MARKET & ECONOMY
A highly-productive interlock machine, a mattress cover specialist and a spinning and knitting machine that can produce patterns. That is, in a nutshell, the product portfolio Mayer & Cie. will be presenting in Mumbai from 3 to 8 December 2016.
DHL eCommerce, a division of the world’s leading logistics company, Deutsche Post DHL Group, is investing EUR70 million to strengthen its operations to meet the fast-growing demand for quality e-commerce logistics services in India.
The Confederation of Indian Textile Industry hosted the annual conference of the International Textile Manufacturers Federation (ITMF) from November 17-19, 2016, at Hotel Marriott, Jaipur, Rajasthan.
Most of the textile and apparel industry does not avail CENVAT, highlights a report released by the Ministry of Textiles adding that the CENVAT route will prepare the textile and apparel industry for GST when it comes into force.
Human Solutions – together with its partner company VITRONIC – will participate in the 7th International 3D body scanning Conference in Lugano on 30th November and 1st December 2016.
The World Bank has urged Pakistan to fully normalise trade relations with India to facilitate deep forms of trade integration as this step would allow Pakistan to benefit from New Delhi’s fast growth and promote complementarities, including value chain activities and investment potential.
The Union Minister of Textiles, Smriti Zubin Irani, inaugurated a Garment Making centre here at Lamboikhongnangkhong. The estimated cost for installing the centre will be Rs 18-crore and to be completed within nine months.
November 27, 2016 saw the inauguration of a new apparel and garment making centre at Imphal, Manipur by Smriti Irani, Union Minister for Textiles, Government of India. The apparel centre was inaugurated in the presence of Okram Ibobi Singh, Chief Minister of Manipur.
Bed Bath & Beyond, one of the leading home textile retailers in the United States, has acquired PersonalizationMall.com (PMall.com) for approximately $190 million, an online retailer of personalised products.