Browsing: Industry Update

Baba Ramdev-led Patanjali forayed into the fast-growing branded apparel segment through its brand ‘Paridhan’ and expects a sale of around Rs 1,000 crore next fiscal.

Garware Technical Fibres Ltd (formerly Garware-Wall Ropes Ltd.), a leading manufacturer of technical textiles for the Indian and global markets, has announced its financial results for the second quarter and half year ended September 30, 2018.

Arjun Khotkar, Minister of State for Textiles, Maharashtra said that Maharashtra, which currently lags in silk production, will become the exporter of silk in next 5 years.

Grasim Industries Limited (Unit Harihar Polyfibers) has been named as the Winner of the Prestigious ‘Golden Peacock Award for Sustainability 2018’ at the “18th Annual London Global Convention on Corporate Governance & Sustainability” and ‘Global Business Meet’.

Filatex India Limited, a leading manufacturer of synthetic man-made filament yarns, said its Q2FY19 net profit increased 50 per cent to Rs 20.25 crore as the company opened a new production line.

Global fashion innovations company, Alvanon, is set to launch MOTIF, a unique apparel knowledge and continual e-learning hub that will help solve the skills’ gap within the global apparel industry.