Browsing: textile news

ITOCHU Corporation announced its participation, by capital investment, in the acquisition of US-based The LYCRA Company by its capital alliance and business partner Shandong Ruyi Science and Technology Group.

Exporters from the India’s largest man-made fabric (MMF) hub in Surat have stopped exports of fabrics to Pakistan in the aftermath of dastardly attack by a terrorist of Jaish-e-Mohammed (JeM) on a CRPF convoy in Jammu & Kashmir’s Pulwama district a few days ago.

In order to attract industrialists to the one of the most back ward district of Chamarajanagara in Karnataka, the State government has developed an industrial park spread over 1500 acres in which a mega textile park will be coming up soon.