Kenya plans to revive its cotton industry, a major foreign-exchange earner until the 1980s, amid strong demand for lint from domestic mills and the potential to supply manufacturers exporting clothing and textiles to the US under a preferential trade deal.
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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.
Kenya plans to revive its cotton industry, a major foreign-exchange earner until the 1980s, amid strong demand for lint from domestic mills and the potential to supply manufacturers exporting clothing and textiles to the U.S. under a preferential trade deal.
About 1,050 exhibitors, 38 countries, 17 chapters, 11 exhibiting halls, 24 product launches over six days of exhibition makes India ITME-2016 the largest and apex exhibition for textile machinery and technology in India and one of the most-awaited business event for the textile industry members.
Gurgaon-based, A M Innospin Systems Pvt Ltd has its manufacturing base at Faridabad which is very well known as the manufacturing hub for precision automotive parts. The company has grown into a multi-activity organisation with the background of textile technologists having vast experience at various levels in the industry. The company specializes in spinning and material handling.
Nandan Denim Limited (NDL), poised to be Asia’s largest denim fabric manufacturer has reported a net profit of Rs 16.30 crore for Q2 of FY 2016-17 as against Rs 15.61 crore in the corresponding period of 2015-16, a rise of 4.42 per cent. Net Sales for second quarter ended September 2016 at Rs 302.63 crore were higher by 2.75 per cent over previous fiscal’s same quarter Net Sales of Rs 294.53 crore. Company reported healthy EBITDA and PAT margin in Q2 FY17 at 16.23 per cent and 5.38 per cent respectively. EPS for Q2 FY 17 stood at Rs 3.39 (Face value of Rs 10 per share).
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.