Textile company Raymond’s profit jumps 30%
Textiles and apparel conglomerate Raymond Limited witnessed a 30 percent rise in net profit at Rs. 40 crore for the third quarter ended December 2018...
Category : News
More and more garment factories in Myanmar exporting to EU
The number of readymade garment (RMG) factories in Myanmar that export products to the European Union (EU) has increased by 180 within five years from...
Birla Cellulose introduces sustainable fabric Livaeco
Birla Cellulose, a part of Aditya Birla Group’s Grasim Industries, has launched a new eco enhanced variant of Liva fabric, Livaeco. Whilst Liva itself is...
Reliance now gears up to disturb the e-commerce world
After creating havoc in the telecommunications sector with an eye to enter the DTG world, India conglomerate Reliance Industries is gearing up to enter the...
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...
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...