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2 mins read

Indian textile exports to remain strong amid global shifts; FTA negotiations with EU to offer growth opportunities

While domestic demand is expected to remain moderate due to lower discretionary spending and overst…

ANI   


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Significant decline in job growth in FY24, IT and Textile sector labelled 'job destroyers', notes recent BoB report

India Inc. saw a significant slowdown in employment growth, with an increase of just 1.5% in FY24, …

ANI   


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Indian textile exports surge by 9.59% in May despite global economic challenges

Despite unfavourable economic conditions in major markets such as the European Union (EU), the US, …

ANI   


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4 mins read

Bangladesh garment industry faces crisis amid political unrest and floods

The garment sector in Bangladesh, a cornerstone of the national economy, encountered major disrupti…

PTI   


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5 mins read

Cementing dominance: Birla vs Adani, of Chaebols, conglomerates, and National Champions

Ultratech and Adani aggressively acquire smaller cement companies. Does this consolidation resemble…

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2 mins read

Raymond shares hits record high after textile company's board announces demerger of real estate arm

The shares of Raymond surged around 10 per cent to Rs 3236 per share as the stock markets opened th…

ANI   


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Economic Survey 2024 – industries grow by 9.5%, fueling economic growth to 8.2%

Finance Minister Nirmala Sitharaman on Monday tabled the Economic Survey 2023-2024 in the Lok Sabha…

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5 mins read

Fabric of a nation: Sustaining India's handloom legacy in modern times

The industry is largely unorganised, and the wages are shockingly low. 67% of handloom workers are …

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2 mins read

World No-Tobacco Day: As the menace of cigarette butt pollution continues, Lee Cooper weaves jeans out of them

Each pair of these eco-jeans cleans up approximately 600 cigarette butts! The jeans have passed all…

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4 mins read

Reliance, Tata on TIME's list of world's most influential companies

Serum Institute is the other Indian company on the list. TIME listed Reliance in the 'Tita…

PTI   


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3 mins read

Indian brides go austere with lower priced, light-embroidery trousseaus this season

The wedding season in India has seen no growth or even a drop in sales for clothing retailers, with…

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5 mins read

The fashion industry needs better sourcing and waste practices — fast. Cloud computing could be a long-term fix.

Cloud computing could allow fashion companies to share sustainability information and create a less…

Jake Hall   


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5 mins read

Water crisis affects businesses across Bengaluru; Is there room for cautious optimism?

Bidding to reduce their reliance on the exorbitant tankers — a necessary step after the exhaustion …

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2 mins read

Mandate spinning mills to declare cotton, yarn stocks, requests Tamil Nadu Chief Minister to PM Modi

In order to rein in the price rise and consequent disruptions in the textile value chain, Stal…

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2 mins read

India’s plan for new textile parks includes a ₹10 crore incentive each year for units with 100 employees

In a bid to give a boost to India's textile sector, the government today announced the PM Mitra Yoj…

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2 mins read

SVP Global Textiles Ltd reports income of Rs 294.10 crore in Q2FY23

SVP Global Textiles Ltd, one of the largest compact cotton yarn manufacturers and leading multinati…

ANI   


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3 mins read

Alok Industries, Arvind, Deepak Spinners, Trident gain on PLI for textiles sector, analysts expect the rally to continue

A few textile company stocks gained on Wednesday as investors cheered the government’s approval for…

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3 mins read

Value RIL will create over the next decade will be multiple times of what it has done in 45 years, says Mukesh Ambani

While Mukesh Ambani did not give guidance, he said at the 46th AGM of Reliance Industries that “The…

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3 mins read

Coimbatore – from a textile hub to tech hub

The second-largest city of Tamil Nadu is all set to host the most prosperous business of the day – …

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3 mins read

India Inc’s credit quality continues to shine in FY23: Slowdown concerns could impact IT, textile sectors, says ICRA

Corporate India’s credit quality has continued to rebound in FY23, sustaining the previous year’s m…