Following a 35 per cent increase in cotton prices in 2015, Brazilian cotton prices continued to rise in 2016, in which they grew 22.6 per cent over 2015.
Browsing: Textile Industry
The Maharashtra Government plans to set up a garment park with an investment of Rs 300 crore at Solapur, which is considered the textile hub of Maharashtra.
According to Nilesh S Shah, VP of the Solapur Readymade Garment Manufacturing Association (SRGMA), ?Solapur?s closely-knit and largely unorganised garments and uniforms industry is attracting attention of the armed forces.?
LIVA, a leading fashion fabric brand from the house of Aditya Birla, recently launched their first and India’s only state-of-the-art studio exclusively for their LIVA Accredited Partner Forum (LAPF) partners.
Bombay Dyeing and Manufacturing Company, Nusli Wadia’s 137-year-old flagship company, has drawn up a major strategy to revive its textile retail business and is looking for a turnaround in 2017-18.
The e-commerce platform, LimeRoad has signed an MoU with Madhya Pradesh Laghu Udyog Nigam for online selling of a range of handloom and handicraft products. The partnership will promote selling of the items produced at Nigam via e-commerce.
Over 380 Indian companies are set to come together to showcase the country’s textile expertise at the world’s biggest home and contract textile fair – Heimtextil next week. The trade fair, regarded as the biggest and most important international platform for home furnishings and textiles, will open doors at the Frankfurt fair ground in Frankfurt am Main from January 10-13, 2017.