After reporting a net profit of about Rs 17.9 billion in Q4 last year, Alok Industries, a well-known textile firm, has reported in its regulatory filing a net loss of Rs 5 billion in the current Q4 ending on March 31st, 2021.

The domestic order is worth Rs 3.45 billion. Meera Industries will deliver three sets of its newly launched Tape Drive CT-260 Twister or Cabler machines for BCF carpet yarn manufacturing space to Dodhia Synthetics.

The new MAX Technology includes 3D print capabilities for endless graphic decorations in a single, waste-free process. Kornit also announced two other products named Kornit Atlas MAX and ActiveLoad Automation technology.

The Department of Handicrafts and Handloom in Kashmir is in the process of shortlisting a social media agency. The agency will aid artisans by managing the marketing and publicity of their authentic and genuine products.

Fineotex Chemical, India’s leading textile chemical manufacturer, has registered a considerable growth year-on-year for both the Q4 results and the consolidated year-ending results for 2021, despite the pandemic.

The Bangladesh garment and textile exporters have been struggling with the second COVID wave and have requested the government to allocate a financial package to help them pay wages and festive allowances to workers.

The proposed world-scale polymer plant will produce 300 metric tons of PET (polyethylene terephthalate) per day for low-viscosity applications. The PET melt will further be processed into PET Chips and pre-oriented yarn.