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Innovivi CoE launched in Hyderabad
Innovivi, a Centre of Excellence, established in Hyderabad with an objective to provide a platform to foster innovation and entrepreneurship in a collaborative and enabling environment for a positive impact on the Indian Economy.
India ranks 60th in Global Innovation Index
Addressing a large audience, while delivering Guest of Honour and Key Note Address on “Innovations in Management and Social Sciences”, at the IIF, G-Noida, Dr JD Agarwal, Sr Professor and Founder Chairman, etc.
Demand for carpets & rugs in India to grow 5.9%
Demand for carpets and rugs in India is forecast to grow 5.9 per cent per year to 120 million square meters in 2021, expanding faster than any other major nation worldwide. Growth will be driven by strong gains in construction activity, expanding the size of the country’s building stock.
IFC assists Vietnam in resources saving
The International Finance Corporation (IFC), a member of the World Bank Group, has helped Vietnamese garment-textile outsourcers save over 20 per cent of water and energy consumption.
Anti-dumping duty on VSF from China
The Indian Government has imposed anti-dumping duty (ADD)—ranging between $0.180 and $0.194 per kg—on viscose staple fibre (VSF) imports from China. The Finance Ministry has announced levying of ADD ranging from $0.103 to $0.512 per kg on VSF imports from Indonesia.
A bag of mixed fortunes
The overall proposed structure to revive rural consumption and rural development in the Budget is likely to give an indirect impetus to the textile industry.
World Textile Summit give expert insights
The World Textile Summit, that was launched on the second day of the ITMA Milano, gave more than 150 textile industry leaders a range of expert insights into the business issues that feed into decisions on sustainability in the textile supply chain.
Achhe din kab aayenge?
I remember a presentation I made in China last June, where I proudly claimed that Indian textile industry would be well off even with less purchase of cotton and yarn by China. We all were buzz with optimism and were ranting the Indian consumption story.
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