MARKET & ECONOMY
GHCL India’s leading chemical and textiles company, announced its financial results for Q1FY20. Net Revenue for Q1FY20 is up by 16 per cent at Rs 879 crore as compared to Rs 757 crore in the corresponding quarter ended June 30, 2018.
After seeing the great success in the brands and women apparel categories like Stoles, Kurtis, and Leggings; LIVA from Aditya Birla Group, will now enter into the saree category.
Indian textiles sector needs to refocus and concentrate on value addition. Textile industry in India is in distress due to sluggishness in yarn uptake by the upstream sectors.
The new generation fit collection launched by the American Clothing brand GAP for its Fall 19 has been exhibited by the campaign – “Its Our Denim Nowâ€Â.
The ZDHC Roadmap to Zero Programme has announced the release of the ZDHC Wastewater Guidelines Version 1.1. Initially released in November 2016, the Wastewater Guidelines define a single, unified standard for wastewater testing that goes beyond regulatory compliance and conventional wastewater testing parameters.
India is mulling over extending the Rebate of State and Central Taxes and Levies (RoSCTL) for the garments and made-ups sector to other textile products because of the urgency to do away with the merchandise export incentive scheme (MEIS), which is against World
Polysistec has recently launched a new Polyguard BD 6400, a fluorine-free water repellent finishing agent, which is applicable on synthetic fibres and their blends.
Giving a major boost to the farmers’ income, the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi has approved the increase in the Minimum Support Prices (MSPs) for all kharif crops, including cotton, for 2019-20 season.
GHCL Limited has been certified as one of the best workplaces by the Great Place to Work Institute and has been ranked among the top 100 workplaces in India for the third consecutive year.