MARKET & ECONOMY​

Indian Electrical & Electronics Manufacturers’ Association (IEEMA)—the apex association of the Indian electrical equipment manufacturing industry—has announced that RK Chugh has taken over the post of President, IEEMA for 2019-20.

Researchers from IIT Kharagpur have developed a unique approach of generating electricity from clothes drying in natural ambience, which is otherwise a part and parcel of daily life, according to the premier institute.

Wortum Waste2Wear, the Dutch company that makes fabrics out of recycled plastic bottles, has presented the world’s first collection of recycled ocean plastic fabrics that is fully traceable using blockchain technology at the international textile fair Première Vision, taking place from September 17-19 in Paris.

ELGi Equipments, one of the world’s leading air-compressor manufacturers, with two million installations across 100 countries, announced the opening of its new European headquarters in Belgium.

Indonesia recently notified the WTO Committee on Safeguards that it initiated on September 18 three safeguard investigations—the first on fabrics; the second on yarn; and the third on curtains, interior blinds, bed valances and other furnishing items.