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Many states in India are experiencing total lockdown due to which the garment export sector is badly affected. The sector has recorded a loss of around $15 billion during the second wave of the coronavirus pandemic.
Trident, a well-known textiles and paper maker, is planning to raise an amount of Rs 11 billion with NCDs and equity shares in the market.
Though plant sites are functional with a restricted occupancy level, 1QFY22 may not be a lost quarter, thanks to strong export markets, says Mahaveer Jain of India Ratings
ANDRITZ has received an order from Pratrivero for a new excelle batt forming line to boost their production supplies in Italy. This line includes an excelle card and crosslapper
ICIL will increase bed linen capacity by 20%, enhance capacity for Top of the Bed (TOB) products, and modernise its spinning units with compact spinning technology.
The event is scheduled to take place from June 12-16 in Shanghai, China. The company will be present both physically and virtually at Booth C31, Hall 4 of the National Exhibition and Convention Centre.
The order intake in April was broadly based internationally with the main focus on Turkey, Uzbekistan and India. Order intake in the first half of 2021 is expected to be around CHF 800 million.
Expert speakers from the field of textile and fashion industry shared their valuable insights in the series with the students of the department
US-based retailer Target Corporation completed a vendor re-empanelment process with Welspun Global Brands Ltd., Welspun India’s subsidiary, recently.