MARKET & ECONOMY​

Ashwin Chadran of SIMA has stated that the Ministry is also planning to launch a scheme “Nirmal Cotton Mission” with CCI as a nodal agent that would go a long way to make Indian cotton to become the best quality cotton in the world.

GHCL, India’s leading Chemical & Textile Company, post its board meeting today, announced an Interim Dividend of Rs 3 per equity share for the financial year 2019-20.The record date for the purpose of Interim Dividend is fixed on March 26, 2020.

Confederation of Indian Textile Industry’s (CITI) Chairman, T Rajkumar thanked and appreciated the Central Government and State Governments for the efforts undertaken under the dynamic leadership of the Prime Minister, Narendra Modi, to contain and minimise the effects of unprecedented outbreak of deadly Coronavirus (COVID-19).

A new Secretary General has been chosen by Cematex, the European Committee of Textile Machinery Manufacturers. Cornelia Buchwalder has served on an interim basis since June 2019, following the retirement of Maria Avery, and was elected to the permanent position by the Cematex Board on March 12.