Tag: MSME
MSMED Act of 2006 is a game-changer for MSMEs
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
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
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%
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
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
Global textile and apparel trade likely to reach $ 1.2 trillion by 2030: FICCI – Wazir Report
Need transformational changes for textile industry - manufacturing excellence, responsible production, leveraging technological capacities, says Roop Rashi, Textile Commissioner, Ministry of Textiles, GoI. FICCI-Wazir Advisors released ... Read More
MSME spinning mills in Tamil Nadu stop production and yarn sales
For the first time in the last 20 years, exports of yarn and textiles have declined by around 28 per cent. In an emergency meeting ... Read More