The ninth edition of Texfair—the textile machinery, accessories and spares expo—organised by the Southern India Mills Association (SIMA) will be held from 9-12 January, 2015 in Coimbatore. Texfair 2015 is intended to bring ...
Tags: textile mills, powerlooms, handlooms, Textile
India is likely to open its first packaging park, which will be a cluster of industries specialising in making a wide variety of packaging material for user units, in Visakhapatnam, Andhra Pradesh. The Indian Institute of Packaging, an ...
Indian synthetic fibre and yarn producers have urged the Union Ministry of Finance to abolish excise duty of 12 per cent levied on the industry and bring it at par with the cotton fibre and yarn sector. “This will help the growth of ...
Tags: cotton fibre, yarn sector, Textile
A joint memorandum has been submitted to the Union Commerce Minister, Nirmala Sitharaman by various Indian textile associations, seeking additional two years time to fulfill export obligation under the export promotion capital goods (EPCG) ...
Tags: textile associations, Textile
The textile industry of the Southern Indian state of Tamil Nadu aspires to climb up the textile value chain and realise its true potential for which it is depending upon the central government, said an official of a trade body. D Prabhu, ...
Chennai based apparel retailer, Indian Terrain Fashions Ltd said it proposes to raise Rs 75 crore through issue of securities or qualified institutions placements (QIP’s). In a filing with BSE, the retailer which retails the Indian ...
Tags: apparel, Terrain Fashions
The new government, under Prime Minister, Narendra Modi has laid emphasis on an economic vision based on increasing production, export and generating employment. Particular attention will be given to generate productive employment ...
Kishore Biyani led, Future Retail said it’s proposed Rs 1600 crore rights issue will open on January 15, 2015 and close on January 29, 2015. Future Retail said in a BSE filing that the issue will open on January 15, 2015 and close ...
Tags: pre-determined price, ratio, Apparel
Kids apparel market in India is growing at a compound annual growth rate (CAGR) of 20 per cent, due to rising media exposure, high disposable income of the parents, peer pressure and brand consciousness among children, according to The ...
Tags: Apparel Market, Kids Apparel
The Government of India has been implementing several schemes to promote handloom textile industry, including Chanderi textiles, Santosh Kumar Gangwar, Minister of State (Independent Charge) in the Ministry of Textiles, said in a written ...
Tags: silk sarees, web portal, Textile
The production and sales of khadi, a handwoven cloth, have grown during the last three years. In 2011-12, 887.32 lakh square metres of khadi cloth was produced, generating sales value of Rs 967.87 crore, with cumulative employment of ...
Tags: handwoven cloth, storage battery, Textile
Arvind Internet Limited (AIL), the online arm of Arvind—one of India’s largest integrated textile and apparel company with a strong retail presence, has launched a revolutionary digital retail store concept by opening first such ...
Tags: Digital Retail, Store Concept, Apparel
The Union Cabinet has approved the launch of Deendayal Upadhyaya Gram Jyoti Yojana (DDUGJY) with components (i) to separate agriculture and non agriculture feeders facilitating judicious rostering of supply to agricultural and ...
Tags: feeders, consumers, Electrical
Stating that the new power tariff rate announced last week by Tamil Nadu Electricity Regulatory Commission (TNERC) would seriously affect the competitiveness of the textile mills in Tamil Nadu across the value chain, the Southern India ...
Tags: tariff hike, power factor, Textile
India’s auto component manufacturer Pricol has acquired a Brazilian auto component firm Melling do Brasil through its wholly-owned Spanish subsidiary Pricol Espana. The company has informed BSE that its Board of Directors has ...
Tags: oil, water pumps, cold start valves, Auto