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Why automation matters for Indian textile industry?
Benefits of automation are clear and visible. However, capital intensive nature of the textile industry and lack of availability of funds are hampering adoption of automation in India. But Indian textile industry has no choice but to invest in modern technologies to stay relevant in the global textile value chain, says Rakesh Rao.
Vinod Kumar Gupta: Demand for knitwear is surging
In this interview, Vinod Kumar Gupta, MD, Dollar Industries Ltd, says that the work from home (WFH) norm and the prevailing pandemic are helping athleisure/comfort wear gain immense popularity.
Dollar Ind JV with Pepe Jeans Europe
Dollar Industries Limited has announced a Joint Venture with a leading international fashion brand Pepe Jeans Europe BV with a 50 – 50 stake of both the JV partners.
Apparel overall growth recovers
After a slowdown in Q3 post-demonetisation business the Clothing Manufacturers Association of India’s (CMAI) Q4 Apparel lndex (January-March FY2016-17) reveals that the apparel industry is slowly and surely making a recovery. The Q4 Index shows growth has improved mildly with overall index value moving up to 2.25, compared to 1.4 points in Q3.
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