The index of orders intake for textile machinery, as compiled by ACIMIT, the Association of Italian Textile Machinery Manufacturers, for the period ranging from July to September 2020, decreased by 26 per cent compared to the same period in 2019. The index value was attested at 72.4 points (2015 basis = 100).
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Raymond announced its unaudited financial results for the quarter ended September 30, 2020. Raymond is India’s largest integrated worsted suiting manufacturer that offers end-to-end solutions for fabrics and garmenting.
Applied DNA Sciences, a leader in Polymerase Chain Reaction (PCR)-based DNA manufacturing that enables diagnostics in vitro, pre-clinical nucleic acid-based therapeutic drug candidates, supply chain security, anti-counterfeiting, and anti-theft technology, announced that it plans to boost its COVID-19 testing capacity at Applied DNA Clinical Laboratories.
Umberto Negri, CEO Argar Srl, talks on the current situation of indutries that produce technical textiles for protective and working clothing.
The virus has severely hit the global supply chain and has even more extensively hit the manufacturing sectors all around the globe. But not all businesses have been disrupted. Some business opportunities are rolling forward along with new strategies or new business model, write Kumar Vikas.
Dhirubhai Shah, Chairman, Shahlon Silk Industries, speaks on the market prospects for Shahlon’s products in India, and USPs of its product offerings.
During CS 2019-20, cotton production is estimated to have increased by 13.6 per cent to 6 million tonnes during CS 2019-20 on account of higher yields backed by favourable monsoon conditions.