ICRA, a leading rating agency, said that the textile industry’s performance will go back to pre-COVID levels in the next fiscal year owing to increase in demands from the domestic as well as export markets.
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GRADO by GBTL, the leading manufacturer of premium fabrics, recently organised a conference to launch myriad new product offerings at the Shimla conference at Manla Homes Resort.
Vasudha Swaraj, an agriculture arm of Pratibha Syntex, engages 1000 tribal farmers in cultivation of regenerative organic cotton. The intent is to restore and build soil, ensure animal welfare, and render fair conditions for farmers and farmworkers.
Manoj Patodia, Chairman, The Cotton Textiles Export Promotion Council (TEXPROCIL) states that the Government of India should take immediate steps in formulating a Free Trade Agreement (FTA) with the UK.
Anup Rakshit, Executive Director, ITTA. converses about the strengths and shortfalls of the Indian technical textile industry
A four-year study by the Renewal Workshop revealed 82 per cent of what is considered apparel and textile waste can actually be renewed and resold, effectively meaning brands are ‘sitting on their next supply chain’, it said.
Most of the textile companies have been under severe stress ever since the Covid pandemic struck Indian and the global economy causing economic slowdown.