MARKET & ECONOMY
Although December futures have been testing higher values, they have yet to break decisively above resistance near 68 cents/lb and were range-bound over the past month with values trading between 65 cents/lb and 68 cents/lb.
The 8th Asian Textile Conference (Atexcon), being organised by The Confederation of Indian Textile Industry (CITI) will be held on 22nd & 23rd September 2014 at Hotel Westin, Mumbai, India. The U.S. Foreign Commercial Service, Department of Commerce, USA is the supporter of the 8th ATEXCON.
Flipkart is planning to raise over $1 billion, the biggest ever fund-raising by an Indian e-commerce company. Half of the amount will come from existing investors Tiger Global, Russian billionaire Yuri Milner´s DST
Indian cotton crop to reach 40 million bales (170 kg each) in the new season beginning in October 2014. Speaking in the just concluded Indian Cotton Federation (ICF) conference in Coimbatore,
An interview with Stephanie Mnller, Division Manager Clothing Technology at Hohenstein Institute.
The Lenzing Group has successfully initiated production at its new TENCEL-« jumbo production facility, the largest in the world, at the Lenzing site in Upper Austria. The plant is in the midst of a stable ramp-up phase. The feedback on the part of the market is very positive.
Flipkart is planning to raise over $1 billion, the biggest ever fund-raising by an Indian e-commerce company. Half of the amount will come from existing investors Tiger Global, Russian billionaire Yuri Milner´s DST
Tirupur, India´s biggest cotton knitting textile hub, is foraying in to manmade fibre apparels to beat the lean season they encounter in exports of knitted cotton garments.
Pantaloons Fashion & Retail Ltd plans to raise up to Rs 500 crore through various means, including a rights issue. The company added that it proposes to raise up to Rs 300 crore through the rights issue.