MARKET & ECONOMY
The Indian Texpreneurs Federation (ITF) has urged the Tamil Nadu Government to ensure that textile industry gets uniform rate under Goods and Services Tax (GST).
OFFIS Textile Ltd, a leader in Israel textile industry, has launched a new OFFIS Textile Sleeping Bag Sleeve which can be used in wet conditions, especially high-flood areas where many insects are widespread.
Nine textile laboratories in India will be upgraded to match Japanese quality and compliance standards to improve textile exports to Japan, says KS Muralidhara, Joint Director – Laboratories, Textile Committee, Government of India.
DKTE Society’s Textile and Engineering Institute, Ichalkaranji has signed a Memorandum of Understanding (MoU) with the Wuhan Textile University (WTU) China, a premier University for textile education.
The Telangana Government is in the process of formulating a textiles and apparel policy that contemplates waiver of personal loans of individual handloom weavers.
The Maharashtra State Khadi and Village Industries (MSKVI) board has drafted a detailed plan to revive home-based and village industries in the State.
Ricoh has unveiled RICOH Ri 3000/Ri 6000 direct-to-garment printers, designed to make professional, high-quality apparel printing easier, faster and more flexible.
Textile major Arvind Ltd has reported a 41 per cent decline in net profit for the year ended March from a year ago on the back of demonetisation and increase in cotton prices.
The Haryana Government plans to open a facilitation centre for textiles and handloom industry with state-of-the-art facilities including a laboratory in Panipat to support entrepreneurs and weavers.