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Welspun Q1 net down to Rs 128.56 cr
Textile firm Welspun India has reported a 38.39 per cent decline in consolidated net profit at Rs 128.56 crore for the June quarter due to lower income and higher expenses.
Housing boom spurs home textiles market
There was a time when home textiles were purchased only during the festivals in India. But this story was 20 years ago! Thanks to the growth of retailing and increase in purchasing power, home textiles market in India is transforming. An ITJ Exclusive Report delves into this transformation.
Raga Tex hints at entering new segment
Raga Tex, was launched in 1996 as a proprietorship concern by a young lady entrepreneur Thiurmagal, ably assisted by her doctor husband Dr Bharathi Muthurathinam. “It appears that many big retailers abroad, either have already done, are planning to open shop, in India. We should therefore have plans to start investing in brand building and product promotion, within India”, says G Shekar, Executive Director, Raga Tex India Private Limited, in an interview with ITJ Senior Editor Karthik Muthuveeran.
GHCL to shift focus on domestic market
Uttar Pradesh-based GHCL, a leader in home furnishings, plans capacity addition and wants to move focus from exports to the burgeoning home textiles market even as textile manufacturers continue protests over GST.
Compact multi-purpose machine from LACOM
For a complete range of laminated and coated products in home textiles, hotmelt laminating and coating machine: Compact version of multi-purpose laminating and coating machine (MPBL) from GmbH, Germany.
HGH emerges as largest show for home products
HGH India 2017, 6th annual edition of the trade show for home textiles, home décor, houseware, and gifting received an overwhelming response from the trade visitors and the industry.
Applied DNA-GHCL sign pact
Applied DNA Sciences Inc has signed a multi-year license agreement with GHCL Limited, a global manufacturer of home textiles, to provide CertainT platform services in connection with source-verified, polyethylene terephthalate (PET) and recycled PET (post consumer) in select home textile products.
HGH India 2017 kickstarts in Mumbai
With its sixth edition, HGH India the annual trade show for home textiles, home décor, gifts and houseware in India where more than 500 brands, manufacturers and importers are presenting their range and innovations this year.