The Haryana Government’s recently announced textile policy, which aims for integrated development of the textile industry, is expected to make the State competitive for investments in the sector, rating agency ICRA said.
Browsing: Textile Industry
Myanmar has made rapid strides and has emerged as the country with the most potential to emerge as a formidable player among garment-producing nations, says a study.
The textile industry is expected to have a uniform GST rate, says Union Textile Minister Smriti Irani. She disclosed during a recent conference and assured there would be neutrality in the rate.
The Woolmark Company is reinforcing its commitment to supporting emerging design talent by enhancing the prize money for the prestigious International Woolmark Prize.
Heiko Arnold has become the new Chief Technology Officer of the Lenzing Group, on 1 May. The Management Board of the leading producer of botanic cellulose fibres led by CEO Stefan Doboczky was expanded by a new position for Technology and increased from three to four members in view of the forthcoming expansion of production capacity.
Sale of khadi products shot up by 33 per cent to Rs 2,005 crore in the fiscal year 2016-17, from Rs 1,510 crore a year ago. Khadi and Village Industries Commission (KVIC) said in a statement that it expects to surpass the sales target of Rs 5,000 crore in 2018-19.
Stäubli will exhibit the DEIMO 2900SL controller for circular knitting machines, which can be applied on the machines for the production of socks, pantyhose, and – in the mid-to-high diameter range – underwear or seamless garments at YiwuTex, which will be held from June 13-15, 2017 at Yiwu International Expo Centre, Zhejiang Province, PR China.