It is exactly 100 years ago on August 17th this year that Carl Axel Gustafsson returned from the USA to Sweden with a significant agency agreement from the Boston-based sewing machine leader Reece.

According to Basavaraj Bommai, Chief Minister, Karnataka, the era of development has begun in Haveri. He made an announcement related to the setting up of a textile park in Shiggaon

Indian Terrain Fashions Ltd (ITFL) has modified its business model and started to focus on e-commerce, digitalisation, sustainability, and children’s wear, said Venkatesh Rajagopal, Executive Chairman.

Cotton prices have remained volatile for quite some time. The textile industry has raised the issue of rising domestic cotton prices with the government. If raw material prices continue to remain elevated for an elongated period, it can negatively impact margins for yarn manufacturers, says Pulkit Agarwal, Associate Director, CARE Ratings. In this interview, he analyses the fibre and yarn market against background of rising input costs and recent policy announcements (like of the Government of India.