MARKET & ECONOMY
Kusters Calico Machinery Pvt Ltd (KCM), a producer and exporter of open width wet textile processing machines for both woven and knitted fabrics, inaugurated its upgraded manufacturing facility on April 11, 2018.
The Vietnamese textile and garment industry has a history that dates back 100s of years and is still one of the most important sectors of the country’s economy.
Reliance Industries Ltd (RIL) said that it has bid jointly with JM Financial Asset Reconstruction Company to acquire the -ridden textile manufacturer Alok Industries. In a clarification to stock exchanges, RIL said it is awaiting the outcome of the process.
A digital platform for exporters in the micro, small and medium enterprises (MSME) industry has been launched by Indian Commerce and Industry Minister Suresh Prabhu. The interesting idea for such a platform was given by the Federation of Indian Export Organisations (FIEO). FIEO GlobalLinker will help MSMEs to digitise their businesses.
Farm to Fashion, Indian Textile Global Summit is an initiative to provide a platform for the entire textile industry. Farm to Fashion is a three-day event scheduled on May 4-6, 2018. Leading textile manufacturers, traders, distributors and suppliers will be taking part in the exhibition.
Being the biggest textile machinery exhibition in Turkey, the Middle East and the Near East, ITM 2018 opened its doors for participants and visitors from all over the world with a record-breaking participation.
Teijin Limited has jointly developed the world’s first fan-cooled jacket incorporating a two-layer pressure-controlled cooling structure together with Makita Corporation, a leading Japanese manufacturer of electric power tools.
Hot wire cutters are the standard tools in weaving processes, when it comes to cutting of woven synthetic fabrics. One of the world’s most applied fabric cutter systems is the WeftMaster TC-1S from Loepfe.
Fibers & Yarns exhibition has been growing over the last 12 years and the 13th edition, which took place from April 5-7, 2018 at World Trade Centre, Mumbai, also witnessed all the leading Indian and international exhibitors unveil their collections.