Raymond Limited, textile and apparel major, is planning to invest Rs 350 crore in capacity and retail expansion this year. This will help ramp up its apparel sale and grow the fabric business over the next few years, a senior company executive said.

Jharkhand is all set to promote its tussar industry. A website for online shopping of tussar has been launched by Jharkhand Chief Minister Raghubar Das.

Jindal Films Americas, an industry leader in the development and manufacture of high-performance films for flexible packaging and labeling, is planning to expand product offering to include polyester films.

The National Green Tribunal (NGT) has allowed the conditional reopening of 578 textile units in Rajasthan’s Pali district that had been shut for the last eight months for flouting pollution norms.

Finland-based Spinnova has invented a fibre yarn technology that spins yarn directly from wood fibres without complex chemical processes.

What can be called as a formal ushering of the textile Khadi into corporatisation, Raymond has launched India’s first branded khadi label- ‘Khadi by Raymond’.

Resil Chemicals, one of Asia’s leading textile finishing chemicals and the auxiliary manufacturers, has joined forces with Acticell GmbH, an Austrian Chemical research company, to develop environmentally-friendly sustainable textiles.

The Government has trimmed the textile and clothing export target to $45 billion for the current fiscal. Total shipments in the last fiscal missed the initial target of $48.5 billion by a huge margin

India is looking to expand its paltry 1.24 per cent share of the Japanese textile market