A member of the World Bank Group, IFC, has partnered with Levi Strauss & Co to reduce water, energy and chemical use in textiles factories in Bangladesh. The new partnership will build on the extensive experience of IFC?s Bangladesh Partnership for Cleaner Textile (PaCT) programme, focusing on providing advice on implementing cleaner production practices in over 165 textile factories in Bangladesh.

The Government hinted at lowering excise duty on man-made fibre (MMF) in the new Textile Policy in order to boost investment to meet growing demand from the synthetic textiles industry.

Yarn, Fabric and Accessories Trade Show 2016 will run from November 23-26, 2016 at the NSIC Exhibition Center Okhla, New Delhi. The special highlight of the YFA will be the Denim Zone. The zone will see 20 top Indian denim fabric makers exhibiting their denim innovations.

The Khalifa bin Zajed al Nahjan Foundation (KBZF) plans to set up a $10-million textile plant in Serbia’s municipality of Raska. The factory, for which the cornerstone has been laid, will cover an area of 11,500 sq m.

World’s cotton harvested area in 2016-17 is projected at about three per cent below last season. For India-the leading cotton producer-the crop is forecast at 27 million bales in 2016-17, two per cent above 2015’s six-year low.

Reinforcing its commitment to Internet of Things, Services and People, ABB group appoints Guido Jouret, a pioneer of the Internet of Things, as Global Chief Digital Officer, reporting to ABB Group’s CEO Ulrich Spiesshofer, effective October 1, 2016.

Organic Cotton Round Table (OCRT), which held the 2015 Organic Cotton Round Table in Mumbai, will hold this year’s event in Germany.

Nagpur-based Central Institute of Cotton Research (CICR) plans to launch nearly 15 varieties of desi cotton seeds in March next year, in order to substitute for Bt cotton.

India’s spun yarn exports in July 2016 plunged 36 per cent in volume terms and value terms. Indian spinners faced a fall in their margins and found it difficult to compete on the international market.