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S Korea-GCCI pact on textile
The Gujarat Chamber of Commerce and Industry (GCCI) recently signed a memorandum of understanding with an official delegation from South Korea led by the country’s consul general in Mumbai Kim Soungeun for cooperation between small and medium enterprises (SMEs) in Gujarat and Korean firms, with a focus on automobile, defence, chemicals and textiles sectors.
Nonwoven fabric market to touch $66.8 bn
Global nonwoven fabric market is anticipated to reach $66.8 billion by the end of 2024. It is estimated to register 8.3 per cent CAGR during 2016-2024, according to the report by Persistence Market Research (PMR).
Belt dryers with a gentle touch!
High-performance dryer SUPRA-FLOW BH is characterised by its high evaporation capacity, a high energy efficiency, the gentle material transport and an excellent drying homogeneity.
Toyobo to double airbag fabric capacity
Japanese company, Toyobo intends to build a manufacturing facility to double the production capacity of airbag fabric by 2020 at a local plant of German thread maker PHP, in which they will spend some $85.1 million with Thailand textile giant, Indorama Ventures, responding to the growing demand.
Technical textiles to the fore
Through our extensive market research, we have understood the demand of technical textile products in developed countries have reached to stagnancy level now and market is shifting to developing counties, says Avinash Mayekar, MD & CEO of Suvin Advisors Pvt Ltd, in an interview with the ITJ.
On a Skilling Spree!
Skilling the labour is priority on the agenda of industry and the Government, and modernisation and rapid growth vital for the export-based textile industry depend solely on the progress of this new drive. An ITJ Report sizes up the mission of this skilling spree
Ford´s investment in India to aid nonwoven usage
Global automobile giant Ford will invest in a new integrated manufacturing facility in Sanand, India. Ford will invest one billion US dollars to set up an integrated manufacturing facility, which will produce latest models by June 2015.