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Search Results for: new+investment+projects

Russia to come up with new polyester fibre and nonwovens plant
Russia to come up with its large scale polyester fibre and a new generation of nonwovens production plant in Tambov region by CJSC Kotovsky Nonwovens Plant, one of Russia’s largest producers
Karnataka announces new textile policy, to create 5 lac jobs and attract Rs100 bn investment
The Karnataka state government has announced its ambitious new textile policy for 2013-18 and has set a target of attracting an investment of Rs 10,000 crore. It wants to make the state a preferred
Govt's plan to tap Rs40,000 cr investments in textile sector fall short
The government’s ambitious five years plan between 2012 and 2017 to tap investments worth Rs40,000 crore and creating 11 lakh jobs in the textile sector by 2017 seems set to fall short of
H&M Group, Rondo Energy partner to develop zero-carbon heat solutions
Swedish retail giant H&M Group has announced a new partnership and investment with zero-carbon heat and power provider Rondo Energy. Rondo claims its heat batteries can replace most fossil fuels
Ethiopia inks deal with UNIDO to boost textile sector sustainability
Ethiopia has entered a $28 million agreement with the United Nations Industrial Development Organisation (UNIDO) to bolster the sustainable development of the nation's textile and garments industry.
Euratex's ReHubs partners with key industry players to Boost textile recycling
ReHubs, an initiative by the European Apparel and Textile Industry (Euratex), has officially welcomed its inaugural industry partners, including renowned Spanish fashion companies like Inditex and
LuLu Group to working to invest in Telangana, India
LuLu Group, the UAE-based aggregate, is wandering into Telangana with mammoth investment plans across India's retail and agriculture industry. Recently in Hyderabad, IT Minister KT Rama Rao provided
TreeToTextile invests €35 million to build its demo plant in Sweden
TreeToTextile, owned by H&M Group, Inter IKEA Group, Stora Enso, and LSCS Invest, invested €35 million in building a textile fiber process technology demonstration plant in Sweden. From 2016
VF Corp closes second €500 million green bond
US fashion giant VF Corporation, has closed its €500 million (US$530m) green bond offering to boost its sustainability objectives. The North Face, Timberland, Vans, Supreme, and other brands
H&M Foundation aims to expand its waste-picking project
The Saamuhika Shakti project, which the H&M Foundation established in 2020, invested US$11 million to help uplift the informal waste pickers in Bengaluru out of poverty. As of right now, the
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