MARKET & ECONOMY
Archroma, a global leader in colour and specialty chemicals, who pioneered custom colour engineering in textile and fashion, recently sponsored a seminar with founder of Design Seeds, Jessica Colaluca, during this year’s PrintSource New York exhibition
Arvind Limited, India’s leading fashion and lifestyle conglomerate, bagged the Top Rank Award in energy conservation and efficiency during the National Energy Conservation Awards 2016 organised by The Bureau of Energy Efficiency (BEE), Ministry of Power, Government of India.
Lubeina Shahpurwala, along with her power partner Naazneen Katrak, is successfully running one of the biggest socks manufacturing companies in India – Mustang Socks. Recognising this, Franchise India recently awarded Shahpurwala the ‘Woman Entrepreneur of Year 2017’ at the 6th edition of Small Business Awards 2017, which took place in New Delhi.
Tamil Nadu-based Loyal Textile Mills Ltd, one of the largest manufacturers of yarn, fabrics, garments, home textiles and organic products, has announced the launch of men?s innerwear under the brand name of Dignnitas and ladies bottom wear in the brand name of Shifraa.
The Swiss textile technology innovator HeiQ and sustainable outdoor clothing brand Patagonia have teamed up for an exclusive strategic research partnership to explore novel ways for a sustainable textile finishing technology to achieve breathable and durable water repellence (DWR). Patagonia was recently recognised for contribution in waste reduction.
Tekstil Trans Ltd has opened a new textile factory on February 1 in Kyrgyzstan’s northern Chui province. Kyrgyzstan’s Prime Minister Sooronbai Jeenbekov at the opening ceremony, said that opening of this enterprise will help reduce Kyrgyzstan’s dependence on the import of textile products, namely fabrics, which will allow lowering the production cost of domestic sewing industry.
Keen on making Haryana a global hub of textile manufacturing and a preferred investment destination, the State Government has drafted a new textile policy to incentivise setting up of new units and ensuring growth and modernisation of the existing textile industry.
As a part of its move to establish a textile park, the regional office of Maharashtra Industrial Development Corporation’s (MIDC) has acquired 113 hectares of land at Sayane near Malegaon.
The 2nd edition of ITMACH India is scheduled from 7-10 December 2017 at India’s most modern exhibition venue – The Helipad Exhibition Centre, Gandhinagar, Ahmedabad, India.