Browsing: Industry Update

India’s leading fashion company, Aditya Birla Fashion and Retail Limited has announced a strategic partnership with India’s largest designer brand Sabyasachi by signing a definitive agreement for acquiring 51% stake in Sabyasachi brand.

GHCL, India’s leading chemical and textile company, recently announced its financial results for Q3 FY21. The company’s performance was encouraging with 26 per cent profitability (PBT) growth Y-o-Y basis and 41 per cent profitability (PBT) growth Q-o-Q basis.

International technology Group ANDRITZ has received an order to supply a neXline spunlace eXcelle line to Minet SA, based in Ramnicu Valcéa, Romania, for processing various fibres from 25 to 70 gsm to produce a wide range of hygiene products.

Smriti Zubin Irani, Union Minister of Textiles & Women and Child Development, government of India inaugurated the 41st India Carpet Expo, which will be held from 27 to 31, January, 2021 virtually. She requested all the international buyers, media professionals to visit and explore the carpet collection of India.

Textiles Committee and Ministry of Textiles signs MoU with Nissenken Quality Evaluation Centre, Japan to boost export of Textile and Apparel to Japanese market.