Browsing: Textile Industry

Ganesh Kasekar has been appointed as the new GOTS Representative in South Asia (India, Pakistan, Bangladesh and Sri Lanka). Ganesh, based in Mumbai, takes over the role of Sumit Gupta, the previous GOTS Regional Representative in India and Bangladesh with the additional countries Pakistan and Sri Lanka.

Sanjay Garg, President, NITMA said that NITMA welcomes the Government’s decision to revoke the anti-dumping duty on acrylic fibre originating in or exported from Thailand and imported into India.

On November 11, 2020, The Union Cabinet gave its approval to extend the production-linked incentive (PLI) scheme to textile products along with nine other new sectors entailing an additional financial outlay of Rs 1460 billion over a 5-year period.

Ashwin Chandran, Chairman, The Southern India Mills’ Association (SIMA) has thanked the Prime Minister and Union Textile Minister for including textile industry and allocating budget for improving manufacturing capabilities and boosting exports.

Convened by sustainability non-profit Forum for the Future, the Cotton 2040 coalition is a unique partnership that brings together representatives from standards, producers, brands and retailers.

Elgi Equipments, a manufacturer of air compressors, announced the results for the quarter and half year ended September 30, 2020. PAT for the quarter was Rs 33.2 crore compared to Rs 11.7 crore in the same period in 2019-2020 on a consolidated basis.

Ruizhe Sun, President of the China National Textile and Apparel Council (CNTAC), was unanimously elected as the new President of the Federation (for his detailed CV see the ITMF-website).