MARKET & ECONOMY​

Polygiene is launching its newly developed formula of ViralOff® with a lifetime of garment washability, proving performance against SARS-CoV-2 with over 99 per cent reduction of microbes in the material within two hours.

Sanjay Garg, President, NITMA said that NITMA welcomes the Government’s decision to revoke the anti-dumping duty on acrylic fibre originating in or exported from Thailand and imported into India.

On November 11, 2020, The Union Cabinet gave its approval to extend the production-linked incentive (PLI) scheme to textile products along with nine other new sectors entailing an additional financial outlay of Rs 1460 billion over a 5-year period.

Ashwin Chandran, Chairman, The Southern India Mills’ Association (SIMA) has thanked the Prime Minister and Union Textile Minister for including textile industry and allocating budget for improving manufacturing capabilities and boosting exports.

No other time in history has the spotlight shined so much on textiles for its role in saving lives than at the present times. Textile materials’ capability to filter and destabilise SARS-CoV-2 is attracting a lot of attention, as well as sustainable fibres like cotton for many advanced applications.