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Carrick Sports acquires Phil Day Sports
STRI Group’s construction division, Carrick Sports, has expanded its UK operation by acquiring leading sports turf contractor Phil Day Sports (PDS).
MGC takes over Melchior Textil
MGC, the textile manufacturing joint venture between the Carrington Textiles and the Portugal based TMG - Acabamentos Texteis SA and strategic finishing partner for Melchior Textil, has taken over Melchior Textil (Germany) from HOS-Group.
GHCL net revenue for Q3FY20 down by 4%
GHCL, India’s leading chemical and textile company, announced its financial results for the third quarter of financial year 2020-21.
Textile industry worried as Govt scraps export sops
The textile industry has expressed shock and anguish over the withdrawal of four per cent incentive given under the Merchandise Export Incentive Scheme (MEIS) on made-ups and garments, with retrospective effect from March 7, 2019.
FTAs to boost India’s textile exports: AEPC chairman
FTAs with Australia, Canada, the United Kingdom and EU will help boost India’s textile exports, according to AEPC, whose chairman A Sakthivel recently said the government should pursue FTAs with these countries as they hold tremendous potential for India's exports.
India to hit $7 bn in MMF textiles exports in 2020: SRTEPC
Exports of Indian man-made fibre (MMF) textiles is expected to reach $7 billion by the end of fiscal 2020-21, witnessing a growth of at least 10 per cent from the current level, according to Ronak Rughani, Chairman of the Synthetic and Rayon Textiles Export Promotion Council (SRTEPC).
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