MARKET & ECONOMY​

Coimbatore-based K.U. Sodalamuthu and Co. Pvt. Ltd has won the Regional Export Award from the Engineering Export Promotion Council under the category “Special Trophy – Medium Enterprise”.

Intertextile Shanghai concluded its 2017 Autumn Edition recently as the strong business results and praise from the worldwide participants once again affirmed its reputation as the world’s most effective apparel fabrics and accessories trade event in terms of boosting sales and product sourcing.

Maintaining the market share, enhancing consumer awareness and continuous investments in R and D are needed to advance the cotton sector. Steve Verett, Executive Vice President of Lubbock, TX-based Plains Cotton Growers, etc.

Addressing a large audience, while delivering Guest of Honour and Key Note Address on “Innovations in Management and Social Sciences”, at the IIF, G-Noida, Dr JD Agarwal, Sr Professor and Founder Chairman, etc.

The fourth Morocco International Textile Machinery Fair will be opening between March 28-31, 2018 with the participation of domestic and international textile machine professionals. Morocco Textile Machinery will be attracting thousands of visitors from the Middle East the Arabian Gulf, Europe, Russia and CIS countries.

Regina Brückner, Managing Associate of Brückner Trockentechnik, is the new chairperson of the VDMA Textile Machinery Association. The businesswoman from Leonberg was elected at the members’ meeting of the Association in Berlin.

The Federation of Indian Exporters’ Organisation (FIEO) has called for exploring UAE platform for re-exports to western world, while advising Indian textile companies to promote ‘Brand India’ in overseas markets. Vipul, Consul General of India, Dubai, said Indian textile companies should explore Dubai platform to boost their business volumes.

The Telangana Government recently announced a host of measures, including a Rs 10.5-crore loan waiver, setting up of handloom and powerloom corporations for implementation of subsidy for yarn, chemicals and dyes, and administrative sanction for a handlooom park in Gadwal city, to boost the handloom sector in the State.