MARKET & ECONOMY
DuPont and The Dow Chemical Company have announced that their BODs approved a definitive agreement under which the companies will combine in an all-stock merger of equals.
US Customs and Border Protection (CBP) has opened a specialist unit in San Francisco to oversee imports of apparel, footwear and textiles (AFT). The new centre – which joins three other units covering pharmaceuticals, electronics and petroleum, natural gas and mineral products – is aimed at encouraging collaboration between CBP and industry.
US Customs and Border Protection (CBP) has opened a specialist unit in San Francisco to oversee imports of apparel, footwear and textiles (AFT). The new centre – which joins three other units covering pharmaceuticals, electronics and petroleum, natural gas and mineral products – is aimed at encouraging collaboration between CBP and industry.
Raw cotton exports from India plummeted by over 50 per cent in the 2014-15 cotton season (October 1, 2014 to September 30, 2015).
The Cotton Association of India (CAI) has released its December estimate of the cotton crop for the 2015-16 season, which began on 1st October 2015. The CAI has placed its December estimate of the cotton crop for the 2015-16 season at 357.00 lakh bales of 170 kg each.
The long awaited new textile policy, which aims to create 35 million new jobs and boost exports to over $300 billion annually over the next decade, is likely to be unveiled, may be within the next two months, according to Santosh Gangwar, Minister of State for Textiles.
The South India Textile Research Association (SITRA) will commission an incubation facility in another three months to support new ventures in medical textiles.
Total exports of textiles and garments from Vietnam to the USA gained a year-on-year increase of 11.7 per cent to US$9.88 billion from January to November 2015.
Textile printing is proving to be one of the fastest growing sectors in the digital wide format print industry, and with technology a key driver for the changes, demand for education is high on the agenda for print service providers.