Indo Count Industries Limited (ICIL), one of the leading players in the home textiles industry introduced a range of high quality affordable bed linen for the Indian consumer recently at HGH India held at the Bombay Convention and Exhibition Centre. Since its inception in 1988, Indo Count specialises in providing end-to-end bedding products that solely focus on creating all-encompassing sleep experiences.
Browsing: Industry Update
The announcement of portfolios for Prime Minister Narendra Modi’s new-look Cabinet saw some big portfolio changes among the existing ministers. In one such change, Smriti Irani will now take charge as Textiles Minister. She has taken over from Santosh Kumar Gangwar, who has now been given the Finance department. Ajay Tamta will also be given an active role in the Textiles Department.
The total foreign direct investment (FDI) registered in Vietnam in the first half of the year reached more than $11.2 billion, the Foreign Investment Agency (FIA) said. This is a significant surge of 105 per cent against the same period last year. Of the total, $7.5 billion came from 1,145 newly licensed projects, representing an yearly increase of 95 per cent in capital and 56 per cent in the number of projects.
CADINI, a fashion brand synonymous with premium Italian dressing for men has launched its first flagship store in India at Colaba, Mumbai. CADINI has embarked upon an investment of Rs 15 crore for its retail foray and is poised to open 10-15 stores during this year in the high streets and destination shopping malls of metro cities including Mumbai, Delhi, Pune, Bengaluru, Chennai and Kolkata.
The fiscal incentives in the package, which is expected to cost the ex-chequer an estimated Rs 6,000 crore, include enhanced duty drawback coverage with refund of State levies not being compensated so far, additional funding under the Technology Upgradation Fund Scheme (TUFS) and enhanced scope of income tax exemption under Section 80JJAA of the Income Tax Act.
In an endeavour to promote sustainability while catering to the growing demands of fashion industry, Whitenife, has curated Asia’s largest marketplace for ethical fashion goods. “Fast fashion is significantly deteriorating the world we live in, making ethical fashion no longer a niche, but a necessity,†says Sonia Agarwal, CEO & Founder of Whitenife.
With its inception in 2013, Corporate Collars, one-of-its-kind Bespoke Tailoring Services at Altamount Road and Bandra-Kurla Complex, Mumbai, has recently launched a unique service, Corporate Collars on Wheels. For the first time, Corporate Collars on Wheels is a complete solution to your styling needs, with the convenience of getting your tailoring services right at your door step.