Home / Knowledge / News / Textiles / Mazandaran textile unit to reopen with Turkish help
Mazandaran textile unit to reopen with Turkish help
21
Jul '11
The government of Mazandaran province in Iran will make use of foreign investment to revitalize the textile units based in Behshahr.

After a scrutiny, the government has accepted a Turkish company's proposal for reviving the Mazandaran's textile industry.

The Turkish company has already procured the necessary machinery from outside the country and is in the process of installing the same.

A new structure is being erected over an area of 120,000 square meters, and construction on 80,000 square metres has already been completed.

Further, nearly 65 percent of the stakes of a textile unit, which were owned by Bank Melli, have been conceded to the Turkish investor.

In addition, the government has extended Forex facilities to the Turkish firm to help it carry out its operations smoothly.

Owing to all these factors, the Mazandaran textile unit is already in the final phase of resuming its operations with a new outlook.

Meanwhile, the government has extended the deadline for resuming operations at Mazandarn textile units to March 2012.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: UPM Raflatac

Apparel/Garments | On 17th Jan 2017

New residue free textile label adhesive from UPM Raflatac

Producer of self adhesive label materials UPM Raflatac, has...

Courtesy: Authentic Brands Group

Apparel/Garments | On 17th Jan 2017

Teen retailer Aéropostale reopens 500 stores in US

Teen apparel retailer Aéropostale has reopened 500 stores in the US,...

Courtesy: Centric Software

Information Technology | On 17th Jan 2017

Centric releases version 6.0 of PLM solution

Centric Software, the leading PLM solution for fashion, retail,...

Interviews View All

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search