Rising Supply Chain Issues Prompts Closer Sourcing
Labor shortages due to Covid outbreaks, higher freight costs and the uncertainty related to the reports of forced labour in China’s Xinjiang region is prompting...
Category : Trade
Textile Industry of Panipat in Crisis
The textile industry in Panipat is facing a dilemma to move out of the cluster after the recent decision by Air Quality Management Commission to...
ONE DISTRICT ONE PRODUCT (ODOP) Products Now on Amazon
Whether it is the beautiful Chikankari from Lucknow, Uttar Pradesh or the Sambalpuri Ikat from Sambalpur, Odisha, or the tasty coffee from Chikamagaluru, Karnataka, or...
Inflation to hit London Fashion Week
Textile prices, like many raw materials, are soaring on resurgent demand, and the rocketing cost of energy and transport, industry experts say. The price of...
Donear Industries Ltd reports 851.43% profit in Q3 FY 22
Donear industries Limited, announced its audited financial results for the year ended The Company reported an 851% increase in YTD profits. With an unprecedented previous financial...
Textile Companies Report Surge in Profits
Raymond Ltd on saw a jump in its net profit to Rs 101.07 crore for the third quarter ended in December 2021. The company had...
Sanathan Textiles files papers with SEBI to raise Rs 1300 cr via IPO
The Mumbai-based Yarn manufacturer Sanathan Textiles has filed draft red herring prospectus (DRHP) papers with Securities Exchanges Board of India (DRHP) to launch initial public...
ATUFS To Get Rectified: Will Work On Incentives To Machinery Manufacturers
The Union Budget proposes Rs. 650 crore allocation for ATUFS for 2022-23. The Union Textile Ministry has drafted a new Technology Upgradation Fund Scheme, which will...
Vardhaman Textiles third quarter PAT more tha doubles to Rs. 431 Crore
Ludhiana-based Vardhman Textiles on Saturday reported a consolidated profit-after-tax of Rs 431.51 for the third quarter ended December 2021. The group had reported a profit...
NAEC seeks government support in regularizing prices of Raw Material
Apparel industry is facing a severe problem of high cost of cotton yarn and fabrics. During the last couple of months the cotton prices have...