Browsing: MoU

GWRL has announced the signing of an MoU with Israel’s Aero-T showing intention to combine their capability for manufacturing and supply of advanced aerostats for Indian Defence.

An MoU between GWRL and Aero-T envisages intention of the parties to establish future co-operation between both companies to facilitate a fully indigenised development, production, delivery and maintenance support for advanced aerostats required for both military and civilian use.

The 10th edition of India-ITME is opening on a note of high expectations! The Indian Government´s recent Rs.6,000-cr package & amended TUFS have rekindled exhibitor interest while high-tech wares promise to ignite buyer zest. A cross-section of the textile industry players shares their moods & opinions.

India is one of the fastest growing and promising economies today on the world map. With huge raw material availability and with stable Government, rapid industrial growth is forecasted in near future. Today, textile sector is one of the largest contributors to India´s exports with approximately 11 per cent of total exports.

The Jharkhand Government has signed an MoU with Orient Craft for construction of two textile parks at a cost of Rs 1,500 crore on a 140-acre land. The MoU was signed during the launch of a roadshow named ‘Momentum Jharkhand’ in Mumbai to promote Jharkhand’s global investors summit scheduled for February.

The Industrial Development Corporation (IDC) has signed a memorandum of understanding (MoU) with Japanese company Marubeni to rehabilitate Mulungushi Textiles Limited at the Tokyo International Conference on African Development (TICAD) in Nairobi, Kenya.

The NIFT-TEA Knitwear Fashion Institute is collaborating with Synthetic and Arts Silk Mills Research (SASMIRA) to develop a machine for dyeing cotton fabrics without the use of water. The proposed machine will be similar to the one developed by SASMIRA for dyeing polyester fabrics, which uses liquefied carbon dioxide instead of water.