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Teejay Lanka adopts strategies to secure yarns at a better price
November 2021
Bill Lam, Chairman, Teejay Lanka, said that the Group is approaching suppliers to secure yarns and negotiations are in progress with customers to manage a better price margin for both.
Textile industry unhappy over higher GST rates
November 2021
The Centre's notification of higher GST rates for several textile and apparel items from January 2022, has come as a blow to micro, small and medium-scale textile and clothing units.
Textile Mill Owners Show Interest in Solar Net Metering
November 2021
Textile mill owners in the country are getting increasingly interested in the net-metered rooftop solar system as gas-based electricity is getting pricier day by day.
Versarien and Superdry tie up to produce smart garments
November 2021
Versarien, the advanced engineering materials group, announced the public launch of the company’s commercial collaboration agreement with DKH Retail, the worldwide wholesale distribution subsidiary of Superdry.
Oster India launches winter collection
November 2021
Oster India Private Limited has just announced the launch of its new range of knitwear, certified as Warmos EverNu, for the upcoming winter season.
Maharashtra spinning mills want power rebate extension
November 2021
Maharashtra State Cooperative Textile Federation (MSCTF), with the representatives of cooperative spinning mills, met the Maharashtra state textiles commissioner in Nagpur for a further extension on the power rebate.
India Size: The Swadeshi Size Chart for Garments
November 2021
India is poised to come out with its own size chart – INDIA SIZE that will usher in a drastic change in the Indian Garment industry.
Factory shutdown in Vietnam to impact textile retailers
November 2021
The impact of prolonged factory shutdowns in Vietnam is likely going to be worse than many apparel and footwear retailers have planned for, lasting well into 2022, according to analysts at BofA Securities.
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