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Sangam India invests Rs 137 cr to expand capacity
December 2021
The expansion program will result in the installation of 32832 spindles and 6 knitting machines for the manufacturing of cotton yarn and knitted fabric at Bhilwara (Rajasthan) facility.
Tirupur exporters want extension of interest subvention
December 2021
The Tirupur Exporters Association (TEA) has urged Union finance minister Nirmala Sitharaman to extend the interest subvention scheme for post and pre-shipment export credit.
Indian textile Inc invites UAE, other nations to invest
December 2021
Indian textile leaders have rolled out the red carpet to investors from the UAE and other parts of the world, urging them to become part of the country's textile success story.
India and Bangladesh to deepen trade, economic ties
December 2021
The India-Bangladesh CEO Forum will meet soon for the first time, even as the two countries work towards finalising a Comprehensive Economic Partnership Agreement (CEPA).
Industrialists Oppose GST Hike on Cotton Fabrics
December 2021
Industrialists and traders, especially those dealing with textile industry, have expressed shock over the government’s decision to hike GST on cotton fabrics from 5 per cent to 12 per cent from January 1, 2022.
Odisha to attract investments in several sectors
December 2021
The Odisha government has decided to go beyond mineral-based industries and attract investments in industries such as automobile manufacturing, textiles & apparels, green energy and electronics & telecommunication equipment manufacturing.
Ahmedabad firm moves court over tussle with AMC
December 2021
Textile major Ashima Ltd has approached the Gujarat high court after the Ahmedabad Municipal Corporation (AMC) snapped its drainage connection in Khokhra.
Bread fungus used to develop textile alternative
December 2021
Food waste and pollution from fashion consumption has led researchers led by a team based in Sweden to develop a textile alternative with “leather-like” properties from fungus (mould) grown on bread waste.
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