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The Industrialisation and Enterprise Development ministry’s plans to set up a textile city and an industrial park got a boost last week following reports that firms from China, Turkey and Brazil are set to roll out investments in the cotton industry. 

Ricoh, a provider of document management solutions, IT services, commercial and industrial printing, digital cameras, and industrial systems, is showing the compact, affordable Direct to Garment (DTG) printer, RICOH Ri 100, at CES expo, a show for the business of consumer technologies, which is being held from January 9 to 12, 2018, in US, in booth 42964. 

Textile stocks found immense impetus on the bourses in the intraday trade on Tuesday. The heavyweights of the industry including Raymonds, Arvind, Welspun India, Vardhman Textiles and Bombay Rayon Fashions charted steep hike on the bourses during the day. 

Mundotextil, a Portuguese home textiles manufacturer gifted with state-of-the-art production and is a world reference in design, innovation, quality and for fitting into the market trends has launched a range of towels made from cotton, claims uses a fraction of the water and energy comparative to the industry norm.

Kemin Industries to diversify into the textile sector has acquired Garmon Chemicals, supplier of textile chemicals and auxiliaries. Garmon claims to have been the first textile chemical producer to be Greenscreen certified and has made its name predominantly in the denim treatment sector through the development of, amongst others, a safer system of denim bleaching which was launched in 2015.

To promote apparel cluster and boost exports, Ludhiana-based apparel industry will seek the Centre’s assistance in setting up a Common Facility Centre (CFC). The facility will have state-of-the-art machinery such as a design studio, quality control facility etc., which member units cannot afford to acquire individually. The proposed CFC would be promoted through a special purpose vehicle.