Jayashree Textiles Ltd, a unit of Aditya Birla Nuvo Ltd, is aiming at 10 per cent growth in its turnover in this fiscal. The company, which focuses on linen and woollen fabrics and garments, logged Rs 1,600 crore turnover in the last financial year.
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Donear Group has acquired Grasim Bhiwani Textile Limited (GBTL) with the strategic intention to strengthen its manufacturing base and go for cotton ranges in suiting and shirting.
In a strategic move that will significantly enhance its profile and addressable market in the global textiles space, the Donear Group has announced acquisition of Grasim Bhiwani Textile Limited, the Poly-Viscose Suiting Fabrics subsidiary of Grasim Industries.
Mali, which produces eight lakh tonnes of cotton a year, is looking at direct exports of cotton to the Indian textile industry.
The International Finance Corporation (IFC), a member of the World Bank Group, has helped Vietnamese garment-textile outsourcers save over 20 per cent of water and energy consumption.
Narendra Modi, Honorable Prime Minister of India, while inaugurating India’s largest ever textile meet, Textiles India-2017 on June 30th in Gandhinagar, Gujarat, India heralded the strength and capacity of the Indian textile industry.
Positioned as the first ever global B2B textiles event in India, ‘Textiles India 2017’ brought to the fore the inspiring vision “From Farm to Fibre, Fibre to Factory, Factory to Fashion, Fashion to Foreign Exports”. In this regard, “Symphony of Weaves”, a fashion show curated and produced by IMG Reliance Industries Ltd at Mahatma Mandir in Gandhinagar.