MARKET & ECONOMY​

Arunachal Pradesh’ Commissioner of Industries, Textile and Handicraft, Tahang Taggu said that the State Government has taken steps for development of Micro, Small and Medium Enterprises (MSME) even as it has taken up schemes for promotion of handloom and handicraft activities.

The Manmade Fibers segment of the Swiss Oerlikon Group is entering into a strategic partnership with the Italian company Teknoweb Materials s.r.l. aimed at extending the nonwovens production systems portfolio to include the high-growth market for disposable nonwovens.

German nonwovens manufacturer Sandler AG from Schwarzenbach/Saale, Bavaria, reports a successful year 2016. Despite a sharp fall in raw material prices, the company was successful in keeping sales stable at Euro 288 million and further increasing output.

Stage is set for the launch of long-pending textile park, slated to be the biggest ‘fibre to fabric’ (end-to-end) facility in the country, in Warangal with the authorities completing land acquisition, one of a key challenge that every government has been confronting.

In the two months of early 2017, Indonesia’s textile and textile product (TTP) export have touched US$2 billion, or up by 3 per cent compared to the same period in the previous year.