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: Shahlon Silk adds marquee clients, expands reach
Shahlon Silk Industries, a leading fabric and manmade fibre company in India, is expanding its geographical reach to cater to more markets as the demand for textile products is showing excellent strength in both domestic and international markets.
Rajendra Agarwal, Managing Director, Donear Industries
Donear Industries, with over four decades in the textile industry, is one of the leading manufacturers of wide range of fabrics for the purposes of suiting and shirting in India. Rajendra Agarwal, Managing Director, Donear Industries in an interview deliberates about the new markets and avenues tapped due to COVID-19, expresses his views on the soon to be announced budget and the long term growth strategies for the company.
Why textile machinery prices could rise
Improving consumer confidence levels, pick up in discretionary spending and opening up of economies are assisting Indian textile companies to tide over the COVID 19 pandemic with continued rise in demand.
India to position itself as global MMF hub
India is working to be a global hub in the man-made fibre (MMF) and technical textiles segments, including setting up five integrated textiles parks, a testing lab and starting a Focused Product Scheme, according to textiles secretary Ravi Capoor.
Will the sun shine on India’s technical textile sector?
India’s technical textile industry, still in its nascent stage, is witnessing growing domestic as well as global demand. Can increasing disposable incomes, growing investment, and the government’s power boost turn this into a $5 trillion economy in the next few years?
Textiles Ministry to form a structure under PLI: Irani
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.