MARKET & ECONOMY
As of 1st February, 2021, Benoit Moutault has resumed the position as Group Vice President Business Field Textile (Auxiliaries and Dyestuffs) from Ralf Kattanek. He reports to the CEO of the CHT Group, Dr. Frank Naumann, Chairman of the Board.
BRFL Textiles Private Limited (BTPL), housing the largest single-roof fabric processing unit in India, has completed an INR 2.4 Bn equity infusion from a consortium of marquee financial investors led by JM Financial India Fund II.
The industry has been pleading the government to remove anti-dumping duty of USD 0.103 to 0. 512 per kg imposed on the VSF during the last several years, which is under active consideration
The National Committee on Textiles & Clothing (NCTC) convened a meeting of all the stakeholders across the textile value chain on 12th March 2021 and launched a Helpline Portal – http://citiindia.org/yarn-form/form/form.php, at Confederation of Indian Textile Industry (CITI).
Hiut Denim is cooperating with Polygiene to get the added value of Polygiene Stays Fresh technologies making jeans stay fresh, eliminating odour-causing bacteria.
Swiss weaving machinery manufacturers are in the forefront of novel application development.
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.
In this interview, Ajay Ajmera, Founder of the Surat-based Ajmera Fashion, sheds light on
entrepreneurship in the Indian textile industry and how his company is helping new entrepreneur’s
nurtures their businesses.
Advance Denim, one of the top three denim manufacturers in China, has officially become a Trust Protocol member as it continues to advance more sustainable denim worldwide.