MARKET & ECONOMY
The National Stock Exchange of India Limited (NSE) signed an MoU with the MSME and textiles department of West Bengal government for supporting and facilitating alternate sources of funding through equity among the small and medium sector enterprises.
Functional cotton that have comfort and properties of synthetic fibres are being developed. Cotton shirts that may need no iron, protection characteristics and enhanced comfort are some of the functional properties that are being engineered to make cotton a high-performance fibre.
The MoU with MCX will enable ICF’s members to effectively participate in the exchange’s knowledge-sharing initiatives to understand the benefits, techniques and strategies of risk management using cotton futures contracts.
Garware Technical Fibres Ltd. (formerly Garware-Wall Ropes Ltd), a leading manufacturer of technical textiles for the Indian and global markets, announced its financial results for the first quarter ended June 30, 2018.
After the successful introduction of the XENO-platform in 2016 and the X-Series in 2017, SSM has extended the range of applications on these platforms.
Pakistan’s textile exports dropped 16.1 per cent to $1.002 billion in July 2018 compared to shipments recorded in June, which stood at $1.194 billion.
The Yamuna Expressway Industrial Development Authority said that it is in the process of setting up a textile park near the Jewar airport, Noida.
The Odisha Government has set a target to produce 113.19 lakh sqm of textile and handloom products worth Rs 223 crore in the current fiscal with a jump of nearly 25 per cent from the previous year.
FARO®, the world’s most trusted source for 3D measurement and imaging solutions for product design announces the first arm-based solution to include high resolution, 3D colour scanning capability.