MARKET & ECONOMY
The state government imposed a state-wide lockdown allowing only construction and manufacturing activities to take place. The KEA has requested for garment factories to function with COVID-19 measures and 50% attendance.
Uster Q-Bar 2 – a formation monitoring system – monitors the fabric additionally at the earliest point – the critical stage in fabric formation – with automatic, in-line inspection.
Customers are in need for soft, sustainable, and comfortable clothing in today’s market. As a result, Eastman has come up with a specialty cellulose fibre that is sustainable and made from recycled plastic and wood pulp.
Thanks to new Free Trade Agreements and government-assisted trade promotions and market search, Vietnam’s textile exports turnover for Q1 of 2021 has seen a modest growth after last year’s dip because of the pandemic.
ITMF Annual Conference in Davos, Switzerland, has been postponed to April 10-12, 2022 from September 26-28, 2021 due to the Corona-pandemic
After reporting a net profit of about Rs 17.9 billion in Q4 last year, Alok Industries, a well-known textile firm, has reported in its regulatory filing a net loss of Rs 5 billion in the current Q4 ending on March 31st, 2021.
Fineotex Chemical, India’s leading textile chemical manufacturer, has registered a considerable growth year-on-year for both the Q4 results and the consolidated year-ending results for 2021, despite the pandemic.
The Department of Handicrafts and Handloom in Kashmir is in the process of shortlisting a social media agency. The agency will aid artisans by managing the marketing and publicity of their authentic and genuine products.
The new MAX Technology includes 3D print capabilities for endless graphic decorations in a single, waste-free process. Kornit also announced two other products named Kornit Atlas MAX and ActiveLoad Automation technology.