Textile sector is under stress in India. Recently, Mumbai-based Cotton Association of India (CAI) estimated that this year’s Indian crop (October 1, 2019-September 30, 2020) to be 33.55 million bales (170 kg each) as against its previous estimate of 33 million bales (170 kg each).
Browsing: Apparels & Garments
Dollar Industries, one of the leading garment and hosiery companies in the country, has announced its financial results for the quarter ended June 30, 2020.
Liva, an ingredient fabric brand from the house of Aditya Birla Group, has conducted a consumer study in association with MRM, the digital arm of Mccann World Group and released a research report titled “A Brave New Worldâ€Â.
GHCL Limited, India’s leading chemical and textile company, announced its financial results for Q1FY21. Commenting on the financial performance, RS Jalan, Managing Director, GHCL, said, “As the global COVID crises evolves even further, we are now witnessing a wider impact on economies across the world.
Tengri, a UK-based luxury lifestyle brand specialising in clothing, accessories and home interiors that since 2014 has championed the manufacture of noble yarns and fibres from the endemic Khangai yak of Mongolia’s remote north-west region, has strengthened work with its cooperatives of over 4,500 herder families to introduce a rare new yarn to the market.
The first initiative is to organise guaranteed supplies and build resilient value chains in Europe for critical PPE and other textile products to avoid an impact of this magnitude in the future.
Ernesto Maurer has been appointed as the new President of Cematex, the European Committee of Textile Machinery Manufacturers.