Search Results: exports (2586)

The dynamics of the global garment and apparel industry have changed considerably in the last decade. The industry is shifting from China, the world’s largest clothing exporter, towards developing regions like South Asia and other emerging markets. Increasing wages in China have led international brands to focus their energies on, and seek alternatives in countries like Bangladesh, India, Pakistan and Sri Lanka.

During the recent weeks, cotton prices have increased by 50 per cent and are skyrocketing as multinational corporations are holding benami stocks with 0 per cent interest funding from their origin countries. Speculators via MCX, NCDEX are playing havoc with the cotton users, says Rikhab C Jain, Chairman, T T Group.

The announcement of portfolios for Prime Minister Narendra Modi’s new-look Cabinet saw some big portfolio changes among the existing ministers. In one such change, Smriti Irani will now take charge as Textiles Minister. She has taken over from Santosh Kumar Gangwar, who has now been given the Finance department. Ajay Tamta will also be given an active role in the Textiles Department. Irani was earlier the Minister of Human Resource Development. She joined the Bharatiya Janata Party in 2003. She became Vice President of the Maharashtra Youth Wing in 2004.

Tamilnadu Water Investment Company Limited (TWIC) is a pioneering developer of water/waste water projects in India. Promoted by Infrastructure Leasing and Financial Services Limited (54 per cent) and Government of Tamil Nadu (46 per cent). Over the last few years, TWIC has been in the forefront of a number of initiatives both in the urban water space as well management of industrial effluent.

Diversified textile player Chiripal Group is setting up a Rs 500-crore terry towel facility in Ahmedabad district with an initial capacity of 10,696 tonne per annum. Nandan Terry Pvt Ltd, a wholly-owned subsidiary, will begin commercial production in December, a top company official said.

For Italian textile machinery manufacturers, the first quarter of 2016 has opened with a recovery in orders on the domestic side. In foreign markets, orders have instead dropped off slightly. Raffaella Carabelli, President of ACIMIT, said: “The recovery on the domestic market compared to the minimum recorded a year ago is highly encouraging. Abroad, only a few markets have performed well.”

Deco Window is a domestic endeavour of Jayanita Exports Pvt Ltd. In collaboration with more than 600 stores spread all over the country, Deco Window offers wide range of window solutions for each and every Indian home. Vaibhav Jain, CEO, Deco Window, had a very clear vision in mind for his company.