MARKET & ECONOMY
Loepfe Brothers announced its intention to restructure and refocus its business over the next three months in order to align with the changed market conditions and to further leverage digital technologies.
Loepfe Brothers announced its intention to restructure and refocus its business over the next three months in order to align with the changed market conditions and to further leverage digital technologies.
Stating that the falling exports of cotton textiles is a matter of deep concern, The Cotton Textiles Export Promotion Council (TEXPROCIL) has appealed to the government for policy support.
In 2019, the number of GOTS-certified facilities globally grew by 35 per cent, from 5,760 to 7,765 located in 70 countries.
Welspun India is foraying into health and hygiene segment as it responds to the challenges of the coronavirus pandemic, a top company official said.
Welspun India is foraying into health and hygiene segment as it responds to the challenges of the coronavirus pandemic, a top company official said.
According to the Nepal Textile Industries Association (NTIA), Nepal’s textile industry is close to collapse as no stimulus package has been offered in the 2020-21 budget for it.
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.
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.