MARKET & ECONOMY​

The consistently high cotton prices in India in 2016-17, and which is still continuing in this financial year, will encourage Indian farmers to grow more this year.

Hyosung Corporation is likely to increase its investment in Vietnam, encouraged by good earnings by its Vietnamese subsidiary and a slew of measures taken by the Government to attract foreign investment in the Southeast Asian nation.

Radhika Goenka, daughter of BK Goenka and heiress to the Welspun Group, is set to start her own line of women’s innerwear – Lingerie Shop. This will also feature the launch of fully functional lingerie vending machines with its all-black collection, Be Mine, on display.

Cotton community in the US has realised that cotton industry needs collective effort by all stakeholders to advance. End-user communities, research organisations, financial institutions, policy makers need to work with cotton, agriculture and for that matter any industrial sector to advance.

Farmers and agriculture experts in Punjab are expecting a major increase in the area under cotton cultivation this season. The Punjab Agriculture Department has set a target of 4 lakh hectares to be brought under cotton cultivation in eight districts of the Malwa belt.

Coats, the world’s leading industrial thread and yarn manufacturer and a major player in the Americas textile crafts market, will showcase some of its pioneering products on a single consolidated stand at the upcoming Techtextil in Frankfurt, Germany, from May 9-12.

Exhibition space application for ITMA 2019, the world’s largest textile and garment technology exhibition, is now open. The exhibition, which has been held every four years since 1951, showcases the entire textile and garment making manufacturing chain, as well as raw materials.