MARKET & ECONOMY
Trident Group, a USD 1 billion Indian business conglomerate and leading global player in home textiles, has been awarded the Joint First Prize at FICCI Water Awards 2020 in the category of “Industrial Water Use Efficiency.’ The FICCI Water Awards were launched to promote awareness, policy advocacy, sharing of best practices and thought leadership in the area of water use efficiency.
Trident Group, a USD 1 billion Indian business conglomerate and leading global player in home textiles, has been awarded the Joint First Prize at FICCI Water Awards 2020 in the category of “Industrial Water Use Efficiency.’
Arguably, business as usual in the fashion industry is not sustainable. The industry produces 8 percent of global greenhouse gas emissions while generating 1-1.5 percent of global GDP.
The Indian Textile Journal hosted “Textile Business E-Conference†on 17th February 2021 with an aim to provide a platform to all stakeholders to exchange ideas, collaborate and draw the roadmap for the future.
Ministry of Textiles is contemplating a New Textile Policy. At present, New Textile Policy has not been finalised and it is at draft stage.
To boost exports, government has announced a scheme namely “Scheme for Remission of Duties and Taxes on Exported Products†(RoDTEP) to all export goods, including textiles and garments with effect from 1st January, 2021.
Carrington Textiles and Sapphire Textile Mills have announced a joint venture in Pakistan, with new textile dyeing and finishing operations that will provide up to 20 million metres a year of dyed and white fabric.
Carrington Textiles and Sapphire Textile Mills have announced a joint venture in Pakistan, with new textile dyeing and finishing operations that will provide up to 20 million metres a year of dyed and white fabric.
Key Businesses outperform pre-COVID operational levels, leveraging the synergy of a conglomerate and the energy of focused businesses.