Century Textiles & Industries reported a multi-fold jump in its net profit at Rs 120.24 crore for the first quarter ended June 30, mainly on account of lower expenses.

Amazon India has signed an MoU with the Telangana Department of Handloom and Textiles to educate, train and enable weavers and artisans to directly sell their products to Amazon customers across the country.

Textile firm Welspun India has reported a 38.39 per cent decline in consolidated net profit at Rs 128.56 crore for the June quarter due to lower income and higher expenses.

As per the data available with the Government, the export of textiles and garments has shown an increase of 3.2 per cent during the last three years.

In July 2017, seven VDMA member companies presented their technologies to the representatives of the Colombian textile industry.

In another defining acquisition to strengthen its presence in the country, Messe Frankfurt India Trade Fair Pvt Ltd has acquired the rights of Screen Print India.

Speciality chemicals company LANXESS has added new, water-based dyestuff to its portfolio of leather finishing products and which are suitable for spray or throughfeed dyeing, effect, base and top coats.

Recently, an event was held at Cambridge, USA-based Massachusetts Institute of Technology (MIT) to support and encourage the development of smart fabrics with electronics and special functionality in them. T

For the second consecutive year, ACIMIT, in partnership with the Italian Trade Agency, has organised a collective venture at Irantex, the primary trade fair for the Iranian textile and textile machinery sector, to be held in Tehran from 4 – 7 September 2017.