PLI SCHEME Attracts Big Textile Players, 67 Applications Received by MOT
The textile ministry has received applications from as many as 67 companies to avail benefits of the production linked incentive (PLI) scheme for man-made fibres...
Tag : investment
Jaipur Rugs plans international expansion, eyes Rs 1,000 crore revenue
Carpets and home textiles business Jaipur Rugs has opened a new store in Bengaluru and the business also aims to continue its international expansion and...
Fashion Company Locofast Gets Investment Worth USD 15mn
A supply chain platform for fashion and lifestyle companies, Locofast has raised $15 million co-led by Stellaris Venture Partners and Chiratae Ventures. Locofast, a supply...
Industry Appeals for Extension of Interest Subvention Scheme and Faster Reimbursements in Budget
The Union budget is on its way and the apparel exporters certainly have some serious concerns and requests. One of the top priorities for the...
KITEX TO SET UP ITS FACILITY IN TELANGANA WITH RS 1000 CR INITIAL INVESTMENT
After many round of discussions with Govt of Bangalore and Telengana the Kitex Group has finally decided to go ahead with an investment of Rs...
H&M PARTNERS WITH JAPANESE BRAND TOGA
H&M has announced collaboration with the Tokyo-based independent luxury label Toga. The collection will comprise reimaginings of Toga’s archival hits for men and women, given...
Bombay Rayon Fashion Limited Is Back In Action
BRFL Textiles Private Limited (BTPL), which houses the largest single-roof fabric processing unit in India, has completed a Rs. 2.4 billion equity infusion from a...
Aditya Birla Fashion Acquires 51% Stake in Sabyasachi
The Indian retail giant has acquired a 51% stake in the luxury fashion brand Sabyasachi, which produces apparel and accessories and has stores across India,...
NATIONAL TEXTILE POLICY TO BENEFIT INDUSTRY FEELS EXPERTS
Shares of textile companies were in focus at the bourse after National Textile Policy is ready to be considered for passage soon. According to a...
Puma Private Equity invests £3.5 million in menswear retailer Ron Dorff
Puma’s private equity division Puma Private Equity has invested £3.5 million in menswear retailer Ron Dorff in an effort to support its growth strategy. Puma...