After almost 30 years with the company, Klaus Heinrichs, Vice-President, Monforts, is to retire at the end of May. A very well-known and respected figure in the industry, Klaus began working in marketing for the company in 1992.
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Dark clouds of lockdown are back with the Tsunami of Covid 19 cases resurfacing across the country. With major textile producing states – Maharashtra, Tamil Nadu and Gujarat – under lockdown, the industry is staring at huge losses again this year.
Dhiraj Raichand Shah, Executive Chairman of Shahlon Silk Industries Ltd, Surat, has taken over as Chairman of The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) at the recently held meeting of the Committee of Administration of the Council.
The Committee on Cotton Production and Consumption expects the current year’s production to be 36 million bales, lower than last year’s estimate of 365 lakh bales. This dip is owing to the spread and impact of COVID-19.
In this interview, Ashwin Chandra, Chairman, The Southern India Mills’ Association (SIMA), delves into challenges ailing the spinning industry.
The state government imposed a state-wide lockdown allowing only construction and manufacturing activities to take place. The KEA has requested for garment factories to function with COVID-19 measures and 50% attendance.
The domestic order is worth Rs 3.45 billion. Meera Industries will deliver three sets of its newly launched Tape Drive CT-260 Twister or Cabler machines for BCF carpet yarn manufacturing space to Dodhia Synthetics.