Exemptions for Development to MSMEs
Shri Nitin Gadkari, Union Minister for Micro, Small and Medium Enterprises in written reply to a question in Rajya Sabha stated that Under Goods and...
Month : November 2019
Future Retail Q2 net profit down 7 percent at Rs 165 crore
The net profit of the Kishore Biyani led Future Retail Ltd declined 7 percent to Rs 165 crore ($23 million) for the second quarter ended...
Textile units want Rs. 2 per unit power incentive
Madhya Pradesh Textile Mills Association has demanded power at Rs. 2 per unit incentive to existing textile units to aid them operate and compete in...
Evolution Of SportswearDrives the Sales
The reports by NPD group till June 2019 claim that the non-active casual wear has represented $103 billion which is more than half of the...
Uniqlo Expanding with second store in New Delhi
Uniqlo, the Japanese global apparel retailer, is geared up to strengthen its retail presence in the Indian market with the opening of its second store...
Tommy Hilfiger Takes Step Ahead with fully digital design
Tommy Hilfiger has announced that it will incorporate 3D design technology into all of its global apparel design teams at its headquarters in Amsterdam, marking...
Trent’s Q2 net profit down to Rs.17 crore
Trent Ltd by Tata Group saw its net profit for the second quarter ending by September 2019 dropping to Rs 17 crore ($3.4 million) as...
Raymond to demerge lifestyle business
Textile and apparel brad Raymond is restructuring the brand by demerging its lifestyle business into a separate entity. The lifestyle entity will be listed through...
Poor demand shuts 20 textile mills around Surat
Fall in demand and decline in production rate is severely affecting textile dyeing and processing mills around Surat. Around 20 of the nearly 350 mills...
Surat power loom weavers oppose duty on polyester yarn
Surat power loom weavers have opposed yarn spinners’ demand for raising anti-dumping duty from 5 per cent to 10 per cent on polyester yarn imported...