India has a huge textile industry for both domestic and export markets. It is the second largest employment earner and is growing at 11 per cent annually. It enjoys an efficient multi-fibre raw material base, skilled labour, manufacturing excellence
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FESPA has appointed two new board members – Thomas Struckmeier and Christophe Aussenac. The appointments were approved by the General Assembly of FESPA´s 37 member associations in Bangkok, Thailand.
Corporatised retail is making inroads in the apparel sector in India. From just eight per cent in 2013, corporatised retail-that is retail businesses-owned and managed by a limited company or a partnership firm-ùis set to shoot up to 24 per cent by 2023, according to industry estimates.
FESPA has appointed two new board members – Thomas Struckmeier and Christophe Aussenac. The appointments were approved by the General Assembly of FESPA´s 37 member associations in Bangkok, Thailand.
Gujarat, through its focused policy on textile industry, will emerge as the country´s textile hub in the next five years offering business and employment opportunity, Saurabh Patel State Finance Minister said.
With the product label ¨Made in Green by OEKO-TEX-¨, the Switzerland-based OEKO-TEX Association presents a new certification for textiles proven to be safe in terms of human ecology and that are additionally produced in a sustainable and socially responsible manner. The label replaces the previous certification system OEKO-TEX Standard 100plus and the Spanish mark ¨Made in Green by Aitex.
BASF India Limited has inaugurated its large-scale chemical production complex at Dahej, Gujarat. With a project cost of Rs 1,000 crore, the site represents BASF´s single largest investment in India. The site was jointly inaugurated by Anandiben Patel, Hon´ble Chief Minister of Gujarat; Saurabhbhai Patel, Hon´ble Minister for Finance, Energy and Petrochemicals, Government of Gujarat and Michael Heinz.