MARKET & ECONOMY​

Arvind Limited announced launch of anti-viral textile technology for the first time in India under its brand ‘Intellifabrix’. Arvind has partnered with Swiss textile innovation leader HeiQ Materials AG and Taiwanese specialty chemical major Jintex Corp to introduce the revolutionary anti-virus technology.

Textile, engineering, leather and infrastructure clusters of Tirupur, Coimbatore, Kanpur and Durgapur are among the top industries pumping additional investments into their businesses by taking advantage of the government’s Rs 3 lakh crore Emergency Credit Line Guarantee Scheme (ECLGS) for meeting the liquidity needs of industries during the COVID-19 crisis.

Filatex India has resumed partial operations at its Dadra plant to meet the urgent requirement of yarns that will be mainly used in production of face masks, PPE and some specific urgent requirement of fabrics, to be used in tents suitable for quarantine applications for Ministry of Defence.