MARKET & ECONOMY​

Indorama Ventures Public Company Limited (IVL), a leading chemical producer, has entered into an agreement to acquire Durafibre Technologies México Operations, S. A. DE C. V. (DFT), a leading Mexican producer of durable technical textiles.

Foreign direct investment (FDI) in textile sector more than doubled to $618.95 million during 2016-17 from $230.13 million in the previous fiscal, Parliament was informed recently.

A knowledge network management system (KNMS), an inter-ministerial synergy group on man-made fibre (MMF) and a new task force on textiles are the three institutional mechanisms initiated by the Indian Ministry of Textiles

The International Association for Textile Care Labelling, GINETEX’s five trademarked symbols have been registered in India and China. GINETEX is an international network that provides consumer with information on textile care by means of pictograms