Dynabrade India is a 100 per cent subsidiary of the US-based Dynabrade Inc. It was formally established in March 2007, though the company had some distributors in the country since the late 1990s.

Lakshmi Card Clothing Manufacturing Company P Ltd has won the EEPC Export Excellence Award for the Southern Region at the 39th Regional Export Award Presentation Function for 2014-15 held on March 3, 2017 at Puducherry.

Powerloom weavers in Pandesara and Ved Road industrial areas of Surat, Gujarat will be able to procure yarn-raw material for the polyester fabric at concessional rates with the Ministry of Textiles increasing the corpus fund for India’s first yarn banks in the city from Rs 1 crore to Rs 2 crore.

Union Textile Minister Smriti Irani announced that the government has increased subsidy by 30 per cent for upgradation of powerloom sector and for the benefit of small weavers

In order to make more power available to the textile industry in Maharashtra, the Government of Maharashtra will design a scheme for enabling the use of solar power by textile mills, according to the State’s Textile Minister Subhash Deshmukh.

At the upcoming Techtextil exhibition for technical textiles and nonwovens, Thies Textilmaschinen will highlight its latest trends and innovations.

Keen on making Haryana a global hub of textile manufacturing and a preferred investment destination, the State Government came out with Textile Policy 2017 to incentivise setting up of new units, and ensure growth and modernisation of the existing textile industry.

Indian home textiles manufacturer and exporter Himatsingka Seide approved disinvestment of 100 per cent stake in its Italian subsidiary Giuseppe Bellora Srl.

Usha International expects sales of its mainstay sewing machines and cooking appliances segment to grow by up to 25 per cent in 2017-18, driven by expansion of network besides leveraging on e-commerce.