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Related Keywords: brand Liva, business development, Grasim Industries, next fiscal, plans to invest, product development, promoting garments made of VSF, research and development, traget retail customers, usage and awareness on VSF is limited, Viscose staple fibre, VSF catching up among domestic processors

Grasim Industries, a flagship company of the Aditya Birla Group plans to invest around Rs 150 crore for product development, R&D and business development in the next fiscal for its viscose staple fibre (VSF) brand Liva launched earlier this year to target retail customers, as the usage of viscose staple fibre (VSF) is already catching up among domestic processors with VSF-made winter collection expected to go up from 20 lakh garments this year to about 50 lakh garments next winter season, said Grasim Industries Managing Director KK Maheshwari .

Related Keywords: Australian wool industry, AWI, Chinese wool textile firm, commwercialisation, develop new wool textiles, innovating to broaden market, Nanshan Corporation, Nanshan Wool Tasmania source of the wool, product development, small pilot plant with sample machines, third largest wool manufacturer, unique textiles and designs, work on joint ventures

A delegation of Nanshan Corporation, Chinese wool textile firm are in Australia this week to work on joint ventures with Australian wool industry to bring new products to market. The Woolmark Company's general manager for product development and commercialisation Jimmy Jackson said that Australian Wool Innovation (AWI) was working with Nanshan to develop new wool textiles.

Related Keywords: chain linkage, domestic, Free trade agreement, garment producer, international market, marketing, original design manufacturer model, product development, production methods, production targets, regional trade blocs, remodel, TPP, Vietnam garment industry, Vietnamese enterprises

Vietnam one of the world's largest garment producers to maintain its status is making all efforts to remodel its production methods. The move comes in the light of advantages offered by the Trans Pacific Partnership (TPP) and other free trade agreements that the country has entered into with regional trade blocs around the world.

According to Le Tien Truong, Vietnam Textile and Garment Group (Vinatex) General Director after years of manufacturing, Vietnamese enterprises have gained much experience in manufacturing, management and labour.