MARKET & ECONOMY
The flagship company of Trident Group, Trident Limited, has inaugurated the world´s largest terry towel pant on 7 October 2014. On the same day, the company also laid the foundation stone of its composite textile project in Budni, Madhya Pradesh. The occasion was graced by the presence of Chief Minster of Madhya Pradesh Shivraj Singh Chouhan and Minster for Revenue and Rehabilitation, Government of Madhya Pradesh Rampal Singh.
Today technical textiles account for 27 percent of worldwide textile fabric production and a worldwide growth of 3 – 5 percent a year is expected for the technical- textiles sector: Michael Jänecke,, Director, Messe Frankfurt Exhibition GmbH, says in no uncertain terms with a beaming smile. He is the official ambassador for the Techtextil in Germany next year, to be held from May 4 to 7, 2015.
Global demand for medical disposables is forecast to rise 6.6 percent annually to $245 billion in 2018. The strongest influence on growth will involve the upgrading and stricter enforcement of infection prevention protocols by hospitals and other health facilities throughout the world. Additionally, in most countries an increasing volume of hospital.
The global market for webbing is expected to reach $3.52 billion by 2020, according to a new study by Grand View Research Inc. Webbing demand is expected to grow with widening application scope including seat belts, safety harnesses and towing straps in automotive and transportation. Increasing construction spending coupled with growth in automotive manufacturing is expected to be critical for market development over the next six years.
With cotton prices falling below the minimum support price levels, the Cotton Corporation of India has begun procurement in the select markets of Karnataka, Telangana, Andhra Pradesh and Maharashtra
With cotton prices falling below the minimum support price levels, the Cotton Corporation of India has begun procurement in the select markets of Karnataka, Telangana, Andhra Pradesh and Maharashtra
The World Trade Organisation (WTO) has played a key role in helping countries adjust to four recent trends that have considerably altered the relationship between trade and development, according to the latest edition of the WTO?s flagship publication released recently in Geneva.
Archroma, a global leader in specialty chemicals for the textile, paper and emulsions sectors and a portfolio company of US-based private investment firm SK Capital Partners, has announced that it has entered an agreement to acquire the global textile chemicals business of BASF.
Glen Raven Inc., the leading global provider of high-performance fabrics designed for a wide variety of residential, commercial, and industrial applications, is exploring expanding its presence in India.