MARKET & ECONOMY​

R|Elanâ„¢, the next-gen fabrics from Reliance Industries Ltd (RIL), has joined hands with Ludhiana based Neva Garments Ltd, a leading value fashion retailer, to create and market apparels made from an innovative range of R|Elanâ„¢ Kooltex and R|Elanâ„¢ FeelFresh performance fabrics.

With the aim to promote textile industry in Uttar Pradesh, the Yogi Adityanath government has decided to set up a textile park in Farrukhabad for which land has been acquired and investment has been arranged.

Import of textile machinery and accessories in 2018-2019 grew 24 per cent compared to the previous year, Jugal Kishore Pansari, president of Indian Textile Accessories and Machinery Manufacturers’ Association (ITAMMA), said.

Electronics For Imaging (EFI) has announced the appointment of Jeff Jacobson, a 30-year veteran of the digital imaging and industrial technology sector, as Chief Executive Officer, effective immediately.