MARKET & ECONOMY​

At the 2017 Autumn Edition of Intertextile Shanghai Apparel Fabrics, the most influential industry trade event of the year, is on track and has already exceeded last year’s sourcing options, with around 80 per cent of the available exhibition space already booked.

M Senthilkumar, Chairman, The Southern India Mills’ Association (SIMA) has highly appreciated and thanked the concerted and constant efforts made by Union Textile Minister, Smriti Zubin Irani for fully understanding the needs of the industry and persuading the Finance Minister and Prime Minister to classify the entire cotton textile value chain under 5 per cent GST rate.

ThreadSol, a pioneer in enterprise material management for sewn products sector, has launched its ‘cost-cutting’ garment solution—IntelloBuy—for the Tirupur knitwear hub.