MARKET & ECONOMY​

MGR Foamtex has announced that its advanced antimicrobial MGRSafeWallâ„¢ product protection system has been successfully tested against SARS-CoV-2, the virus that causes COVID-19, using Addmaster Biomaster antimicrobial technology.

Fashion for Good launches a new, two-year pilot project in collaboration with leading brands Kering and PVH Corp. and leading global textile manufacturer Arvind Limited to pilot a radically resource-efficient cotton farming technology.

SDL Atlas’ latest instrument, the Textender, is designed to evaluate the stretch, recovery, and growth properties of fabrics, especially those used in sportswear and athleisure clothing.

Greyweave, India’s leading handmade carpets and rugs brand, is all geared up to invest Rs 7.5 million for the firm’s offline expansion plan. With already topping the charts in terms of India’s largest online organised collection of carpets and rugs of all styles, the offline expansion will be a further shot in the arm for the company.

Sanjay Garg, President NITMA , welcomed the proposal of Union Budget 2021-22 as the grant to textile and clothing sector is budgeted at Rs 3,631.64 crore which is about 10 per cent higher than previous year’s revised budget of Rs 3,300 crores in 2020-21.