by DIGITAL MEDIA EXECUTIVE | Jun 8, 2023 | Event Update, Textile machinery
The Valtech Group and many of its firms have a lengthy history in the textile sector. As a result, the ITMA expo is a crucial venue for connecting with clients and staying current with the market. Visitors at ITMA Milano this year are invited to stop by the Valtech...
by DIGITAL MEDIA EXECUTIVE | May 11, 2023 | Business & Policy
This spring, Spectro Coating in Leominster, Mass., USA, shut its doors. Spectro was one of the largest flock providers in the US and several factors were involved with their decision to close. For one, the owners – Hemendra Shah and his son, Raj Shah –...
by DIGITAL MEDIA EXECUTIVE | May 5, 2023 | Corporate Update
In its 2022 Sustainability Summary Report, HanesBrands highlights notable achievements in the categories of People, Planet, and Product. According to Steve Bratspies, chief executive officer of HanesBrands, “HanesBrands continues to build on our...
by DIGITAL MEDIA EXECUTIVE | Apr 29, 2023 | Business & Policy
A request for flexible work hours for exporting firms has been made to Chief Minister M.K. Stalin by the Federation of Indian Export Organisations (FIEO). In a memo to the Chief Minister on Tuesday, Federation President A. Sakthivel stated that businesses from all...
by DIGITAL MEDIA EXECUTIVE | Apr 24, 2023 | News & Insights
Tiruppur, the centre of South India’s textile industry, breathed a sigh of relief on Friday as the Tamil Nadu government finally agreed to the industry’s long-standing demand to increase the working hours of textile units from eight to twelve hours per day...
by DIGITAL MEDIA EXECUTIVE | Apr 17, 2023 | News & Insights
The National Textile Corporation (NTC) mill workers in Tamil Nadu will protest on April 20 in order to be paid their wages. According to trade union leaders T.S. Rajamani and M. Arumugam, employees at the seven mills in the State have only been receiving 50% of their...
by DIGITAL MEDIA EXECUTIVE | Apr 14, 2023 | Textile Technology
The textile commissioner’s office will now be located in New Delhi, per a decision made by the central government. The ministry of textiles’ under secretary, Jayashree Sivakumar, informed textile commissioner Roop Rashi of the decision in a letter. The...
by DIGITAL MEDIA EXECUTIVE | Apr 14, 2023 | Garment
The export orders from the United States and Europe that Tirupur, the textile capital of India, had anticipated in the aftermath of the COVID outbreak, did not come through. Eight lakh workers and their families must deal with uncertainty as more MSME businesses close...
by DIGITAL MEDIA EXECUTIVE | Apr 12, 2023 | Garment
The Tiruppur Exporters’ Association proposed changes to the Tamil Nadu Textile Policy 2019 that included the establishment of a knitwear research institute in Tiruppur and a cargo terminal with international connection at the Coimbatore airport. K.M....
by DIGITAL MEDIA EXECUTIVE | Apr 11, 2023 | Business & Policy, Import/Export
As a long-term visionary document without a sunset clause, Foreign Trade Policy 2023 presents a wealth of prospects for advancing international trade financing (FFT). The FTP has set an ambitious export objective, with merchandise exports estimated to account for half...
by DIGITAL MEDIA EXECUTIVE | Apr 10, 2023 | Home decor
India’s number 1 mat brand is set to complete 40 years of market leadership in 2024, and it is now all gearing for an ambitious target of 200+cr. Mumbai, Date: Sapana Carpet-Mats, India’s leading brand for carpets, mats, and related products, is gearing up for its...
by DIGITAL MEDIA EXECUTIVE | Apr 5, 2023 | Market Reports
The According to a market research report, the “Thermoplastic Vulcanizates Market by Processing Method (Injection Molding, Extrusion), Application (Automotive, Footwear, Consumer Goods, Fluid Handling, Medical), and Region (North America, Europe, South America,...