ADDEV Materials’ acquisition of French manufacturer Textile Pour l’Industrie (TPI) will help the former to expand its critical cleaning and surface preparation supplies in the civil and military aeronautics markets.

The provisional data of the Cotton Textiles Export Promotion Council revealed that the exports of readymade garments and manmade textile declined by 20.78% and 21.20%, respectively. The final data is expected by May end.

The first four months of the current year have been profitable for Vietnam as there was an increase in the export of textile and garments. As per the Ministry of Industry and Trade, it has earned over $9.5 billion in Q1.

The RBI Governor has announced measures for cash-starved enterprises in the MSME and SMB sectors. Banks can now deduct credit disbursed for new MSME borrowers from their NDTL for calculation of CRR.

Thanks to its upgraded diversity and inclusion policies and equality and safety features for women working in the organization, Trident Limited has been recognized as one of the best workplaces for women in 2021.

In a letter written to the finance minister AHM Mustafa Kamal, Bangladesh apparel makers have requested an equal VAT rate for all types of yarns and duty-free import of all kinds of raw materials needed by the industry.

The mask contains an ultra-thin pure copper coating applied via a high-tech vapor deposition process, called HeiQ MetalliX, which converts a minute amount of copper into vapour, allowing it to be deposited evenly to surround each fibre.

The members of Surat-based textile associations met the city police commissioner to request for relaxation in the lockdown measures. The state has extended the lockdown restrictions till May 12 to contain the spread of corona virus.

The representative body of the European textile and clothing industry welcomed the revised strategy which focuses on 14 eco-systems and the proposal to develop privileged partnerships.