MARKET & ECONOMY
To provide enough business opportunities, the Bihar Government is making all-out efforts to attract the investors from Punjab, especially those dealing in textiles, apparel, dyeing industry from Ludhiana. The Bihar government is offering huge incentives, better infrastructure to the industrialists to set up manufacturing units in Bihar.
The leading trade event in the world’s biggest yarn and fibre consuming market; an unrivalled ability in gathering high-quality worldwide buyers from various market sectors; strong industry affirmation on its effectiveness; synergies with concurrent international textile events… these are the key reasons why Yarn Expo is the fastest growing fair of its kind in recent years.
Indian spinners are likely to see a gradual performance recovery beginning 2017-18 last quarter after facing multiple problems over the last several quarters that resulted in their profitability touching six-year lows in the previous two quarters, according to a report by credit rating agency ICRA. Cotton yarn demand is also expected to gather strength.
At the FIASWI’s Annual General Meeting held held in Surat recently, Bharat T Gandhi was re-elected Chairman of FIASWI for 2017-18.
ACIMIT, the Association of Italian Textile Machinery Manufacturers, and the Italian Trade Agency for the promotion and internationalisation of Italian businesses abroad, will be organising an exhibition space at the upcoming edition of Techtextil Russia
Over 390 Indian companies have come together together to showcase the country’s textile expertise at the world’s biggest fair for interior textiles – Heimtextil this week.
Sometime in next few years, hopes are high that China’s overall cotton import levels may rise and may even be back to 16 million bales
Businesses looking to grow with digital industrial textile production for apparel and décor can advance their operations with the new EFIâ„¢ Fiery® Textile Bundle – a set of design and production workflow innovations from Electronics For Imaging, Inc.
ASSOCHAM is organising 3rd edition of Source India in Argentina from February 28 to March 2, 2018 at Buenos Aires, Argentina. Source India Argentina is a trade-show-cum-buyer-seller meet with a focus on cost effective promotion of Indian businessmen in Argentina and facilitate direct access to potential buyers and influential decision makers.