MARKET & ECONOMY
The textile industry in Amritsar is facing a challenge of high raw material cost and low demand due to the current situation of Covid-19.
As per the statistics, the admissions to polytechnic colleges have been very few this year. The colleges in small towns are struggling to fill sanctioned seats.
TexCoat G4 non-contact precision spray will be showcased by Baldwin Technology Company Inc at the Techtextil North America trade show. The fair will take place from August 23rd to 25th, in Raleigh, North Carolina.
The Council for the Development of Cambodia (CDC) approved final registration certificates for six investment projects worth over $58 million that are expected to generate 8,535 new jobs.
According to A. Sakthivel, Chairman, Apparel Export Promotion Council and Federation of Indian Export Organisations, there should be a separate export policy for Tamil Nadu.
Mizuno, the global sportswear brand, has entered into a partnership with Swedish firm Polygiene to cater to the growing demand for durable and high-performance activewear in China.
Eurofins Softlines & Leather and Tailorlux have entered into a MoU in order to support the concerns related to footwear, textile, and garment industry on traceability.
The Lenzing Group is planning to invest a huge amount to build a new, state-of-the-art wastewater treatment plant at its site in Grimsby, United Kingdom.
ZXY International has announced its joint venture partnership agreement with HeiQ. This new partnership is going to help ZXY trade with other brands and mills in the textile sector.