, has acquired all associated assets of Somerville, Massachusetts-based Voxel8.
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.
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.
Luc Tack und Stefaan Haspeslagh resign with immediate effect
The index of orders intake for Italian textile machinery, as processed by ACIMIT (Association of Italian Textile Machinery Manufacturers), for the period ranging from April-June 2021, was up 214% compared to the same 2020 period.
Indian textiles and clothing industry has been facing several challenges especially on raw material front and could not achieve the envisaged potential growth rate both in the international and domestic markets.
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.