LMW Net Profit Slips
Leading textile machinery manufacturer – Lakshmi Machine Works (LMW) said its income from operations rose 5 per cent, while net profits slipped in double-digits, both from a year ago quarter,Continue Reading
Beyonce Allies with TopShop for New Fashion Brand
US singer Beyonce and British high-street retailer ‘TopShop’ said they are launching a fashion brand for “athletic streetwear” that will be available this time next year. The joint venture, ParkwoodContinue Reading
Zenitex’s Hat-trick for Energy Conservation Award
Zenitex Pvt. Ltd., a Surat-based textile process and dyeing company, has made a hat-trick bagging the ‘National Energy Conservation’ recognition for the third time in a row. The National ConservationContinue Reading
Madura Garments and Oxford University for a Brand Franchising Deal for Apparels
The University of Oxford may soon be selling fashion clothing in the country in a tie-up with Aditya Birla Group company Madura Garments. Oxford Ltd, a wholly owned arm ofContinue Reading
Rajasthan to be Most Favoured Destination for Investment
Rajasthan chief minister, Mrs. Vasundhara Raje said that the textile sector will get the best of technology and innovations as a part of plans to make the state a “one-stopContinue Reading
Indian women textile workers endure “forced labour”
Female textile workers in mills in southern India are enduring horrific working conditions which amount to “forced labour”, according to a report from two pressure groups. ‘Flawed Fabrics’ was compiledContinue Reading
GST to Boost Manufacturing Growth in India
Implementation of the Goods and Service Tax (GST) is the most critical reform needed for Indian manufacturing, the World Bank has said weeks after Prime Minister, Mr. Narendra Modi invitedContinue Reading
