The investment in the Bangladesh spinning and weaving industry has slowed down because of gas shortage and for volatile dollar markets over the last two years. Many of the spinning mills have been running their production at 50 percent capacity because of the gas crisis in the industrial
Long-standing Monforts customer Pincroft has benefited from a complete modernisation of the Thermex continuous dyeing, condensing and thermosoling range at its dyehouse in Lancashire, England. Pincroft which has dyeing, printing and finishing facilities is well known for its advanced camouflage ranges for the military. First installed in 2007, the line has been upgraded to
The Karl Mayer Group will be presenting itself at ITM 2024 exhibition under the motto of ‘Master the Change’ in Hall 3, Stand A-303. The German company will be presenting selected solutions to support customers in a market that is as important as it is difficult with a focus on flexibility and speed. The solutions […]
The Mexican President has signed a decree to impose temporary import tariffs of 5 to 50 percent on 544 commodities which includes textiles, apparels, footwear, wood, plastics, steel, aluminum, etc. According to the decree, textiles, apparels, footwear and other products will be subject to a temporary import tariff of 35 percent and will be valid […]
Rieter is presenting a range of compelling solutions at ITM 2024 designed to automate, digitise and optimise operations, so that mill owners can successfully expand their competitive advantage. “Rieter’s digital spinning suite Essential plays a key role in helping mills realise their full potential,” Rieter said in a press release. “Each week in spinning mills […]
Sri Lanka’s apparel exports stood at US $418.33 million in March 2024, an increase of 7.72 percent over the same month of previous year. March’s performance represents the highest monthly export earnings since reaching $442.6 million in December 2022 and the highest level so far in 2024. Exports to the US declined by 2.81 percent […]
Indo Count Industries Ltd (ICIL) has inaugurated its solar power generation unit, taking a step towards sustainable operations and environmental stewardship. ICIL’s solar power generation unit located in Banaskantha district of Gujarat has an installed capacity of 9.3 MW and the unit is dedicated for captive consumption at its Bhilad also in Gujarat unit. By […]
Knitwear manufacturers from Tiruppur and engineering industry in Coimbatore are collaborating to boost domestic production of machinery spares crucial for the Tiruppur knitwear industry. The initiative, spearheaded by the Tiruppur Exporters’ Association (TEA), aims to reduce dependency on imported spares and promote cost savings for knitwear units. TEA has initiated a
The Federation of Indian Export Organisations (FIEO) has urged the government to extend the interest equalisation scheme (IES) that is set to expire on June 30. In a statement, the exporter’s body said that the extension is required to offer a lifeline to small exporters grappling with high interest rates and faltering exports. “The scheme […]
The first quarter of 2024 has seen the orders index for the Italian textile machinery sector remain stationary compared to the same period the previous year. “In absolute terms, the index came in at 61.2 points (basis: 2021=100),” the Association of Italian Textile Machinery Manufacturers (ACIMIT) reported. This result is due to entirely different trends […]






















