MARKET & ECONOMY
EFI Reggiani celebrated 75 years of heritage in 2021 for innovation and glamour in the textile world. During the celebration, the brand revealed the launch of three new, state-of-the-art digital textile printers.
In order to meet the demand of the non-cotton fashion industry, the textile millers in Bangladesh have demanded a withdrawal of value added tax (VAT) and import duty on all kinds of manmade fibres (MMF).
To add wow factor to home wear, KARL MAYER created a crinkle-effect look made on an HKS 4-M EL. The look is beautiful and comfortable and is inspired by the trend towards “stay-at-home†feel-good clothing.
Arindam Choudhuri is appointed as the new Chief Executive Officer of Fineotex Chemical. As per the chemical producer, the company will expand its offerings in terms of new products.
Intertextile has developed a range of hybrid and online solutions for participants of Intertextile Shanghai Apparel Fabrics – Autumn Edition.
The government extended loan for four years with repayment of only interest in the first 12 months under Emergency Credit Line Guarantee Scheme (ECLGS).
The government is aiming at notifying the production-linked incentive (PLI) scheme, that was announced to boost domestic manufacturing, for sectors like auto components, steel, and textiles.
The $15 billion garment export sector faced a big blow as many states in India announced lockdown and restrictions on industries due to the Covid-19 pandemic.
Lux Industries Limited has announced Covid-19 Vaccination for all its employees free of cost. The company plans to tie up with some leading hospitals and vaccination centres for off-premise vaccination.