MARKET & ECONOMY
According to A Sakthivel, Chairman, Apparel Export Promotion Council (AEPC), India’s merchandise exports are going to touch $400 billion this fiscal year.
AUTEFA presentations at ITMA Asia will be based on topics like higher productivity, industry 4.0 compatible solutions, and sustainability. The latest machines from other business units will be featured later.
According to a report, the workers in Tamil Nadu are trapped in forced labour conditions in the spinning mills that produce fabrics and yarn for international markets like Europe and the USA.
The flagship company of the Aditya Birla Group, Grasim Industries, collaborated with Taiwanese nonwoven manufacturing firm Nanliu Enterprise to donate 50,000 masks in Nagda, Madhya Pradesh.
Mexico has accused popular clothing brands Zara, Patowl, and Anthropologic of using Mexican indigenous textile patterns and other elements in their collection without permission from the country’s ministry of culture.
Microfibres are shedded out of garments during washing of textiles. They enter aquatic food chain and ultimately impact human life. Understanding the pattern of microfibre release and eliminating the resultant contamination of water is a major challenge, says Dr Ashok Athalye and Sharan Shetty.
Fibre Extrusion Technology Ltd (FET) has announced the construction of a new purpose-built Research & Development (R&D) Centre to enable continued growth through innovation.
Apparel Export Promotion Council (AEPC) has requested Prime Minister Narendra Modi to declare apparel exports as essential services and exempt the exporting units across India from lockdowns due to Covid.
PDS Multinational Fashions Ltd, a leading global plug and play design-led platform announced its financial results for the fourth quarter and full-year ended March 31, 2021, reporting 83% growth in Profit After Tax.