MARKET & ECONOMY
Dollar Industries, one of the leading garment and hosiery companies in the country, has announced its financial results for the quarter ended June 30, 2020.
The government will roll out a production-linked incentive (PLI) scheme for the labour-intensive textiles and garment sector and correct its historical policy bias towards a cotton-dominated value chain, as it plans a renewed bid to reclaim India’s export markets after ceding a substantial ground to Bangladesh and Vietnam in recent years.
Dow Chemical International (Dow India) announced the appointment of Chandrakant Nayak as the company’s new Country President, effective from September 1, 2020.
GHCL Limited, India’s leading chemical and textile company, announced its financial results for Q1FY21. Commenting on the financial performance, RS Jalan, Managing Director, GHCL, said, “As the global COVID crises evolves even further, we are now witnessing a wider impact on economies across the world.
An innovative product has emerged in the Indian textile industry that promises to render viruses such as coronavirus ineffective.
Huntsman Textile Effects and Bao Minh Textile, one of the largest and most modern woven fabric producers in Vietnam, are collaborating to produce fabric that meets the stringent performance standards required of isolation gowns.
An innovative product has emerged in the Indian textile industry that promises to render viruses such as coronavirus ineffective.
Huntsman Textile Effects and Bao Minh Textile, one of the largest and most modern woven fabric producers in Vietnam, are collaborating to produce fabric that meets the stringent performance standards required of isolation gowns.
Union Minister Smriti Irani has called upon big commercial brands like BIBA and Arvind Mills to source cloth directly from the weavers, a move that will help provide remunerative prices to them by eliminating middlemen engaged in the process.