Industry

Lenzing Offers Locally Produced TENCEL™ Fibers To Chinese Customers For The First Time

April 25, 2023

The Lenzing Group, a world-leading provider of specialty fibers for the textile and nonwoven industries, has successfully completed the conversion of a production line from generic viscose to TENCEL™ branded modal fibers for textiles and clothing. Lenzing is therefore in a position to offer its

Industry

International Trade In Rupee Currency Soon: Piyush Goyal

April 22, 2023

Indian traders will soon be able to settle foreign trade in our very own rupee crurren as several bank from different countries are opening special Vostro accounts with Indian banks, said Commerce and Industry Minister Piyush Goyal. The Reserve Bank of India (RBI) has approved 60 requests to open Special Rupee Vostro Accounts (SRVAs) of […]

Industry

Autoliv To Open New Textile Operation In Vietnam

April 20, 2023

Autoliv, a worldwide leader in automotive safety systems, announced its plan to build a new state of the art airbag cushion and fabric plant in Vietnam, serving Asia. The investment in the new textile facility is in response to customer demands and is intended to meet expanded future airbag production needs for the growing Asia […]

Industry

Centre Approves 64 Applications Under PLI Scheme For Textiles

April 19, 2023

Government has approved the Production Linked Incentive (PLI) Scheme for Textiles on 08.09.2021 with an approved outlay of Rs.10,683 crore over a five year period to promote production of MMF Apparel, MMF Fabrics and Products of Technical Textiles in the country to enable textiles industry to achieve size and scale and to become competitive. Financial […]

Industry

Schoeller Textile Launches Recycled Textile Collection: Re-Source

April 15, 2023

Swiss textile manufacturer Schoeller Textile AG reveals its latest sustainable textile collection Re-Source. Swiss innovator in textiles and technologies, Schoeller Textile AG announced the launch of its new recycled textile collection Re-Source, creating a symbiosis of the highest quality, design, and current sustainability standards for consumers. Antonio Gatti Balsarri,