MARKET & ECONOMY​

GHCL Limited’s, India’s leading chemical and textile company, income from operations for Q2FY17 grew by 1.85 per cent to Rs 703.14 crore as compared to Rs 690.34 crore in the corresponding quarter ended September 30, 2015.

Kanpur-based Jet Knitwears has become Uttar Pradesh’s first hosiery company to go public through its initial public offering (IPO).

are set to showcase TRANS-FORM, the next generation fit and comfort collection of denim fabrics featuring creora Fit2 technology at Denim Première Vision, the premium denim show to be held on November 2-3, 2016 in France.

The Oeko-Tex Association has launched a new tool ‘Detox to Zero’, which enables manufacturers along the textile chain to assess the status of their chemical management systems and the quality of their wastewater and sludge.

Hohenstein is bringing new product testing innovations to apparel retailers. The product compliance testing company will debut new product testing technologies, including a 3D scanner for size matching, at the IFAI Expo Testing Demo Zone in Charlotte, North Carolina.

The Zero Discharge of Hazardous Chemicals (ZDHC) programme, a collaboration of leading brands, value chain affiliates and associate contributors, has added four new contributors—Sustainable Apparel Coalition, Unione Nazionale Industria Conciara, Seri.co of Centro Tessile Serico and Covestro—for sustainable chemical management.

KPR Mill, with its state-of-the-art production facilities in Tamil Nadu, produces yarn, knitted fabric, readymade garments and wind power. Now, the mill is set for expansion, with its garment capacity poised to go up by 36 million garments to cope up with the upsurge in market demand. This expansion will make the company one of the largest garment producing corporates in India.

Gujarat has performed remarkably well, achieving an 18 per cent growth over the past decade since 2004, through policy support from both the Centre and State government. Unlike several other states, entrepreneurs in Gujarat have the option of availing benefits from both the Centre and the State Government, allowing for additional benefits. The Centre’s Technology Upgradation Fund Scheme (TUFS), along with the state government’s policy, has helped entrepreneurs reap huge benefits in the sector.