MARKET & ECONOMY
The plan of Tamil Nadu Handicrafts Development Corporation Limited (TNHDCL) and Confederation of Indian Industry (CII), Tiruchi, to support ventures for large-scale extraction of banana fibre is yet to take off in Tiruchi region.
India ITME Society organised a press conference at Addis Ababa, Ethiopia to promote its International event ITME AFRICA 2020, scheduled from February 14-16, 2020 at Ethiopia.
Fortum India has signed an agreement with Chaudhary Charan Singh, Haryana Agricultural University of Hisar to make textile fibre from paddy straw that is otherwise burnt by the farmers causing pollution in northern states.
GOTS Bangladesh Seminar 2019, focussing on issues relevant to the organic textile industry, was held on September 8, 2019, at the International Convention City Bashundhara (ICCB), Dhaka, Bangladesh.
Lenzing has received confirmation of full biodegradability of its fibres in fresh water by independent research laboratory Organic Waste Systems (OWS).
PRO Ecuador has been collaborating with Indian textile manufacturers like Raymond, Blackberry, SS Homme, etc., to drive the use of Corozo, also known as Vega Ivory, to promote green clothing and drive sustainable clothing trends in India.
In the year 2018, Khadi by Raymond was launched country-wide in more than 300 company stores, a move accompanied by a high-decibel marketing campaign.
Oerlikon announced that Philipp Müller has been named Chief Financial Officer (CFO) and member of the company’s Executive Committee, effective January 1, 2020, succeeding Jürg Fedier, who will retire at the end of December 2019.
Huntsman Textile Effects has extended its HIGH IQ® performance assurance programme to help mills, brands and retailers meet consumer demand for garments with durable moisture management.