MARKET & ECONOMY​

In a major boost for khadi, the Khadi and Village Industries Commission (KVIC) has received its largest bulk order worth over Rs 2 crore from Raymond Ltd for the supply of 98,000 m khadi fabric.

ColorJet India Ltd, India’s largest manufacturer of digital printers, is launching its tech-loaded digital textile printer, the TXF at FESPA Hamburg 2017, which runs May 8-12, 2017, in hall: B5, stall: G62.

The 2016 financial year was characterised by a significantly higher order intake, especially in the first half year, and lower sales compared to the previous year. Despite the decline in sales, Rieter achieved an EBIT margin of 6 per cent. Against the background of the solid financial and earnings position, the Board of Directors proposes to the shareholders to increase the dividend compared to the previous year.