MARKET & ECONOMY
Israel-based Nano Dimension Technologies has conducted a successful test for 3D printing of conductive traces onto a treated fabric, in collaboration with an European producer of functional textile fabrics.
Swedish communication technology firm Ericsson announced the launch of handloom cluster digital development project in Barabanki, Uttar Pradesh.
ColorJet India Ltd has bagged the ‘Rising Star of Asia’ 2016 award in the digital inkjet printer manufacturer category, at the Indo-ASEAN Global Investment Summit held in Bangkok, Thailand on September 17, 2016.
US home textiles manufacturer Madison Industries has signed an agreement with Kathy Ireland, a global design firm to design, manufacture and market slipcovers, table linens and kitchen textiles.
The Bangladesh Textile Mills Corporation (BTMC) is looking at reopening six closed textile mills with Chinese help.
Yoga guru Ramdev-owned Patanjali Group plans to launch ‘swadeshi’ jeans by the end of this year or early next year.
Yoga guru Ramdev-owned Patanjali Group is planning to venture into garments area and a ‘swadeshi’ jeans will be launched by end of the year or early next year. Baba Ramdev said the idea behind his expanding business ventures is to end the dominance of multinational corporations that have for decades been capitalising on the country’s market. There’s a great demand from the country’s youths for jeans, the reason why Patanjali has decided to launch “Indianised†jeans to compete with foreign brands, he said.
March next year, in order to substitute for Bt cotton. This year, CICR began trial cultivation of 15 indigenous varieties of cotton seeds, the results of which will be out by December. In April this year, US-based Monsanto, which makes genetically-modified Bt seeds, had threatened to quit the Indian market. Then, CICR had informed the Government that it is coming up with Indian varieties which can substitute for Bt cotton.
EU clothing imports from China dropped by a considerable volume of 9.9 per cent in the first three months of this year compared to that of last year, reveals Textiles Intelligence in a recent report.