The total domestic demand for textile machinery during 2017-18 was Rs 13,613 crore of which imported machinery constituted Rs 9,652 crore, says the report from TMMA.

International technology Group ANDRITZ has received an order from Grupo SARI (Rubi Industrial), to supply a neXline needlepunch line for the production of needlepunched felts.

A Centre of Excellence (CoE) in textiles will open in Hawick, Scotland early next year. It was one of a range of “key projects” to boost the economy awarded funding by the South of Scotland Economic Partnership (Sosep) this summer.

At the Bangladesh Denim Expo, Jeanologia presented its new software eMark 5 that reduces time-to-laser mark by 15 per cent, simplifying how to design and increasing productivity.

RedCarpet365 Ltd had organised a press conference on November 10, 2018 at National Press Club of Dhaka, on the occasion of 3rd edition of BIGTEX – Bangladesh Int’l Garment Textile Machinery Expo 2018.

While Sanskar would be a range of menswear, Aastha is a women’s brand and Livfit would have a range of sportswear and Yoga dresses.

For the six months ended September 2018, the company reported a net profit of Rs 13.16 crore. Net sales in the first half of FY 2018-19 at Rs 727.61 crore. For H1 FY 2018-19, EBITDA margin stood at 12.03 per cent and PAT margin at 1.81 per cent.