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Foundation stone for Telengana Textile Park soon
The Kakatiya Mega Textiles Park in Telangana will become one of the biggest apparel parks in the country and Warangal to become another financial capital of Telangana as part of decentralisation process, says IT & Handlooms Minister,etc.
Raymond sets up plant in Ethiopia
Indian fabrics and apparel major Raymond is looking to capture the stitched garments market in Europe and the US by exporting products from its new Rs 100-crore plant in Ethiopia.
LMW to modernise Kenyan mill
Coimbatore-based Lakshmi Machine Works (LMW) will modernise Kenya-based Rift Valley Textile Mills (Rivatex EA) to help it compete with its global counterparts.
Arvind showcases sustainable clothing collection
Arvind Limited has showcased its sustainable collection of clothing through a fashion show at the concluding day of ustainable Apparel Coalition (SAC) annual member meeting in Bangalore.
Raymond to invest Rs 350 cr in 2017
Raymond Limited, textile and apparel major, is planning to invest Rs 350 crore in capacity and retail expansion this year. This will help ramp up its apparel sale and grow the fabric business over the next few years, a senior company executive said.
Arvind FY17 net profit falls
Textile major Arvind Ltd has reported a 41 per cent decline in net profit for the year ended March from a year ago on the back of demonetisation and increase in cotton prices.
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