Grasim Industries Limited bagged the Dun & Bradstreet Corporate Award 2018 for its stellar performance in the textile sector. The Dun & Bradstreet Corporate Awards recognise outstanding Indian corporates.
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Indian textile and clothing exports register positive growth. In 2017, India remained as the world’s leading cotton yarn exporter with a global market share of 25 per cent.
Textile firms in South India are experiencing severe shortage of labour and are now scouting for labour in the North-Eastern States.
In most sectors of textile manufacturing, automation is one of the major key to quality improvement and cost competitiveness. Automation also helps in addressing the challenges on Manpower whose costs are spiralling higher every year.
With the objective of increasing its footprint across the southern part of the country, the Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) has opened its regional office in the premises of the Southern India Mills Association (SIMA), Coimbatore.
The Budget 2018-19 is good in part for the textile industry thanks to corporate tax cut for MSMEs and higher allocation of ATUFS. The ITJ Cover Story takes stock of the Budget implications and the industry’s reactions.
Presented for the first time at the Fashion Hub – Spazio Cavallerizze, the concept shoe created exclusively to complete the outfits of the new collection by Tiziano Guardini, a designer who has made sustainability the distinctive feature of his ultra-original creations.