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Shanghai - While China is on course to surpass the US as the world’s biggest clothing market this year, the future of the country’s fashion industry is still uncertain.

Austrian fiber firm Lenzing and Belgian chemical group Solvay have partnered up to launch a new sustainable fabric combining Tencel’s lyocell fibers and Amni Soul Eco, a biodegradable polyamide.

Accord on Fire and Building Safety in Bangladesh, a platform of European buyers and brands, has claimed that more than fifty per cent of readymade garment factories inspected by the initiative still lacked adequate fire detection and alarm system.

Mumbai: The Reserve Bank of India’s newly constituted committee for MSME development has called for public suggestions on a list of seven underlying issues faced by the sector ranging from definition of MSME to infrastructural gaps and even the credit rating mechanisms in the industry. 

An RBI-appointed panel Monday sought suggestions from the public on long-term solutions for economic and financial sustainability of MSME sector, including ways to improve credit rating mechanism to help them raise funds at competitive rates.

TIRUPUR: AIC-NIFTTEA Incubation Centre for Textiles and Apparels has signed a memorandum of understanding with ICAR-Central Institute for Research on Cotton Technology (CIRCOT) to promote ‘Salt free dyeing technology’ at its regional office in Coimbatore in Tamil Nadu.

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