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Duty drawback rate cut upsets TEA
The Tiruppur Exporters’ Association (TEA) is dismayed on the reduction of duty drawback rates on apparel items. In this revised list, the government has reduced rates for value-added ready-made garments while improving rates for raw materials like cotton, yarn and fabrics.
Texcare brand to include Clean Show USA
Messe Frankfurt's Texcare brand is now rounded off by Clean Show USA. Elgar Straub, Managing Director of VDMA Textile Care, Fabric and Leather Technologies, comments on the extension of Texcare trade fairs to include the American Clean Show:
Pratibha Syntex bags 3 awards
Pratibha Syntex was honoured with Dare to Dream Award in an event recently organised in Bhopal by the Federation of Madhya Pradesh Chamber of Commerce and Industries (FMPCCI).
R Randegger is Head of Rieter After-Sales
The Board of Directors of Rieter Holding AG has appointed Rico Randegger to the Group Management of the Rieter Group with effect from June 1, 2019. He will be responsible for the Business Group After Sales.
“Weaves” fair to attract over 1k entrepreneurs
To facilitate the partnership between Indian and foreign buyers with manufacturers and traders, a four-day premier textile fair ‘Weaves’, with the theme “Global Connect for Weaving” was inaugurated at Texvalley. The last day of the exhibition will be December 8.
Global Textile Expo from Jan 27-29 in Coimbatore
Global Textile Expo (TEX TN) will be conducted by the Government of Tamil Nadu at CODISSIA Trade Fair Complex, Coimbatore to encourage further development of textile industry in Tamil Nadu at a cost of Rs 2 crore.
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