The National Textile Policy is expected to target investments worth Rs 10,000 crore and exports of $100 billion. Sivaramakrishnan Ganapathi, MD, Gokaldas Exports and P Sundararajan, CMD, SP Apparels giving insights to the policy said it is set to boost the Indian textile industry.
Year: 2020
Aditya Birla Fashion and Retail Limited (ABFRL) is positioned as Asia’s `Most Sustainable Company’ and globally ranked 8th in the textiles, apparel and luxury goods industry.
The Polyester, Textile and Apparel (PTA) users industry wished the government to consider single GST for the complete textile industry.
More than £2 million investment has now been secured for innovation in the fashion and textile industry over Future Fashion Factory’s first three funding calls.
The Lenzing Group was recently awarded the coveted “State Prize for Innovationâ€Â. Lenzing emerged as the winner with its project Lenzing Web Technology and thus received the highest recognition for particularly innovative achievements in Austria.
The Textiles Ministry is bringing to form a structure under which the Production Linked Incentive (PLI) Scheme for technical textiles and manmade fibre (MMF) segment will roll out, Union Cabinet Minister, Smriti Irani said at an ASSOCHAM Foundation Week Programme recently.
The export of apparels from Myanmar have declined by 50 per cent in two months because of drop in demand from the European market the ministry of commerce stated in a news report.