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Textile Secretary advises to diversify into polyester
CITI organised an interactive meeting with Ravi Capoor, Secretary, Ministry of Textiles, Government of India with the office-bearers of 48 textile Associations in South India representing the entire textile value chain.
GHCL announces demerger of textiles biz
GHCL, India’s leading Chemical & Textile Company, post its board meeting today, announced an Interim Dividend of Rs 3 per equity share for the financial year 2019-20.The record date for the purpose of Interim Dividend is fixed on March 26, 2020.
Woolmark unveils Knit Karl Box
Honouring the legacy of Karl Lagerfeld, The Woolmark Company has unveiled Knit Karl Box, a limited edition knitting kit.
Indian firms eyeing Africa for apparel manufacturing
Abundant young talent, simple trade agreements, income tax breaks, cheap labour and power, friendly tax laws, strategic geographical position and the announcement of African Continental free trade area (AfCFTA) makes Africa the preferable destination for apparel manufacturing industry.
UP to sign agreement to supply textile to Raymond
The Uttar Pradesh Government is likely to sign an agreement with textile major Raymonds to supply indigenous fabric for modern retail. The UP Khadi Board has already provided fabric samples to Raymonds, which is expected to procure 2,00,000 metres of UP Khadi annually.
CCI launches HIRA – SIMA hails
Ashwin Chadran of SIMA has stated that the Ministry is also planning to launch a scheme “Nirmal Cotton Mission” with CCI as a nodal agent that would go a long way to make Indian cotton to become the best quality cotton in the world.
16th anniversary of ‘Stuttgart meets Mumbai’ festival
LAPP Group, a leading supplier of integrated solutions for cable and connection technology, celebrated the 16th anniversary of the ‘Stuttgart meets Mumbai’ Wine Festival at Taj Land’s End Hotel, Mumbai on February 7-8, 2020.
Vietnam textile firms to source from India
Pham Xuan Hong, president of Ho Chi Minh City’s textile association, recently urged Vietnam’s textile industry to source raw materials from Malaysia and India while the Coronavirus storm gets over in China.