Kitex Garments Ltd Records Fivefold Surge in Q4 Net Profit
In Q4, ending on March 31st, Kitex Garments Ltd saw a remarkable 500% surge in net profit, reaching Rs. 20 crore compared to Rs. 3...
Tag : manufacturing
Shahi Exports Shimoga Unit to Manufacture 1000 tonnes
Enters Into JV with a Taiwanese Company Shahi Exports, India’s largest apparel manufacturer and exporter, announced a joint venture with Little King Global, one of...
Lululemon Launches Groundbreaking Enzymatically Recycled Polyester Item
Lululemon is set to debut its inaugural product crafted from enzymatically recycled polyester. The exclusive Packable Anorak marks a significant stride in the brand’s collaboration...
Seven new apparel, garment units in Khurda cluster in Odisha soon
CMD of Meenu Creations LLP Anil Peshawari, who represented the group of seven Noida based companies, emphasised the cluster’s commitment to growth and development. In...
ITMA ASIA + CITME Show Owners Extend Collaboration to Launch Joint Exhibition in Singapore
The organizers of ITMA ASIA + CITME have expanded their partnership to coordinate the joint textile machinery exhibition in another Asian location. Since its inception...
700% Increase in Freight Rates
Red Sea Crisis Turning Out to be a Big Nightmare Amidst soaring tensions and geopolitical strife, global exporters find themselves navigating treacherous waters as freight...
India’s cotton yarn exports to surge by 85% to 90% in FY2024: ICRA
ICRA predicts a 12-14% annual increase in demand for the domestic cotton spinning industry in FY2024, with yarn exports likely to increase by a sharp...
Arvind Ltd and Gap Inc. Launches the Global Water Innovation Centre for Action (GWICA)
To tackle water challenges faced by the global textile and apparel industry, Arvind Ltd launched world’s first open-source innovation centre for water sustainability in apparel...
PDS Limited expands manufacturing footprint in Sri Lanka
PDS Limited’s subsidiary Norlanka Manufacturing Limited is acquiring a 26% stake in Sri Lanka-based children’s wear manufacturer Nobleswear Private Limited. The business aims to solidify...
Investments In Textile Sector Announced, Is the Industry on Revival Mode?
A lot of textile and apparel companies have come forward with expansion plans in the sector with a good number of investments. The latest being...