MARKET & ECONOMY
BMSvision will be exhibiting at ITMA ASIA 2018 in Shanghai, focusing on Industry 4.0 and smart textile manufacturing.
India’s leading technical textiles company, Garware-Wall Ropes (GWRL), announced change in corporate brand name and identity to Garware Technical Fibres Ltd (GTFL).
FICCI welcomes the increase in basic custom duty on several textile items. The move is very much in the direction to encourage domestic manufacturing.
Fulgar Lanka, founded in 2003 by Fulgar, is providing a benchmark for textile excellence at…
Andhra Pradesh has recently held a cabinet meeting to approve several policies and took decisions on projects on employment generation and agrarian crisis. The State Mega Seed Park Policy 2018
The government is likely to hike import duty on about 300 textile products to boost domestic manufacturing and create employment opportunities. Foreign direct investment norms for the sector may also be relaxed.
According to government sources, the Finance Ministry may soon issue a notification in this regard. If the government decides to notify the duty hikes this week, then it would have to be first tabled in Parliament.
Thai Acrylic Fibre (TAF), a leading manufacturer of acrylic fibres and owner of the Birlacril brand, has launched a unique solution to the challenges of strict environmental laws imposed on the textile industry with its Radianza acrylic fibre.
The METRO stands apart in terms of; maximum printing speed of up to 200 sqm per hour; linear motor technology for fast and precise ink jetting; and lastly water efficient cleaning of sticky belt.