The company will spend Rs 6 billion to upgrade equipment and add capacity at its Nagpur manufacturing site. The new PET resin facility at Nagpur is expected to be operational by Q2 of 2022
Major cities in Cambodia have gone into lockdown because of the COVID-19 pandemic. As a relief to the textile industry, the government will now allow workers in the yellow zone to work with certain restrictions.
Loepfe Brothers and Loptex have recently announced a distinguished strategic collaboration targeted at further improving yarn quality and productivity for spinning mills.
Technical textile is considered to a sunrise sector offering immense growth potential for Indian companies.
Eradicating child labour in any form of employment is an important issue across the world. All the major importing countries, especially United States of America in particular, are very sensitive to this issue.
Bella Casa – one of the country’s leading manufacturers and distributors of ethnic wear and home textiles – has set up a Greenfield manufacturing facility in Jaipur with a production capacity of 2.4 million units a year.
Picanol Group has today acquired a minority stake in Rieter Holding AG , amounting to
a total of 467,236 shares for a price of 45.4 million EUR.