Category: Industry Update
Industries Minister visits land chosen for Textile Park in Salem
The identified 120 acre at Jahir Ammapalayam will provide direct employment to 10,000 people, with an additional 30,000 to 40,000 people benefiting from indirect jobs. ... Read More
Neighbour’s envy India’s gain
With about 25 per cent contribution to the Indian textile & apparels (T&As) industry, exports play a crucial to its growth. While domestic demand for ... Read More
Price and sectorial imbalances cripple textile industry
Industry is hoping that by end of Quarter 1, 2025, global demand for textile goods will increase, which could improve yarn price realisation, asserts Dr ... Read More
Uniqlo Joins Government to Boost Cotton and Textile Sector
Uniqlo, which has achieved an impressive 30 per cent growth rate, has firmly established its presence in India, operating 15 stores and generating Rs 8.14 ... Read More
Sanathan Textiles’ Initial Public Offering to open on December 19, 2024
The IPO is a mix of fresh issue of up to Rs 4000 million and an offer of sale of up to Rs 1500 million. ... Read More
AATCC signs MOU with The Textile Association (India)
In the MOU, the organisations agreed to create joint educational and training programs such as conferences for the benefit of The Textile Association (India) members ... Read More
Minister informs 30 per cent plunge in Ludhiana’s textile exports
This statement prompted MP Sanjeev Arora from Ludhiana to raise concerns during the session. Arora sought clarity on the measures being taken to address this ... Read More