MARKET & ECONOMY
Tamil Nadu government has made certain announcements for Micro, Small and Medium-scale Enterprises (MSMEs) that have been accepted by the industries in Tirupur and Coimbatore. He also assured vaccination for workers.
Cotton sowing in Punjab has been delayed because only 20% of the crop has been sown till May 10. Also, only 63,220 hectares of land has been used for sowing in Punjab, according to Punjab Agriculture Department.
US companies are giving tough time to Vietnamese garment producers by not clearing their dues. For May Song Hong, dues outstanding with the American companies have risen by 19.5% in the first quarter.
In this interview, Chirag Pittie, Director, SVP Global Ventures Ltd, highlights on the changing dynamics of the spinning industry in India and how his company is gearing up for the future.
SRF Limited, India’s largest manufacturer and exporter of technical textile, has ordered two sets of R-200 Ring Twisting Machines worth around Rs 20 million.
China needs to pull up its socks when it comes to setting prices and formulating standards in the cotton textile industry. Due to the pandemic, the industry has been severely affected by reduced demands for garments.
Stäubli will present machinery equipped with high-end technologies as well as software solutions at ITMA Asia 2021. Stäubli booth is C21 in Hall 3 at the National Exhibition and Convention Centre, Shanghai.
The Belgium-based textile innovator has launched two new bio-based textile finishes, both derived from vegetable oils. These products will support the brand’s circularity programme.
Freudenberg Performance Materials, one of the leading suppliers of technical textiles, has announced two unique sustainable products – breathable interlinings and tapes, and FLEXX innovative padding.