MARKET & ECONOMY
According to reports, Marabu Group has acquired ICON Inks. By doing this the group has strengthened its international presence. This move will expand Marabu’s product portfolio as well.
According to reports, Marabu Group has acquired ICON Inks. By doing this the group has strengthened its international presence. This move will expand Marabu’s product portfolio as well.
Piyush Goyal, the Union Textile Minister of India, has set a target to scale up the capacity of the industry by 10 times as the government has given an indication to generate more investment and employment in the sector.
On July 19, Fineotex Chemical and HealthGuard Australia have entered into a Joint Venture. This will allow Fineotex to become the exclusive global sales and marketing channel partner with operations from Malaysia.
CBI has filed an FIR over alleged bank fraud by S Kumars who is a textile major and has been accused of duping the Union Bank of India with Rs 1.6 billion.
On July 19, Fineotex Chemical and HealthGuard Australia have entered into a Joint Venture. This will allow Fineotex to become the exclusive global sales and marketing channel partner with operations from Malaysia.
Piyush Goyal suggested using drones to survey NTC (National Textile Corporation Ltd) mills to protect and monitor the land of the CPSU periodically to take swift action against the encroachments at the initial stages.
Piyush Goyal suggested using drones to survey NTC (National Textile Corporation Ltd) mills to protect and monitor the land of the CPSU periodically to take swift action against the encroachments at the initial stages.
Sewtech Fashion of India signed an agreement with Bangladesh Export Processing Zones Authority (Bepza) to invest $9.26 million to establish a readymade garments manufacturing factory in Chattogram Export Processing Zone.