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Chinese firms enter JV for new textile biz in Africa
Fung Group and Ruyi Group have announced a strategic partnership to jointly develop new growth opportunities in the global textile and garment sector, specifically in the emerging Africa market.
ITME AFRICA 2020 launched at GTTES
Organised by India ITME Society, the first edition ITME Africa is to be held in Millennium Hall, Addis Ababa, Ethiopia from February 14-16, 2020.
ASFW to open from Oct 1 to 4, 2018
The fourth edition of Africa Sourcing and Fashion Week (ASFW), Africa’s leading exhibition and conference,will open doors from 1-4 October 2018
"Govt needs to stop subsidising imported machinery"
Our exports are growing consistently over the last five years. We rely highly on local representation covering sales and aftersales service in specific markets. Along with this, regular exhibitions do allow us to have a brand recall.
Elgi Equipments nets Rs 76.9 cr profit
Coimbatore-based Elgi Equipments Ltd, a leading manufacturer of air compressors, announced the results for the financial year 2017-18 posting a PAT of Rs 76.9 crore, compared to Rs 68.4 crore in 2016-17.
Egypt’s textile exports increase 3%
Exports of the Textile Export Council increased 3 per cent in the period between January to October 2017 to stand at $673 million, as compared with $651 million a year earlier, the council said.