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Collaboration can scale up textile recycling
Post COP26, Global Fashion Agenda (GFA), the leading non-profit for industry collaboration on sustainable fashion published the Scaling Circularity report, that reveals the requirements to scale circular fashion systems.
Reliance Buys 52% Stake in Ritu Kumar
Reliance Retail Ventures Limited (RRVL) has acquired 52% stake in Ritika Pvt Ltd that owns- Ritu Kumar, Label Ritu Kumar, RI Ritu Kumar, Aarké, and Ritu Kumar Home and Living, which is India's oldest fashion house.
Need to invest more in textile machinery manufacturing
India is only second after China when it comes to manufacturing and export of textile globally. The country now needs to work towards self-reliance by building indigenous textile machinery and technology, says Vibhav Jain.
Zalando invests in Infinited Fiber
Zalando, Europe’s leading online platform for fashion and lifestyle, invested in the circular fashion and textile technology group Infinited Fiber Company (IFC).
Sustainability & digitalization: The key business imperatives
The two mega trends of climate change and digitalization - collectively termed the ‘Third Wave’ - will have a profound impact on the textile value chain. Navdeep Singh Sodhi in this article offers a policy perspective to foster new business models.
PLI scheme for textiles: A correct remedy at the right time
The Government of India’s approval for the Rs 10,683 crore Production Linked Incentive (PLI) scheme is expected to provide a shot in the arm for manmade fibre (MMF) and technical textiles sectors. Now the onus is on the industry to rise to the occasion, says Rakesh Rao.
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