MARKET & ECONOMY
India’s exports for April 2017 jumped nearly 20 per cent in dollar terms over exports during April 2016.
Recently, an MoU was signed between Madhya Pradesh State Skill Development Mission (MPSSDM) and Apparel Training and Design Centre (ATDC)to promote skill development in Madhya Pradesh.
Cotton’s natural benefits and improved manufacturing practices are enabling it to penetrate into high performance and active wear markets.
Alessandro and Roberto Manes, Aleph CEO and R&D Director, recently received the Future Textile Award 2017 plate for the category – Best product – Industrial Textiles.
The Goods and Services Tax (GST) rate for textile machinery has been fixed at 18 per cent by the GST Council at a recent meeting held in Srinagar.
ShopClues has partnered with Ministry of Textiles for its #CottonIsCool campaign to bring out the Indianness of cotton to beat the heat this summer.
A proposal from Chalmers University of technology, Sweden has been granted funding on the basis of its innovative application for on/off dyeing by inkjet printing and its potential to influence new design and business models in the future.
Lenzing, a supplier of high-quality, botanic cellulose fibres, ranging from dissolving pulp to standard and specialty cellulose fibres, to the textile and nonwovens industry, has reported €586.2 million revenue in Q12017, up by 14.3 per cent in comparison to Q12016.
Spot benzene prices in Asia were volatile in the week ended 12 May as a result of uncertain outlook caused by downstream buyers staying on the sidelines and spot benzene FOB (free on board) Korea prices recovered to $715-725/tonne as of closing of assessment recently, after dipping close to $700/tonne. on Tuesday.