MARKET & ECONOMY​

A.T.E. has been representing Corino Macchine S.p.A., Italy, for their range of processing machinery over most of India for the last five years. Strengthening the partnership between A.T.E. and Corino further, the representation is now extended to cover South India as well, thus covering all of India. A.T.E. will also be taking care of after-sales service for Corino-including erection.

US demand for wipes is expected to expand 3.6 per cent per year through 2018 to $2.9 billion. Improving economic conditions will support increasing demand for wipes used in both consumer and industrial markets. Increased consumer spending will promote the use of higher value, more task-specific wipes in the consumer market.

The Cotton Association of India (CAI), the apex body for India´s cotton sector, will hold a conference, -´COTTON INDIA 2014´ from 24-26 November 2014 at the Renaissance Mumbai Convention Centre Hotel, Mumbai, India. This conference will be attended by a large number of delegates from across the globe especially the Indian subcontinent. Eminent speakers will share their experience and expertise.

Kimberly-Clark has announced the launch of its Aero Blue performance surgical gown, a new product for clinicians working in operating rooms.
In head-to-head fluid resistance tests, the soft, lightweight gown has been shown to deliver four times greater fluid protection than other non-reinforced gowns in the same category.

Four foreign fast-fashion brands were named in Chinas top five worst in terms of safety among imported clothing, the countrys quality watchdog announced recently. Forever 21, Zara, H&M and Mango were the most frequently found to fail quality

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