Tag: textile sector
RadiciGroup FY2020 results show growth despite pandemic
RadiciGroup, closed its 2020 financial year with higher EBITDA up 4.4% compared to the prior year, and net income, net of amortization and depreciation, that ... Read More
Rising inflation to make textile items costlier
The price hike in diesel and petrol has caused inflation to increase by 25 to 30% after unlock. From July the rate of textile items ... Read More
Truth behind Pakistan’s 3 times rise in textile exports
Pakistan saw 3.4 times increase in textile exports in April 2021. This growth was due to the low base effect in April 2020 when the ... Read More
Karur’s textile manufacturing units shutdown for 5 days
With a spike in the number of COVID-19 cases, Karur textile manufacturers and exporters association has announced a complete shutdown of the manufacturing units starting ... Read More
China’s textile sector witnesses a steady expansion
As per the data obtained from the MIIT, China’s textile industry has recorded good growth during the first quarter of 2021. The industry’s revenue increased ... Read More
Ajay Ajmera conferred with Champions of Change Award
The CEO of Ajmera Fashion was awarded for his consistent and commendable work towards women empowerment in the textile sector. Read More
COVID forces Bangladesh textile traders to drop prices
A study titled ‘Weakest Link in Global Supply Chain: How the Pandemic is Effecting Bangladesh Garment Workers’ revealed that 80% of the readymade garment manufacturers ... Read More