MARKET & ECONOMY
The Textile Association of India, Karnataka Unit is organising an exhibition showcase on January 22-23, 2016 in Bengaluru. This is part of international textile conference on ?Functional Textiles and Apparels: Global requirements and opportunities?.
Calvin Klein, Inc. and Premium Garments Wholesale Trading Pvt Ltd (a joint venture between Calvin Klein Inc. and Arvind Brands and Retail Ltd.), announced the opening of the new Calvin Klein Underwear store at High Street Phoenix in Mumbai.
Leading reactive dyes manufacturer and exporter, Colorant had jointly participated with Color Root, China in Interdye Asia Exhibition, 2015 held on December 3-5, 2015 at Ahmedabad organised by Shanghai International Exhibition Company.
The Karnataka Government has modified its Textile Policy 2013-18 to strengthen textile value chain activities and to boost technical textiles.
The global textile and garment manufacturing industry converged at ITMA 2015 in Milan to source innovative solutions to enhance their business sustainability. Their commitment to sustainability is evident from the strong industry turnout. At the end of eight days, the 17th edition of the world’s most established textile and garment technology exhibition attracted visitorship of almost 1,23,000 from 147 economies.
Welspun India has achieved a revenue at Rs 14,723 million against Rs 14,135 million, a 4 per cent growth YoY. Growth rate was muted on account of base effect and capacity constraints. During Q3FY16, incremental volume from modernisation project at Vapi will be available.
The Mumbai-based Maharashtra State Co-Operative Cotton Growers Marketing Federation said it is ready to procure up to 100 lakh quintals of cotton as against the 27 lakh quintals it had purchased last season. About 370 lakh quintals of cotton yield is expected
As ITMA 2015 is fast approaching, 300 members from Indian textile industry are set to visit with In ORBIT Tours Pvt Ltd, said Om Prakash, Director, In ORBIT.
Lectra, the world leader in integrated technology solutions dedicated to industries using soft materials´fabrics, leather, technical textiles and composite materials´has announced that a German competitor´s machine was declared as infringing a Lectra´s patent protecting a solution for cutting one-piece-woven (OPW) airbags in Germany.