MARKET & ECONOMY
The Union Textile Ministry signed agreements with leading textile playes like Raymond, Welspun, Titan, Reliance Retail and the Sachin Tendulkar-promoted True Blue, under which these companies will procure more from the weavers directly.
Union Textiles Minister Smriti Zubin Irani released HSN codes for technical textiles during National Conclave on Technical Textiles, jointly organised by the Ministry of Textiles and FICCI, at Taj Hotel, Mumbai on January 29, 2019.
Stäubli, with its product line Schönherr carpet systems, participated in this year’s Domotex in Hanover. The welcoming booth underlined the proximity of the company to its customers and allowed to present latest carpet samples woven on ALPHA 500 carpet weaving.
Emphasising on the advantages of smaller diameter, copper tube development in India, International Copper Association India (ICA India) organised a special seminar in Gurugram.
Textile producer Pallavaa Group plans to invest Rs 500 crore in the next five years to expand capacity and enter into textile processing.
Well revered for its quality and a leading name in the fabric and apparel industry, GRADO from the House of GBTL and OCM is all set to take the fashion industry by storm with its first-ever showcase for menswear at Lakme Fashion Week Summer/ Resort’19’.
Imagine the world of fashion without innovative garments, sensational fabrics, and revolutionary textiles. Similarly, it’s near impossible to imagine all of these creations without ITMA.
Meera Industries was pleased to participate during GTTES 2019, which was held in Mumbai from January 18-20, 2019.
Texprocess 2019 is set to focus on individualisation, automation, and digitalisation with micro-factories for the future of clothing production.