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China turns cotton deficit
September 2019
China needs to triple its cotton imports. With government stocks depleting, China needs to import more to sustain its mills’ consumption.
Spinners woes continues
September 2019
Declining yarn exports has put the Indian textile industry in a crisis mode. Is this crisis a short or long term? A telephone conversation between two Indian textile industry professionals painted a clear picture.
T.T. Limited to exit from spinning
September 2019
T. T. Limited has been successful in disposing off company’s spinning machinery earlier located at Gajroula (Uttar Pradesh) and Avinashi (Tirupur, Tamil Nadu).
Kasam to set up Rs 100-cr textile unit in Warangal
September 2019
Kasam Industries will be setting up Rs 100 crore textile manufacturing unit at Kakatiya Mega Textile Park in Warangal. The unit, which will comprise of spinning and yarn mills, may also have a dyeing unit.
Textile bodies appeal for status quo on energy policies in TN
September 2019
Tamil Nadu textile industry that accounts for one-third of the textile business, 47 per cent of the spinning capacity providing direct jobs to over 60 lakh people especially to rural masses and women folk and fetching Rs 60,000 crore as forex earnings, is the worst affected in the country under the current unprecedented recession due to raw material / finished goods transport cost and several other factors.
WOLFFKRAN invests in fibre rope with self-monitoring function
September 2019
WOLFFKRAN acquires a stake in TROWIS GmbH, a young German company dedicated to the development and production of high-performance fibre ropes for applications in the lifting and materials handling industry.
Itema announces agreement for significant stakes in Schoch
September 2019
Itema announced on September 19, 2019 that the company has signed the agreement for the taking over of Schoch Group.
Power from wet textiles!
September 2019
Researchers from IIT Kharagpur have developed a unique approach of generating electricity from clothes drying in natural ambience, which is otherwise a part and parcel of daily life, according to the premier institute.
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