MARKET & ECONOMY
The new Jakob Muller website is a clear statement of customer focus. The company offers a fresh and innovative web experience which sets out its priorities with total clarity.
According to US Census Bureau, exports from Cambodia to the US were $6.6 billion in 2020, which was 22.79% higher than that of last year. Q1 of this year saw total exports of $1.86 billion even amid stoppages.
Though plant sites are functional with a restricted occupancy level, 1QFY22 may not be a lost quarter, thanks to strong export markets, says Mahaveer Jain of India Ratings
ANDRITZ has received an order from Pratrivero for a new excelle batt forming line to boost their production supplies in Italy. This line includes an excelle card and crosslapper
ICIL will increase bed linen capacity by 20%, enhance capacity for Top of the Bed (TOB) products, and modernise its spinning units with compact spinning technology.
As per the data obtained from the MIIT, China’s textile industry has recorded good growth during the first quarter of 2021. The industry’s revenue increased by 20.3% this year.
Many states in India are experiencing total lockdown due to which the garment export sector is badly affected. The sector has recorded a loss of around $15 billion during the second wave of the coronavirus pandemic.
Trident, a well-known textiles and paper maker, is planning to raise an amount of Rs 11 billion with NCDs and equity shares in the market.
The event is scheduled to take place from June 12-16 in Shanghai, China. The company will be present both physically and virtually at Booth C31, Hall 4 of the National Exhibition and Convention Centre.