Amidst protest from local people from various villages near Kariyapatti, Chief Minister Edappadi K. Palaniswami laid foundation stone for Southern Districts Textile Processing Cluster Private Limited and New Industrial Park
Browsing: Textile Industry
Under different phases of the Public Sector Development Programme (PSDP), the Small and Medium Enterprises Development Authority (SMEDA) of Pakistan is planning to set up 1,000 industrial stitching units.
With the aim to promote textile industry in Uttar Pradesh, the Yogi Adityanath government has decided to set up a textile park in Farrukhabad for which land has been acquired and investment has been arranged.
Import of textile machinery and accessories in 2018-2019 grew 24 per cent compared to the previous year, Jugal Kishore Pansari, president of Indian Textile Accessories and Machinery Manufacturers’ Association (ITAMMA), said.
India ranked fifth in the global textile and clothing exports in 2018 though it was in the second position between 2014 and 2017, according to the Confederation of Indian Textile Industry.
Oerlikon Barmag recently signed contracts for two orders with a total of 120 spinning positions for manufacturing polyamide POY yarn with Chinese yarn manufacturers.
The Lenzing Group continued its solid business development in the first half of 2019. Despite a significantly more challenging market environment with historically low prices for standard viscose, Lenzing recorded a slight increase in revenue.