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Digitisation is the key to growth in post-COVID era
Addressing FICCI TAG 2021, 12th annual conference on the theme 'Repositioning Indian Textiles and Strategising for Growth in the Post-COVID World', Ajay Arora of D’décor said digitisation is key to growth in Indian textile industry.
Textile giant Raymond plans to raise 40 crore
Indian textile and apparel giant Raymond recently announced the approval from its committee of directors to raise Rs 40 crore through private placement of non-convertible debentures.
Raymond witnesses recovery in consumer demand
Raymond announced its unaudited financial results for the quarter ended September 30, 2020. Raymond is India’s largest integrated worsted suiting manufacturer that offers end-to-end solutions for fabrics and garmenting.
Can anti-viral fabrics be the game changer?
Several big players in the industry have launched fabrics and clothing that they claim can provide protection against the COVID-19 virus. Is it really foolproof or just a marketing gimmick? The ITJ cover story delves deeper into this.
Irani urges big brands to source directly from weavers
Union Minister Smriti Irani has called upon big commercial brands like BIBA and Arvind Mills to source cloth directly from the weavers, a move that will help provide remunerative prices to them by eliminating middlemen engaged in the process.
Raymond UCO launches high performance anti-viral denim
Raymond UCO in partnership with HeiQ has launched a highly protective denim fabric range with HeiQ Viroblock, a sustainable, antiviral and antimicrobial technology that has been tested and proven effective to destroy 99.99 per cent viruses.
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.
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