MARKET & ECONOMY
“We offer value enhancing quality products and not cheap onesâ€Â: Shujaul Rehman, Chief Executive Officer, Garware-Wall Ropes Ltd (GWRL) is never tired of repeating this phrase time and again.
On June 30, 2017, Rieter acquired the SSM Textile Machinery Division (SSM) from Schweiter Technologies AG, Horgen (Switzerland).
Uttar Pradesh-based GHCL, a leader in home furnishings, plans capacity addition and wants to move focus from exports to the burgeoning home textiles market even as textile manufacturers continue protests over GST.
The Lubrizol Corporation’s Performance Coatings business announced an extensive upgrade to its Textile Coatings Center of Excellence in Gastonia, North Carolina.
The Narendra Modi Government at the Centre is now increasingly looking to promote khadi as an international brand with a special focus on Indian diaspora.
The Maharashtra Government will develop an integrated textile park on the sprawling 345 hectare of land in Malegaon. The Government took a decision to hand over the land to the Maharashtra Industrial Development Corporation (MIDC).
The global yarn production improved in Q1/2017 quarter-on-quarter. Thereby, output in Asia, North America and South America improved, and it declined slightly in Europe.
Even as Delhi witnessed unexpected rains this June, it was raining orders inside Pragati Maidan as Heimtextil India and Ambiente India marked the start of the pre-festive retail season in India.
Circular knitted fabric is growing increasingly popular as an upper material for leisure and sport shoes. The high level of productivity makes circular knitting especially interesting for the manufacture of fabric shoe uppers.