UP Governor Lays Foundations Of HCFC
Foundation stones of seven ‘handloom common facility centres’ were laid today in Varanasi, by Uttar Pradesh governor Ram Naik, in the presence of textile minister, Santosh Kumar Gangwar. The governor said thatContinue Reading
Aditya Birla Buys Jubilant’s Hypermarket Business
Aditya Birla Retail has acquired Jubilant Industries’ hypermarket business in a slump sale deal. The acquisition marks another consolidation exercise in the domestic retail sector. This is the third consolidationContinue Reading
Short Of Target In Textile & Garment Exports
The overall textile and garment exports will not only miss the initial official growth target of 10 per cent for 2015-16 but also fall short of the 5 per centContinue Reading
Low Margin In Q4 By Vardhman Textiles
Vardhman Textiles, in its Q4 results has shown decline in net profit by 41.55 per cent to Rs. 90.20 crore in the quarter ended March 2015 as against Rs. 154.32Continue Reading
Subsidy On Woollen Yarn To Continue
The centre has clarified that subsidy on woollen yarn has not been stopped and will continue to be available to the weavers. The clarification came after the issue was raised by Member of Parliament ViploveContinue Reading
Slow Growth In Export In Textile And Clothing Sector
India’s textile and clothing exports in the 10 month period of April 2014 to January 2015 witnessed growth of almost four per cent to 34 billion US Dollar as perContinue Reading
Highest Number Of GOTS-Certified Facilities In India, Bangladesh
Global Organic Textile Standard (GOTS) is recognized worldwide as the leading processing standard for textiles made from organic fibers. GOTS-certified facilities are now located in 64 countries around the world.Continue Reading
