MARKET & ECONOMY
The Sasmira Alumni Foundation (SAF) is backing the ‘No Naked Child’ concept, which is an unique initiative that aims to provide clothing to under privileged children across the country with the help of several partners supporting the cause.
The knitwear sector of India will get a special package in about two months’ time, according to a government official. The industry can expect the package to ensure a level-playing field, considering it faces tough competition from various countries like China due to lack of technology upgrades.
Coimbatore-based Lakshmi Machine Works (LMW) will modernise Kenya-based Rift Valley Textile Mills (Rivatex EA) to help it compete with its global counterparts.
PE and PP prices do not track crude prices closely and the global crude oil price fluctuations in Q3/Q4 2016 barely impacted PE and PP prices.
Indian fabrics and apparel major Raymond is looking to capture the stitched garments market in Europe and the US by exporting products from its new Rs 100-crore plant in Ethiopia.
Archroma, a global leader in colour and specialty chemicals, has announced that its EarthColors dyestuff range has won the Gold Winner at the OutDoor Industry Award 2017, Sustainable innovations Category.
As per the latest study conducted by Future Market Insights (FMI), towards the end of 2027, the global textile staples market will reach a valuation of $201,197.5 million, reflecting a moderate CAGR of 4.9 per cent.
The registration for the International Apparel Federation’s (IAF) 33rd World Fashion Convention, which will take place from 16-18 October 2017 in Rio de Janeiro, is now open.
Over 1,000 exhibitors from the country and abroad are scheduled to participate in the three-day long mega textile events, the largest in the world, to be held at Gandhinagar in Gujarat from June 30 to July 2.