Search Results: spinning (2840)

Reviving textile manufacturing in the United States is getting a fresh look. A year-end discussion with Professor Eric Hequet, an internationally renowned cotton fibre quality expert at Lubbock-based Texas Tech University, threw light on why there needs to be a revival in the textile manufacturing sector

The Rieter Group has completed the acquisition of a 25 percent stake in Electro-Jet S.L. on December 14, 2018 upon approval by the Spanish antitrust authority.

In the year 2018, textile industry has seen some improvements from the setbacks faced due to demonetisation and GST. Now each and every textile manufacturer, trader and entire value chain have accepted and understood that GST is now a part of the system, and they have to move forward with GST as applicable for their sector.

The calendar year 2018 had been one of the most challenging years for the textile industry due to the impact of GST on the MSME sector (especially on the textile hubs like Surat, Bhiwandi, Ludhiana, Erode and many others), higher raw material prices, severe liquidity crisis post Punjab National Bank scam and subdued fabric demand.