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2014-07-30 12:30:00
WL Ross & Co seeking some opportunities to invest in Indian textile
After the Narendra Modi government laid out proposals in the recent budget to revive the sector. US-based WL Ross & Co, specializing in restructuring financially distressed companies globally, is
2014-07-24 09:15:00
Gadoon Textile to invest Rs.270mn to set up 600MW coal-based power project
The Gadoon Textile Mills Limited a listed company of the Younus Brother Group proposes to invest Rs270 million ($2.7m) in the Group venture Lucky Electric Power Company Limited (LEPCL) to set up
2014-07-21 22:00:00
Ruyi Group losing interest in the Quaid-e-Azam apparel park project
The Shandong Ruyi Group, a joint venture between Chinese and foreign investors headed by Qiu Yafu, is a hi-tech enterprise, who were planning to invest immensely in the Quaid-e-Azam Apparel Park,
2014-07-20 17:20:00
Brandix sign MoU with SLIC to promote innovation in Sri Lankan textile sector
Brandix, Sri Lanka’s largest textiles and garments exports holding company through Brandix’s Disrupt Unlimited start-up have entered into an agreement with Sri Lanka Inventors Commission
2014-07-03 17:30:00
SPINEXPO to showcase comprehensive and creative offering of yarns, fibres and knitwear
SPINEXPO USA, a very focused and unique International exhibition organized by independent textile specialist designed to showcase the most comprehensive and creative international offering of
2014-06-28 10:00:00
Zimbabwean textile Industry is slowly dwindling
Zimbabwean textile industry is slowly dwindling due to the prevailing economic crisis as well as the influx of cheap imports from the Far East. It has dropped to below 10% capacity, corresponding to
2014-04-11 09:00:00
Indorama Ventures takeover Turkish firm SASA affluent with technology and competency
Indorama Ventures PLC through its subsidiary Indorama Netherlands B.V. (IBV) from Hacı Ömer Sabancı Holding A.Ş. (Sabancı Holding) has finally under the financial advice of Standard
2014-03-20 09:00:00
Himatsingka focusing on design and technology for profitable growth
Himatsingka Seide, a family-owned business with Rs 2,500 crore (sales) a vertically integrated home-textile major with manufacturing operations in India and with global footprint, it have retails
2014-02-24 17:30:00
Itochu Asia decides to sell its Patspin stake
Itochu Textile Materials (Asia) Limited (Itochu Asia), a wholly owned subsidiary of Itochu Corporation, Japan, which was newly established in April 1998 for larger, deeper and quicker activity of the
2014-02-24 16:50:00
ATL finds survival arduous over unfair competition
The textile industry in Ghana is facing unfair competition presently from outsiders through the importation of cheap inferior textiles onto the Ghanaian market. Akosombo Textiles Ltd (ATL), textile
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