Browsing: Confederation of Indian Industry

The Confederation of Indian Industry (CII) announced Lakshmi Machine Works (LMW) – Textile Machinery Division as the most innovative company of the year 2020. LMW received the award for its innovative products namely, FixFil, Lap former LH20S and Speed frame LF4280 SX.

Bangladesh’s Nitol-Niloy group, which has business interests in automobile and engineering, wants to invest in the Indian textile sector, especially in West Bengal, where it plans to start a spinning mill to convert India-sourced cotton to yarn for consumption in Bangladesh.