Category: Industry Update
Swiss Textile Machinery Association appoints new leadership
The Swiss Textile Machinery sector was founded in 1940 and is the longest-established industry sector within Swissmem. The Swiss Textile Machinery Association is the representative ... Read More
Primus Partners charts path to raise textile exports to $100 billion
Six-point strategy aims to diversify exports, expand global markets, and strengthen India’s position as a leading textile manufacturing hub. The textile sector is one of ... Read More
Wazir Advisors support GFF–Sharadha Terry rugs project
Wazir Advisors acted as the technical consultant to GFF, conducting a detailed evaluation of the proposed investment in STPPL’s new sustainable rugs manufacturing unit. Good ... Read More
Odisha clears 19 projects across textile and logistics sectors
These projects are set to be implemented across 11 districts—Angul, Balasore, Cuttack, Dhenkanal, Ganjam, Jajpur, Keonjhar, Khordha, Koraput, Sambalpur, and Sundargarh—and include initiatives in the ... Read More
India-UK FTA to boost India’s RMG exports by $1.1–1.2 billion: Care Edge
In CY22, the EU and the USA together accounted for nearly 40 per cent of global RMG imports. The RMG industry accounted for a significant ... Read More
GHCL Textiles unveils Rs 10 billion plan to boost spinning and knitting
The company is also actively exploring forward integration into weaving and dyed fabric manufacturing. GHCL Textiles has embarked on a significant transformation journey, allocating a ... Read More
Suketu Shah: Denim and casual wear will become more cost-competitive in the UK post FTA
The conclusion of the India-UK Free Trade Agreement (FTA) brings an exciting new phase for India’s textile industry, especially in sectors like denim and apparel. ... Read More