ANDRITZ has received an order from Predo Health Products Inc, Türkiye, for delivery of two high-speed hygiene converting lines to produce adult open diapers and feminine sanitary napkins. With this investment, Predo is entering the growing adult and femcare market. The company already operates
Indian government had 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. […]
The Ministry of Textiles had organised an exhibition of handloom and handicraft at Somnath and Dwarka, showcasing the exquisite range of handloom and handicraft from the States of Tamil Nadu and Gujarat. The Ministry also organized a Chintan Shivir with Textile Industry stakeholders on 21-22 April 2023 at Rajkot, to discuss and deliberate upon various […]
In the fiscal year 2022-23, India’s economy is expected to grow at 7 per cent while retail inflation would moderate despite global headwinds, said the Finance Ministry on Monday. It would be in line with wholesale inflation which fell to a 25-month low in January. India’s current account deficit is estimated to fall in FY23 […]
Since 1 April 2023, sales and service of Mayer & Cie. circular knitting machines in Bangladesh have been under new management. A new dynamic team “Mayer Bangladesh” has been formed. Mayer & Cie.’s longstanding Indian representative Batliboi has joined business activities in Bangladesh since the beginning of the month, supported by the team of Brady Services and
South Korea’s economy grow in the first three months of this year, avoiding the country’s first technical recession since 2020. GDP increased 0.3% from the previous quarter in the January-March period, following a 0.4% contraction in the fourth quarter of last year. The average expectation from 16 economists polled by Reuters was for 0.2% quarterly […]
Swedish luxury bedding company Hästens has partnered with MadaLuxe Group to open 20 new Hästens stores across the United States in the next five to seven years With the first two stores’ leases already signed and slated to open this year, Hästens is making steps into opening more U.S. brick-and-mortar retail storefronts. The first of […]
Ministers and high-level representatives from India and the European Free Trade Association (EFTA) States (Iceland, Liechtenstein, Norway, and Switzerland) gathered in New Delhi on 26th April, 2023, to discuss the prospects of resuming their negotiations towards a Trade and Economic Partnership Agreement (TEPA). Shri Piyush Goyal, Minister of Commerce & Industry,
India improves in the logistics ranking of the World Bank by jumping 6 places to Rank 38 out of 139 countries in the 7th edition of Logistics Performance Index (LPI 2023). India has been taking numerous initiatives since 2015 under the visionary leadership of the Prime Minister Narendra Modi to improve its logistics efficiency. The […]
On the occasion of Earth Day, Azorte, Reliance Retail’s premium large format fashion and lifestyle store, announced an exclusive initiative, “Threads for Good—from waste to deserving waist” to maximize the power of clothing and ensure clothes are delivered to those who need them the most, with an attempt to reduce pollution. Through this initiative, Azorte […]





















