The International Cotton Association (ICA) and the Cotton Association of India (CAI) have renewed their memorandum of understanding (MOU) to reinforce the alliance and cooperation between the two associations.

Stefan Flöth has been assigned as a further Managing Director of A. Monforts Textilmaschinen GmbH & Co. KG in Mönchengladbach, Germany, as of January 1, 2019.

The components and accessory segments of the textile machinery industry have been offering immense scope since the time the industry shifted from West to East, but the Indian industry is yet to tap their full potential, finds the ITJ report.

The Centre has marginally lowered the maximum sale price of Bt cotton seeds (BG-II) for a 450-gram packet to Rs 730 for the 2019-20 season.

SKF India announced the launch of its new and indigenous grease LNEP2IN. This grease is specially-formulated to increase the service life of bearings operating in demanding environments and will carry forward the SKF commitment for global quality and reliability across all geographies.

The textile industry expects exports to increase with the government extending refund of State and Central taxes on shipments of apparels and made-up goods.