Search Result For
Result(s) found: 41
Indian home textile exporters to clock 20% growth: ICRA
The recent pandemic has bought many lifestyle changes that include people getting conscious about their hygiene and they prefer the stay-at-home option more; thus, leading to growth in demand for home textiles.
Welspun to invest Rs 6 bn for expansion
According to the annual report of Welspun India for 2020-21, the company has set aside Rs 6 billion in the ongoing fiscal for completing expansion projects across its three business verticals.
Welspun net profit rises due to sales growth
Welspun India Ltd has reported a rise in the consolidated net profit in Q1 due to strong sales. The consolidated net profit in the quarter ended June 30 is Rs 2.22 billion.
SIMA requests withdrawal of import duty on cotton
According to the Southern India Mills’ Association (SIMA), the import duty on raw cotton would erode the competitiveness India’s value-added segments that has a business size of around Rs 50,000 crores in exports and Rs 25,000 crores in the domestic market.
Indo Count plans Rs 2,000 mn capex to increase bed linen capacity
Indo Count Industries Ltd (ICIL), one of India’s largest home textile manufacturers, has recorded 600% increase in PAT in Q4 FY21 to Rs 580 million from Rs 80 million in Q4 FY20. PAT was up 241% in 2020-21 to Rs 2490 million from Rs 730 million in 2019-20.
Techtextil India’s hybrid edition postponed to Nov’21
The event originally scheduled for September 2021, has been postponed to 25 – 27 November 2021. Due to the COVID-19 situation and its impact on safety, Messe Frankfurt India decided to reschedule Techtextil India.
Karl Mayer offers warp knitting with seersucker effect
Karl Mayer makes it possible to produce seersucker-effect fabrics on warp knitting machines. Melanie Bergmann, Textile Technology Product Developer at Karl Mayer is responsible for the breakthrough
Focus on value-addition for value creation
Most of the textile companies have been under severe stress ever since the Covid pandemic struck Indian and the global economy causing economic slowdown.
Advertise Here [300 W x 250 H pixels]