Industrial Fabrics Association International, abbreviated as IFAI has launched an online community named ‘CONNECT’ to facilitate needful networking amongst industry folks.

Terry towel manufacturer has leased to open a US headquarters office in Midtown South. The Trident Global Inc, based in India has signed a 10-year lease for the entire 8th floor Brause Realty’s 320 Fifth Avenue.

The Trident Group has won the Gold Trophy for the highest global exports. The award was given at the Texprocil Virtual Awards 2019-20, which is the world’s most coveted ceremony of the textile industry.

As the Covid-19 situation is getting more complicated across Vietnam, the textile and garment sector is greatly affected. The sector might come down in the coming months.

For the first time in six years, the cultivated area for cotton in Punjab during this Kharif season has crossed the mark of 3 Lakh hectares. This marks an increase of 17% as compared to 2020.

The scheme applies to all on-roll employees retrospectively from April 1, 2021. Along with other benefits, dependents will also get insurance benefits where the sum insured is three times the CTC.

For the first time in six years, the cultivated area for cotton in Punjab during this Kharif season has crossed the mark of 3 Lakh hectares. This marks an increase of 17% as compared to 2020.

The price hike in diesel and petrol has caused inflation to increase by 25 to 30% after unlock. From July the rate of textile items will further increase by 10 to 15%.

With the Covid-19 situation in the US under control to some extent, export of readymade garments has risen to the US from various countries. Bangladesh could not take advantage of this and its exports have declined.