As per the data, the turnover from the textile exports in Vietnam has hit around $19 billion in the first six months of 2021. This turnover is 20% up from the last year’s data.

Altor Fund V has signed an agreement wherein it is going to acquire a majority stake in Oceansapart, a Rise Up Fashion GmbH.

ANDRITZ, an international technology Group, has received an order from Renaissance Textile. The order is related to the delivery of a complete recycling line for the company’s first recycling platform in France.

In last years, Nagda plant of Grasim Industries – a flagship company of the global conglomerate Aditya Birla Group – has taken the great step of committing to Zero Liquid Discharge (ZLD). Work is in progress and will be completed in 2021.

India and Germany have a long history of trade and collaboration in the manufacturing sector, especially in textiles. There is a strong growth case for the textiles and apparel (T&A) industry, and in turn, a strong policy and business case for close collaboration between German and Indian industry.