The largest rooftop solar plant of two Mega Watt (MW) installed on the roof of a building that houses the spinning machinery and a warehouse of Murugan Textiles, at Palladam, Tirupur district, Tamil Nadu by Tata Power Solar.
Sri Murugan Textiles, India's leading tape manufacturer with head quarter's positioned in Bhavani, supplies its exclusive products across India.
Although India saw demand for cotton yarn from China on a declining trend and the European Union market for fabrics and made-ups mired during the last four months. However, the demand for textiles would be picking up soon in India with the festival season just round the corner.
Drop in export demand for cotton yarn and the slowdown in the domestic market are only temporary and yarn manufacturers should not panic because of the “temporary slothfulness in the market, according to chairman of Southern India Mills’ Association (SIMA) T. Rajkumar.
H&M Hennes & Mauritz AB, the Swedish retail giant has used around 10.8 percent of certified organic cotton in 2013 which was enough to make the fashion giant the leading and largest buyer on the planet according to Textile Exchange's Organic Cotton Market Report 2013.
H&M has regained its title as world’s top most organic cotton purchaser before slipping into second place in 2012. In the past, H&M led the ranking in 2010 and 2011.
Empire Investment Holdings has sold out Polyester Fibers LLC which is headquartered in Conover a leading North American manufacturer and distributor of nonwoven polyester materials to certain senior members of management.
The management-led takeover of Polyester Fibers from its parent company, Empire Investment Holdings has been successfully completed. The takeover was funded by Polyester Fibers' management team and financing was provided by JPMorgan Chase and Salem Investment Partners.
Vietnam is expected to be one of the fastest growing suppliers of textiles and clothing to Western markets over the next few years. Its textile industry has also outnumbered the firms of Bangladesh and Cambodia. The fastest growing supplier of the US continues to grow its demand strongly in the first four months of 2014.
Gildan Activewear, a Montreal-based manufacturer and marketer of branded clothing as it is working at achieving international growth plans not only to further expanding its Central American textile production capacity but also looking for more acquisitions.
The company announced its plan to build a new plant at its complex in Honduras that will churn out products in 2016, a year before the opening of a planned facility in Costa Rica.
Jute farmers not so familiar with the new system of ribbon retting method, a technology for rotting jute plants with less water to get quality fibre are using old traditional method of jute rotting causing serious pollution of water as rotting of jute plant is going on in full swing in all the river and water bodies in the district.
SOURCING at MAGIC a 4-day mega trade show held twice a year in Las Vegas, USA is one of the largest and most important shows in the world. Over 40 countries including India, China, the Orient, Africa, Central and South America and Europe are participating in the Expo.
The global children’s wear market is likely to witness upward trend in the coming years and one of the key factors contributing to this market growth is the rise in consumer spending on children’s wear.
The children’s wear market is mainly driven by affluent parents, high birth-rate in developed and developing countries, growing influence of fashion, higher disposable incomes and more dual-income households.
Silk Mark Organisation India (SMOI) is an initiative formed by Central Silk Board (CSB) and Ministry of Textile to empower the silk lovers with the ability to identify the purity of silk is conducting a Silk Mark Expo – 2014.
The objective behind Silk Mark Expo is to provide a platform to the Authorised Users (AUs) to showcase and sell an array of intricate silk designs produced by the silk manufacturers and traders.
