MARKET & ECONOMY
Sanjay Garg, president, North Indian Textile Mills’ Association, hailed the recommendation of DGTR to levy anti-dumping duty on viscose spun yarn. Garg also urged to levy anti-dumping duty on polyester spun yarn.
Finance Minister Nirmala Sitharaman began her 2021 budget speech in New Delhi with a quote by Rabindranath Tagore. FM Sitharaman said, “Faith is the bird that feels the light and sings when the dawn is still dark.â€Â
10 per cent import duty on cotton is a severe blow for cotton textile value chain.
SIMA appeals PM for withdrawal.
RadiciGroup invests EUR 15 million in a new production line for meltblown nonwoven, the filtering material used in protective face masks.
Hyosung Introduces its expanded Regen sustainability offering featuring 100 per cent recycled, multi-function fibres at ISPO Munich online.
The Union Minister for Finance & Corporate Affairs, Nirmala Sitharaman presented the Union Budget 2021-22 in parliament today, which is the first budget of this new decade and also a digital one in the backdrop of unprecedented COVID-19 crisis.
The pandemic has changed the lives of many and brought its share of uncertainties. Leo Shastri shares the influence it has had on the traditional weaving sector and provides suggestions for revival.
B&R India, one of the leading automation companies in India recently extended its warehousing and logistics space at Chakan, Pune as a response to continuous growth the company is experiencing and foreseeing in the future.
Anuj Bhagwati, Head of A.T.E. Group emphasises the importance of safety and sustainability in a post-pandemic world and shares thoughts on the need for sustainable development for a better future.