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Karena Cancilleri, Vice President of Engineered Products, Beaulieu International Group, says that, “Carpet tufters are requesting more environmentally-compatible yarns to support their overall commitment to greater sustainability and more efficient resource use.

India’s leading agri-biotech company Maharashtra Hybrid Seeds Company, acquired a controlling stake in Quton in 2014 from Seed Co in a transaction worth $10 million and the acquisition gave the Indian firm a platform to introduce hybrid seeds to Africa. The African market is expected to make Quton strong and Mahyco’s positioning in the global cotton market.

Tirupur: Even though welcoming the Centre’s decision to continue with providing incentive at the increased rate under Merchandise Exports from Indian Scheme (MEIS) beyond June 30, knitwear industrialists urged the government to look into other schemes which had decreased returns due to lowering of rates.

Surat: Implementation of the Goods and Services Tax (GST) and concurrent impact of recession have not only hit the power loom sector hard, but even the textile processing sector is feeling the pinch.

Exhibitions related to the defence sector held in Chennai and Coimbatore in the recent months seem to have triggered interest among the industries here on opportunities in the sector.

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