The total volume of the contracts sums up to around 210 million Swiss Francs, including the contracts which had been signed at ITMA 2019 in Barcelona and which represent a volume of around 180 million Swiss Francs.
At the Swiss-Egyptian Investment Forum which took place in Cairo (Egypt), the Cotton & Textiles Holding Company and Rieter signed additional contracts related to the modernisation programme for the Egyptian textile industry.
The textile industry has been demanding for the abolition of anti-dumping duty (ADD) levied on PTA, the basic raw material used for the manufacture of polyester staple fibre and filaments, to remain globally competitive.
Front pages of broadsheet newspapers and television screens have glaring images of facemasks worn by people in China. These single-use facemasks have spunmelt and carded filter substrates and have been in demand in China since the outbreak.
Donear NXG, a leading lifestyle menswear brand from the House of Donear Industries, participated in the 70th edition of National Garment Fair organised by the Clothing Manufacturers Association of India (CMAI).
The Textile Association (India), Mumbai Unit will hold a seminar on opportunities for textile industry in challenging scenario on February 29, 2020 at Hotel Fortune Park Galaxy, Vapi, Gujarat.
The Minimum Support Price (MSP) was steeply increased by 26 per cent to 28 per cent CCI had to exercise MSP operation during the current season.