The long awaited new textile policy, which aims to create 35 million new jobs and boost exports to over $300 billion annually over the next decade, is likely to be unveiled, may be within the next two months, according to Santosh Gangwar, Minister of State for Textiles.
Weaving industry has been progressing well in the last couple of years. The first boom was in 2004 and 2005, when weaving attracted a lot of investment. Then it slowed a bit. Again in 2012, one more boom period started.
The year 2015 was one of the best years for the processing industry. Looking at the current trends and the sentiments that unfolded at ITMA, 2016 will also be as good as the previous year. Corporates, which have done modernisation, will invest in expansion in the coming years.
The South India Textile Research Association (SITRA) will commission an incubation facility in another three months to support new ventures in medical textiles.
The Board of Directors of Rieter Holding Ltd. proposed two new members for election at the Annual General Meeting on April 6, 2015: Roger Baillod and Bernhard Jucker.
Dr Greg A Constable of Australia has won the ICAC Researcher of the Year Award for 2015. The International Cotton Advisory Committee (ICAC) started an annual award ?ICAC Cotton Researcher of the Year? in 2009.
The Board of Directors of Rieter Holding Ltd. proposed two new members for election at the Annual General Meeting on April 6, 2015: Roger Baillod and Bernhard Jucker.