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Search Results for: investment+manufacturing

Textile industry faces the heat
The exporters are not much optimistic about the implementation of the Rs180 bn export enhancement package announced by prime minister Nawaz Sharif in December. The package allowed the 4-7 pc rebate
Welspun proposes projects
The Welspun companies that proposed the projects, all three to come up in Shabad mandal, Ranga Reddy district are expected to firm up their plans with the State government approving a set of
Joint Venture between Adient and Arvind for automotive fabrics
The joint venture between Adient and Arvind will intensify the fabrics portfolio of products for Adient along with increasing market presence for the AMD at Arvind. Adient is a US based foremost
African countries to ban imported secondhand clothes from UK, US
The African countries to enhance textile manufacturing sector that presently contributes 8.7 percent to the regional Gross Domestic Product to 25 percent by 2032. In March 2016, the head of states
Mitsui USA, PurThread signs deal for Japanese distribution
Mitsui USA and PurThread Technologies, Inc. (“PurThread”) have entered into a distributorship agreement for Mitsui USA to bring PurThread’s patented permanent antimicrobial fibers
Sri Lanka’s textile export to experience highest rate of growth in 2018
Sri Lanka's apparel and textile export segment is likely to experience the highest rate of growth in overseas shipment in 2018 as Sri Lanka focus on achieving $20 billion in export earnings by 2020,
Hry govt gives nod to new policy, new units to get incentives
The Haryana Government has approved the Textile Policy 2018 to incentivize setting up of new units and ensure growth and modernisation of the existing textile industry in the state, to make Haryana a
Alif Industries to invest Tk 400cr to expand its business in garment sector
Alif Industries a knit-based factory to produce yarn as part of efforts to reduce import dependency plans to invest Tk 400 crore to expand its business in the garment sector. The main focus is to
Cotam Enterprises to build new textile complex in Turkmenistan
Turkish company Cotam Enterprises Ltd. inked an agreement with the Ministry of Textile Industry of Turkmenistan to set up of a new textile complex in the country. Construction work of the complex
Marchi & Fildi to partake at Filo Milano B2B expo
Marchi & Fildi created through fusion of the Marchi and the Fildi spinning mills, to deal with the challenges of the global market and developers of cotton-based yarns for the textile industry that
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