Tag: MSME

The future trends for automation in textile industry is very promising

admin- March 20, 2024

Saurer is a globally operating technology company focusing on innovations for the processing of fibre and yarn, including machinery, components and software. The company partner ... Read More

Ludhiana hosiery seeks aid amid Chinese fabric dumping

admin- January 23, 2024

Garments made from Chinese fabric cost nearly 10-15 per cent less compared to those using local raw materials. Even though Ludhiana, considered the heart of ... Read More

MSMED Act of 2006 is a game-changer for MSMEs

admin- January 22, 2024

The Yarn Bazaar discovers real-time yarn prices, information, and market trends in an instant. Their proprietary processes and flexible unsecured financing options allow yarn sellers ... Read More

For textile makers, calendar 2024 to weave a rebound

admin- December 22, 2023

Net-net, a favourable landscape marked by easing cost pressures and demand revival is likely to support the growth of Indian textiles in 2024, says Aniket ... Read More

Bengal’s hosiery parks anticipates Rs 400 crore investment by FY 2024-25

admin- November 27, 2023

Regular stakeholder consultation meetings at the district level are being organised, often in the presence of Mamta Banerjee, Chief Minister and representatives of district chambers ... Read More

Profectus Capital profit for H1FY24 rises by 129%

admin- November 1, 2023

Net profit before tax for the half year up at Rs 32.80 crore, 129 per cent rise. Profectus Capital (PCPL), an NBFC backed by Actis, ... Read More

Financial solutions to unleash the growth of MSMEs in the textile industry

admin- October 24, 2023

With the financial access now bridged, MSMEs in the textile sector need to focus on integrating technology into their processes which will help ensure that ... Read More