MARKET & ECONOMY​

The global provider of thread, yarn, and diverse sewn products components, has launched the Renu line of all-around, environmentally friendly industrial sewing threads made entirely from non-virgin materials. The 100 per cent recycled threads provide a green option without sacrificing sewing performance.

India Ratings and Research (Ind-Ra) has revised the textile sector outlook to improving for FY22 from negative, reflecting the likelihood of higher revenues and operating margins, post business disruptions led by COVID-19 in FY21.