Browsing: Industry Update

Foreign direct investment (FDI) in textile sector more than doubled to $618.95 million during 2016-17 from $230.13 million in the previous fiscal, Parliament was informed recently.

Telangana Chief Minister K Chandrashekar Rao will lay the foundation stone of a mega textiles park in Warangal Rural district that would offer jobs to thousands of workers, according to the State?s Deputy Chief Minister K Srihari.

A knowledge network management system (KNMS), an inter-ministerial synergy group on man-made fibre (MMF) and a new task force on textiles are the three institutional mechanisms initiated by the Indian Ministry of Textiles

The International Association for Textile Care Labelling, GINETEX’s five trademarked symbols have been registered in India and China. GINETEX is an international network that provides consumer with information on textile care by means of pictograms

Textile firm Welspun India has reported a 38.39 per cent decline in consolidated net profit at Rs 128.56 crore for the June quarter due to lower income and higher expenses.