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S Hari Shankar elected new Chairman of India-ITME Society
S Hari Shankar, joint Managing Director of Coimbatore-based Lakshmi Card Clothing Mfg Co Pvt Ltd, a complete card room solutions provider, has been elected as the Chairman of India-ITME Society for 2017-2021.
Mills seek re-look at duty drawback rates
Indian textiles and clothing exports has been struggling during the last three years due to the absence of level playing field in the global market mainly because of high tariff rates in major markets and also non-refund of several taxes and levies.
SPGPrints opens new experience centre
SPGPrints has strengthened its commitment to the adoption and development of digital textile printing technology with a training facility located at the company’s Boxmeer, Netherlands headquarters.
Trident wins CITI award for sustainability
Trident Limited, a leading manufacturer and exporter of textiles, has bagged the Confederation of Indian Textile Industry (CITI) Award for Excellence in energy conservation.
Invista buys Cone Denim’s dual core patent
Since the purchase, Invista has been meeting individually with its denim customers and providing selected weavers with licenses to practice the technology.
Pak MoU to attract $375 mn investment
The Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) has signed an MoU with Ecommerce Gateway Pakistan, a leading trade fair organiser, to attract foreign investment worth $375 million into textile sector.
Hyderabad firm buys Monsanto’s cotton seed biz
Hyderabad-based Tierra Agrotech Pvt Ltd has acquired the branded cotton seeds business of Monsanto Holdings as the US-based seed giant battles a bitter dispute with former Indian licensee Nuziveedu Seeds in the Delhi High Court.
Cabinet apprised of MoU on silk with Japan
The Union Cabinet chaired by Prime Minister Narendra Modi has been apprised of an MoU between Central Silk Board (CSB), India and National Institute of Agrobiological Sciences (NIAS), Japan for collaborative research in the field of silkworm and silk industries.
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