MARKET & ECONOMY
Pratibha Syntex, a leading manufacturer and exporter of knitted garments and speciality yarns has bagged the ‘Best Global Supplier of the Year Award’ for 2016 by C&A at their Global Supplier Summit in Hong Kong.
Two Indian IT techies are venturing into technical textiles field. In what seems to be a surprising reversal of trend, engineers are switching from information technology to the manufacturing sector.
As part of reviving manufacturing, Walmart advocates for developing talent and technology. Speaking at the 2017 international conference of the AATCC in Wilmington, Joe Quinn, Senior Director of Public Affairs at Walmart presented a case for growing talent and new technologies to drive growth in manufacturing and economy.
H&M, the Swedish fast-fashion giant, has recently announced the launch of Denim United, a unisex denim collection, available exclusively online at hm.com shortly.
Lectra satisfies automotive suppliers’ need to meet fluctuating demand with a newly expanded range of FocusQuantum, the state-of-the-art laser airbag cutters already implemented by market-leading airbag cushion suppliers worldwide.
Allcargo Logistics Ltd, India’s leading integrated logistics provider received an award for ‘Best Risk Management Practice’ in the category of Supply Chain (Logistics) at the 3rd India Risk Management Awards 2017 held at Taj Lands End, Mumbai.
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.