With a spike in the number of COVID-19 cases, Karur textile manufacturers and exporters association has announced a complete shutdown of the manufacturing units starting May19.
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Though plant sites are functional with a restricted occupancy level, 1QFY22 may not be a lost quarter, thanks to strong export markets, says Mahaveer Jain of India Ratings
The event is scheduled to take place from June 12-16 in Shanghai, China. The company will be present both physically and virtually at Booth C31, Hall 4 of the National Exhibition and Convention Centre.
US-based retailer Target Corporation completed a vendor re-empanelment process with Welspun Global Brands Ltd., Welspun India’s subsidiary, recently.
In this interview, Chirag Pittie, Director, SVP Global Ventures Ltd, highlights on the changing dynamics of the spinning industry in India and how his company is gearing up for the future.
ADDEV Materials’ acquisition of French manufacturer Textile Pour l’Industrie (TPI) will help the former to expand its critical cleaning and surface preparation supplies in the civil and military aeronautics markets.
The provisional data of the Cotton Textiles Export Promotion Council revealed that the exports of readymade garments and manmade textile declined by 20.78% and 21.20%, respectively. The final data is expected by May end.