MARKET & ECONOMY​

A.T.E. has joined hands with Quanzhou Jingmei Machine Co., Ltd. to sell “Jingmei” brand circular knitting machines in India (except in Ludhiana city) and Bangladesh effective February 2017.

Oban Fashions Private Limited, a wholly-owned subsidiary of Rupa and Company Limited, has entered into a license agreement with Fruit of the Loom, INC, headquartered in Kentucky, a wholly-owned subsidiary of Berkshire Hathaway.

In India, this season’s 65 per cent of cotton crop has arrived and if the price stability is maintained, it will be win-win for the cotton and textile sectors