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GHCL net revenue falls 50% in Q1FY21
GHCL Limited, India’s leading chemical and textile company, announced its financial results for Q1FY21. Commenting on the financial performance, RS Jalan, Managing Director, GHCL, said, “As the global COVID crises evolves even further, we are now witnessing a wider impact on economies across the world.
Australian Merino sheep wool gets local in Tehri
Uttarakhand would now spin out the high quality Australian sheep wool in the hills and cater to the country’s textile industry that rely on the global market for the sheep wool.
Liva releases consumer study on fashion industry
Liva, an ingredient fabric brand from the house of Aditya Birla Group, has conducted a consumer study in association with MRM, the digital arm of Mccann World Group and released a research report titled “A Brave New World”.
Dollar announces Q1 FY21 results
Dollar Industries, one of the leading garment and hosiery companies in the country, has announced its financial results for the quarter ended June 30, 2020.
Poised for recovery?
Global textile machinery market is witnessing tremendous growth buoyed by growing demand of textile and apparel market.
Govt to offer incentives to man-made textiles
The government will roll out a production-linked incentive (PLI) scheme for the labour-intensive textiles and garment sector and correct its historical policy bias towards a cotton-dominated value chain, as it plans a renewed bid to reclaim India’s export markets after ceding a substantial ground to Bangladesh and Vietnam in recent years.