ColorJet Group, one of the largest manufacturers of digital printers in India, displayed a live demonstration of direct to fabric digital textile printer VASTRAJET at Gartex 2016, which was held in New Delhi from August 27-29.
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Textile mills in Coimbatore are in dire straits with market pundits predicting that cotton prices are unlikely to fall until the next season that starts in October.
State-run Tamil Nadu Handloom Weavers’ Cooperative Society Ltd (Co-optex) posted an all-time high retail sales turnover of Rs 313.38 crore in 2015-16, the State Assembly was informed recently.
Archroma has created Colour Atlas, a colour library to easily bring colour creativity and manageability to an entirely new level for stylists and designers, brands and retailers, and their suppliers.
ICRA, an Indian independent and professional investment information and credit rating agency, opines that a 12 per cent (lower rate) recommended by the Dr Arvind Subramanian Committee will have a negative impact on the textile sector, especially the cotton value chain, which is currently attracting zero central excise duty (under optional route); unlike the man-made fibre sector, where the fibre attracts excise duty at the manufacturing stage (unlike cotton).
Technosmart, a new revolutionary fabric from Raymond is expected to boost the company’s fortunes with the management targeting a business of Rs 100 crore in the next one year.
SPGPrints has announced the sale of a six-colour PIKE® digital textile printer to the Dongheng Group, in Changzhou, Jiangsu province (near Shanghai), China. DHG wanted to expand its digital capabilities for a variety of reasons. First, it needed to offer greater service flexibility, meeting customer demands for both high-quality, short runs and faster lead-times.
Waste and environmental factors also influenced the decision to install the PIKE: with no need for screen preparation, minimal substrate waste, and lower water and energy usage, the PIKE met DHG’s requirements.