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.
The Noida Apparel Export Cluster has requested the government to ban the export of yarns and raw cotton so that more raw materials are available for the domestic apparel industry.
The Noida Apparel Export Cluster has requested the government to ban the export of yarns and raw cotton so that more raw materials are available for the domestic apparel industry.
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.