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...
Category : Trade
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...
Gokaldas Exports reports five-fold jump in profits
Bengaluru-based garment exporter Gokaldas Exports Limited on Friday reported a big increase in its consolidated profit after tax at Rs 30 crore for the December quarter...
𝐕𝐢𝐞𝐭𝐧𝐚𝐦’𝐬 𝐠𝐫𝐨𝐰𝐭𝐡 𝐬𝐥𝐢𝐝𝐞𝐬 𝐭𝐨 𝐧𝐞𝐰 𝟑𝟎-𝐲𝐞𝐚𝐫 𝐥𝐨𝐰
Vietnam reported economic growth for 2021 of just 2.58 percent on Wednesday, beating a 30-year low set last year as the pandemic continues to take...
GHCL Ltd Sells Its Home Textile Business to Indo Count Industries
GHCL Limited enters into a Business Transfer Agreement for divestment of its Home Textiles business to Indo Count Industries Limited. Having presence in chemicals, textiles...
SHORTAGE OF CONTAINERS AT EASTERN PORTS LEADS TO CRISIS FOR EXPORTERS
A Task Force has been constituted by the Ministry of Ports, Shipping and Waterways (MoPSW) under the chairmanship of Additional Secretary(PSW) to monitor evolving situation...
Consumer Traffic Declines As Omicron Cases Surge In UK
The traffic at High street and shopping centers is declining ahead of the biggest shopping weekend of the calendar. Central London footfall dropped 20% on...
Fuel Price Hike to Affect Exports in Bangladesh
The recent fuel price hike in Bangladesh will push up the overall cost of doing business, thereby affecting the competitiveness of the domestic textile and...
Consumers plan to spend $997.73 on gifts, holiday items and other non-gift purchases
According to the annual survey released by the National Retail Federation and Prosper Insights & Analytics despite the continued supply chain disruption, Consumers plan to...