Courtesy: Ikea Swedish furniture company Ikea is planning to hire 10,000 workers in Maharashtra, half directly and the rest indirectly, over the next two to three years, according to its people and culture manager for India Anna-Carin Mansson. After its first store in Hyderabad that opened in August, the company will open its next store in Navi Mumbai next year, she said. A thousand workers will be directly hired by mid-next year and 1,500 indirectly for services, she told a news agency rec

Courtesy: JD JD.com has launched a joint research lab for blockchain technologies with the Ying Wu College of Computing at the New Jersey Institute of Technology (NJIT) and the Institute of Software at the Chinese Academy of Sciences (ISCAS). JD.com is China’s leading ecommerce firm that provides cutting-edge retail infrastructure for its consumers to buy its products. The joint lab, which was announced at a launch event in Beijing, will focus on solving efficiency and stability challenges

Invista’s site in Orange, TX, has set a 12-month production record for adiponitrile (ADN), a key ingredient for nylon 6,6 plastics and fibres. “Since deployment of our most advanced ADN technology at the Orange site in 2014, the facility has consistently set production volume records,” commented Bill Greenfield, President, Invista Intermediates. “In today’s market, every pound is really important to our customers and the industry. I’m proud the team has continued this production trend through

Cotton exports from West Africa (WA) for 2018-19 are projected to surpass last year’s record, driven by record production, according to the US Department of Agriculture (USDA). Record cotton production to drive West African exportsFigure 1: Record cotton production to drive WA exports.WA comprises 12 cotton-producing countries, namely Benin, Burkina Faso, Cameroon, Central African Republic, Chad, Côte d’Ivoire, Ghana, Mali, Niger, Nigeria, Senegal, and Togo. Of the 12 nations, Mali and Burkina

A balanced diet and sufficient exercise are naturally part of a healthy lifestyle. However, one of the most important building blocks for permanent physical and psychological well-being is constantly neglected: restful sleep. At the upcoming Heimtextil, in January, it will be a particular focus for the first time. The international trade fair for home and contract textiles in Frankfurt will thus guarantee a comprehensive insight into the Future of Sleep. According to a Forsa study carried out

Thanks to a $28 million gift from alumnus Frederick “Fred” Eugene Wilson Jr. and his family, North Carolina State University’s College of Textiles henceforth will be known as the Wilson College of Textiles. A world leader in textile research, the Wilson College of Textiles is the only standalone textile college in the United States. “Thank you so very much to the Wilson family. This gift is significant for the U.S. textile industry,” said National Council of Textile Organizations (NCTO) Chair

Standard Textile Co., Inc., a leader in hospitality and healthcare textile markets, announced yesterday it has reached an agreement to acquire the global hospitality business of Mascioni SPA, Italy, including the Mascioni Hotel Collection brand. The Mascioni Hotel Collection brand markets bed, bath, table and spa products to luxury hotel properties worldwide. The acquisition of the Mascioni global hospitality business advances Standard Textile's strategy of expanding its leadership position i

Courtesy: Alex Andrews from Pexels The recent package announced by Prime Minister Narendra Modi for the MSME sector has been welcomed by the garment industry. Over 75 per cent of the garment industry in India is in the MSME sector and the 12 announcements covered in the package would benefit most units in the industry, The Clothing Manufacturers’ Association of India (CMAI) has said. Terming the Package as “Growth oriented and visionary”, CMAI president thanked Modi and Union textiles minist

Courtesy: ITMA Asia ITMA Asia + CITME 2018, the region’s leading textile machinery exhibition, ended successfully after five days of exciting product demonstrations and business networking. The sixth combined exhibition, held from October 15-19 in Shanghai, was visited by over 100,000 from 116 countries and regions. Domestic visitors were up 10 per cent compared to 2016 show. About 20 per cent of the visitors came from outside of China. Of the overseas participants, Indian visitors topped th

Cotton prices dropped in Brazil in October. From September 28 to October 31, the Center for Advanced Studies on Applied Economics (CEPEA)/ESALQ cotton Index, with payment in 8 days, dropped 7.67 per cent, closing at 2.9510 BRL per pound on October 31. The monthly average price, at 3.0750 BRL per pound, was 3.5 per cent lower than in September 2018. During the month, trading pace was slow in the Brazilian spot market and most deals involved small amounts. Purchasers did not seem very interested