Global acrylic fibre market is projected to reach a CAGR of 3.6 per cent over 2016 to 2026. Acrylic fibres possess good aesthetic properties owing to their capability to accept multi-color dyes in clear, bright and muted tones.
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SITRA, at its recently-held Annual General Body Meeting that was held on September 30, 2016, reconstituted its governing body – The Council of Administration. Dr KV Srinivasan, Managing Director, Premier Mills Pvt Ltd, Coimbatore was elected as the Chairman of the Council of Administration. Sanjay Jayavarthanavelu, Chairman and Managing Director of Lakshmi Machine Works Ltd, Coimbatore was elected as Vice-Chairman of the Council of Administration.
Andritz Nonwoven, part of international technology Group ANDRITZ, has received two orders from Fujian NanFang Textile Co Ltd (PRC) to supply two new neXline spunlace nonwoven lines for its new plant in the city of NanPing, China.
The Union Cabinet Chaired by the Prime Minister approved certain reforms to boost employment generation and exports in the made-ups sector that has been facing challenges in the international market due to high costs of production, non-refund of State levies, high tariff barrier when compared to the competing nations such as Pakistan, Vietnam, etc.
Thanks to the demonetisation, the Indian textile and apparel industry has lost 30-40 per cent of business. Apparel sale in domestic markets had stopped in the initial days and recovered gradually.
The European Union is likely to clinch a textile protocol with Uzbekistan only if it is satisfied Uzbekistan has made progress in scaling back the use of child labour. The EU wants the practice of forced labour and child labour to be eradicated from the national to the local levels.
Sri Lakshmi Fire Controls was founded in 2012 by AS Venkat Krishna, who is well experienced in fire protection field. Sri Lakshmi Fire Controls has a technical collaboration with German-based GreCon, a leader in fire protection system with more than 2,00,000 successful installations around the globe. AS Venkat Krishna, Chief Executive Officer, Sri Lakshmi Fire Controls, spoke to The Indian Textile Journal in an exclusive interview.