As the global demand is picking up and global players are diversifying their supply chain, it is expected that Indian exports will show a gradual improvement in the next 2 years, says India Ratings & Research (Ind-Ra).

Lux Industries Limited has announced Covid-19 Vaccination for all its employees free of cost. The company plans to tie up with some leading hospitals and vaccination centres for off-premise vaccination.

According to media reports, the famous fashion brand Ritu Kumar will give a 30% stake of its private equity firm Everstone Capital to Reliance brands which is the premium-to-luxury brands operator of Reliance Retail.

Intertextile has developed a range of hybrid and online solutions for participants of Intertextile Shanghai Apparel Fabrics – Autumn Edition.

The government extended loan for four years with repayment of only interest in the first 12 months under Emergency Credit Line Guarantee Scheme (ECLGS).

The government is aiming at notifying the production-linked incentive (PLI) scheme, that was announced to boost domestic manufacturing, for sectors like auto components, steel, and textiles.

The $15 billion garment export sector faced a big blow as many states in India announced lockdown and restrictions on industries due to the Covid-19 pandemic.

The Moroccan textile and apparel industry association AMITH joined ITMF in May 2021. ITMF was founded in 1904 and is the international forum of the global textile value chain.

Etsy is all set to acquire global fashion resale marketplace Depop and has signed an agreement in relation to the acquisition.