Around 683.8 million drams worth of output will be sold in Armenia, while another part valued at 833.6 million drams will be exported to Russia, and 2.5 million drams to Italy, an Armenian news agency reported.
Owing to the expansion plan, the Armenian government has exempted Alex Textile from payment of customs duties.
Alex Textile is also planning to venture into production of home textiles with an investment of €10 million in setting up a factory on 20,000 sq metres of area. (RKS)
Fibre2Fashion News Desk – India
| On 22nd Apr 2021
The international NGO Environmental Coalition on Standards (ECOS) has ...
| On 22nd Apr 2021
Italian luxury goods company Salvatore Ferragamo has launched...
Canada-based Lululemon Athletica has announced 2 new initiatives that ...
Increased need for online fitting solutions as retailers shift to...
One thing is certain, online sales will go up
Value of 'Made in India' should get more importance
Rajesh Vig & Ritu Vig
Vig and Ritu Vig, promoters of the kidswear brand Happy Feet,...
The JD Institute of Fashion Technology is the educational division of JD...
Established in 2018, Forsarees is a socially driven business enterprise,...
Michaela Griggs & Peggy Schulz
Founded in 1929, Barco Uniforms started as an apparel company for beauty...
UK-based Pireta has developed a unique free-form process to add durable,...
Hula Global, a leading isolation gown manufacturer in India, has been...
Megha Kumari & Jigar Mali
Label Megha & Jigar
New Delhi based label Megha & Jigar blends India's unique handcrafts...
The creations by Aprajita Toor were born out of a deep desire to create...
Label Sneha Arora
Sneha Arora, an alumnus of National Institute of Fashion Technology,...
Letter to Editor
Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.
Subscribe today and get the latest information on Textiles, Fashion, Apparel.
Download Free Report
Rising Opportunities in Technical Textiles Market: 2020-2026
Thank you for showing interest in our free report on 'Rising Opportunities in Technical Textiles Market: 2020-2026'
You will receive an email shortly with a link to download the report and in case if you don't receive our email, you can write back to email@example.com.