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TK Sengupta elected as President of TAI Central
TK Sengupta is elected as President of The Textile Association (TAI) India, Central, for the term 2017-2019 in the elections during Governing Council Meeting held on February 1, 2018 at Nagpur.
TAI elects new office bearers
New Office Bearers are elected for the term 2017-2019 of Textile Association of India, Central Office in the elections held on February 1, 2018 in the Governing Council meeting held at Nagpur.
India, a stong market for Oerlikon: Customers Meet
“The manmade fibre (MMF) market has recovered in the last three months from the two impacts of demonetisation and GST,” said Andre Wissenberg, Vice President, Head of Marketing, Corporate Communications and Public Affairs, Oerlikon, while speaking on the challenges for the manmade fibre industry in a global environment.
Rieter's order intake grows by 16%
Rieter’s growth in order intake in the Asian countries (excluding China, India and Turkey) was pleasing.
The Rieter Group achieved an order intake of CHF 1 051.5 million in the 2017 financial year. This represents an increase of 16 per cent compared to the previous year (+ CHF 146.3 million). Thus, the upturn seen in the first half of 2017 continued. Sales totaled CHF 965.6 million, up 2 per cent on the previous year (2016: CHF 945.0 million). The full annual financial statements and the 2017 Annual Report will be published by Rieter on March 13, 2018.
Udeshi conferred with SRTEPC Lifetime Achievement Award
The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC), one of the oldest export promotion councils in India, recently gave away export awards in a function held on January 27, 2018 in Mumbai. Present during the occasion was: Smriti Zubin Irani, Union Minister of Textiles & Information and Broadcasting; Ajay Tamta, Union Minister of State for Textiles; Anant Kumar Singh, Secretary, Textiles; Dr Kavita Gupta, Textile Commissioner; Rughani, Vice Chairman; Anil Rajvanshi, Convenor, Export Award Committee; and Rajen Udeshi of Reliance Industries.
Applied DNA Sciences to launch recycled PET
Fully source-verified, recycled polyethylene terephthalate (PET post-consumer) is the clear plastic best known for packaging bottled water, and is the most widely recycled plastic in the world.
Applied DNA Sciences Inc is collaborating with GHCL Limited, a global manufacturer of home textiles, and Reliance Industries Ltd (RIL), India’s largest private sector company and the first to feature in Fortune’s Global 500 list of ‘World’s Largest Corporations’ – to launch CertainT verified recycled PET (rPET) bedding products at New York Home Fashions week, to be held from March 19 to 22, 2018.