India’s Aditya Birla Group to invest Rs. 7.5K Cr to expand textile business
India-based Aditya Birla Group will invest Rs. 7,500 to amplify its textile business in Gujarat. The plan is to set up new units to boost...
Category : News
Indian textile firm Arvind to introduce sustainable dyeing technology
Textile major Arvind Ltd. is reportedlyin talks with Dutch firm DyeCoo to introduce their CO2-dyeing technology at its manufacturing plants across India. If the talks...
This Indian apparel brand surpasses Rs. 100 Cr in revenue
India’s online apparel retailer AKS Clothings has witnessed revenue of more than Rs. 100 crore in the third quarter of fiscal year 2018-19. “It’s a...
Home textile company Trident records massive profit surge
Indian textiles manufacturer Trident Ltd. has witnessed a 53 percent rise in its net profit to Rs. 112 crore for the quarter ended December 2018...
M&S records dip in apparel and home sales
Fashion and home retailer based in the United Kingdom, M&S has released its trading update titled ‘Steady performance in difficult markets and transformation plan on...
Textile industry on path of recovery
The stressed advance ratio of the textile sub-sector has been improving continuously. As per Reserve Bank of India (RBI)’s financial stability report, the ratio has...
VAT exemption to benefit textile industry
The Ghana Government’s decision to zero-rate Value-Added Tax (VAT) on the supply of locally manufactured textiles for three years is a boost to the industry....
This country is eyeing USD 29 Bn in garment exports
As per Turkish Exporters Assembly (TİM) data, textile and ready to wear garment sector’s exports increased by 3.8 percent in 2018 to US $ 26.1...
Garment workers’ protest in Bangladesh gets violent
As per media reports, Bangladeshi police fired rubber bullets and used tear gas as thousands of striking workers in the garment manufacturing hub staged protests...
India’s garment exports to soar post FTAs with EU, Australia, Canada, Britain
India’s apex trade body, Confederation of Indian Textile Industry (CITI) has said that free trade agreements with the European Union, Australia, Canada and Britain will...