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Invista has invested more than US$ 600 million in China to support the nylon market, including a 215,000-ton hexamethylenediamine (HMD) plant and the plant at the Shanghai Chemical Industry Park (SCIP), over the past five years.

Teijin Frontier will begin selling the new Solotex material within the current fiscal year, targeting annual sales of 100,000 metres by the fiscal year ending in March 2020.

Export of Ready Made Garments (RMG) continued its southward journey, recording a drop of 12.12 per cent to $6.61 billion from $7.522 billion from April to August in the corresponding time period last year due to the impact of the GST and the reduction in duty drawback.

Indore : Pawan Sharma, commissioner, State Goods and Service Tax (SGST) department, has said that teething problems of GST are over. It is a system-driven tax regime, which is free from human intervention.

MUMBAI, SEPTEMBER 16, Welspun Group — the $2.7- billion conglomerate with interest in home textiles, line pipe manufacturing and infrastructure — is banking on its recent innovation, Hygrocotton, to drive growth in textiles.

India and China were of similar size in the 80s. But China is now almost five times bigger than us. In just three decades, China has outperformed us by five times.

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