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EFI appoints new CFO
Electronics For Imaging, Inc has named veteran tech finance executive Grant Fitz as its new chief financial officer. Fitz replaces long-time EFI executive Marc Olin, who will assume the COO role at EFI. Fitz, who assumed his new CFO duties, brings nearly 30 years of financial and operational experience overseeing accounting, business support, and financial planning and analysis in the print marketing, tech and automotive fields.
GHCL launches “REKOOP 2.0”
During the New York Home Fashions Market Week, Fall 2019, GHCL launched REKOOP 2.0, an evolved and expanded expression, which comprises of a total of 12 innovative collections.
The growth engine of Indian textiles sector
With transformation of the Indian economy post liberalisation in the early 1990s, the demand and consumption of technical textiles products in India has been consistently increasing, says a report from KPMG.
Cotton & MMF outlook-2020
World cotton production is projected to be lower than its consumption for the fourth year in row. This has marginally supported the cotton prices in CS19 despite the subdued demand.
ITME AFRICA beckons textile industry to Africa
India ITME Society, the apex non-profit industry body from India established in 1980, organised a press conference at Addis Ababa, Ethiopia to promote its International event ITME AFRICA 2020, scheduled from February 14-16, 2020 at Millennium Hall, Addis Ababa, Ethiopia.
Banana fibre venture yet to take off
The plan of Tamil Nadu Handicrafts Development Corporation Limited (TNHDCL) and Confederation of Indian Industry (CII), Tiruchi, to support ventures for large-scale extraction of banana fibre is yet to take off in Tiruchi region.
RK Chugh takes over as IEEMA President
Indian Electrical & Electronics Manufacturers’ Association (IEEMA)—the apex association of the Indian electrical equipment manufacturing industry—has announced that RK Chugh has taken over the post of President, IEEMA for 2019-20.
Power from wet textiles
Researchers from IIT Kharagpur have developed a unique approach of generating electricity from clothes drying in natural ambience, which is otherwise a part and parcel of daily life, according to the premier institute.