MARKET & ECONOMY
The Southern India Mills Association (SIMA) has urged Edapadi Palaniswami, the Chief minister of Tamil Nadu to remove 1 per cent Agricultural Market Committee Cess on cotton and cotton waste for the state budget of 2017-18.
Textile mills have started to import cotton from West Africa and the US as the landed costs are on par with the prevailing market price in the country.
In order to meet the growing demand, the Karnataka Silk Industries Corporation (KSIC) is setting up a second integrated silk weaving unit in Mysuru at a cost of Rs 24 crore, which will begin operations by July 2017.
Today solar energy has established itself as one of the most non-conventional energy resources to steadily replace conventional energy sources such as the hydro electricity and thermal power, as the production of conventional energy is not likely to meet the future electricity demand of the world.
Indian wool industry manufacturers and partners for the first time had an exclusive opportunity to experience and interact with The Wool Lab Sport, a part of the spring/summer 2018 edition, where the Woolmark Company unveiled its most recent innovations and developments in wool at an information and fashion-forward presentation.
Samil Spinning, a Korean cotton spinning company, has signed an agreement to acquire Buhler Quality Yarns, an American yarn manufacturer and subsidiary of Switzerland?s 205-year-old yarn maker Hermann Buhler.
Samil Spinning, a Korean cotton spinning company, has signed an agreement to acquire Buhler Quality Yarns, an American yarn manufacturer and subsidiary of Switzerland?s 205-year-old yarn maker Hermann Buhler.
Samil Spinning, a Korean cotton spinning company, has signed an agreement to acquire Buhler Quality Yarns, an American yarn manufacturer and subsidiary of Switzerland?s 205-year-old yarn maker Hermann Buhler.
Itema, a provider of advanced weaving solutions like weaving machines and integrated services, is exhibiting at KTM in Kahramanmaras, from April 6 to 8, 2017, in booth B1. Itema is born from the successful merger of textile machinery brands, such as Somet, Sulzer, and Vamatex.