Oerlikon, a leading technology and engineering group, has signed a definitive agreement to divest its Drive Systems Segment to Dana Incorporated for an enterprise value of CHF 600 million

India’s trade deficit in July widened to the most in more than five years, worsening the outlook for the rupee that hit a record low a couple of days back.

In the first quarter of fiscal 2018-19, the revenue of Grasim Industries from the viscose staple fibre (VSF) business has climbed 35 per cent to Rs 2,480 crore and EBITDA has been recorded at Rs 3,212 crore, up by 33 per cent.

Egypt has chalked out a plan to spend 23-24 billion Egyptian pounds (LE) on modernising the state-owned textile sector, according to the head of the Cotton and Textile Industries Holding Company (CTIHC) Ahmed Mostafa.

Egypt has chalked out a plan to spend 23-24 billion Egyptian pounds (LE) on modernising the state-owned textile sector, according to the head of the Cotton and Textile Industries Holding Company (CTIHC) Ahmed Mostafa.

Egypt has chalked out a plan to spend 23-24 billion Egyptian pounds (LE) on modernising the state-owned textile sector, according to the head of the Cotton and Textile Industries Holding Company (CTIHC) Ahmed Mostafa.

The Comprehensive Powerloom Cluster Development Scheme was first proposed by the central government for Bhiwandi in November 2008. The detailed project report was approved in March 2009.

Apparel Textile Sourcing Canada (ATSC) 2018, a leading fair for apparel, textile, fashion, and fabric manufacturers, has set a new record with 6,000 registered attendees from 20 countries.

In a boost for the mega power loom cluster in Bhiwandi, the textile department has initiated steps for the project. It has demanded 150 acres of land for it.