ITM 2024 Exhibition, where world brand companies in textile machinery and technologies will introduce the latest products they have developed, will host a unique experience with the diversity of exhibitors, visitor profile and the business volu...
read moreLiva , India’s leading fabric brand, participated in Bharat Tex 2024. With a booth presenting its wide-ranging product portfolio and applications, Liva eagerly looks forward to engaging with industry leaders and showcasing its sustainable att...
read moreIn a revolutionary move, Birla Cellulose has unveiled its latest innovation, Birla Viscose - Intellicolor, at the prestigious Bharat Tex event. Birla Cellulose is poised to redefine the landscape of the textile industry with its patented produc...
read moreTotal profits of China’s major textile enterprises rose 7.2 percent year-on-year in 2023, official data showed. Last year, these companies generated profits amounting to 180.2 billion yuan (about $25.38 billion), according to the Ministry of ...
read moreAditya Birla Fashion and Retail Ltd (ABFRL)has reported a rise of 16 per cent in consolidated revenue from operations in the third quarter ended December 2023 despite mut ed demand, it said in a regulatory filing.
The company’s consolidate...
Bharat Tex 2024 celebrated Indian Textile Industry, the India ITME Society presented the importance of the textile machinery and technology segment with an engrossing panel session on the 2nd day of Bharat Tex- 27th February 2024 at Bharat Mand...
read morePerlon, the global manufacturer of synthetic filaments headquartered in Munderkingen, Germany, has celebrated the opening of its new plant in Goa, India, marking a significant milestone in its global expansion strategy.
The Goa plant follow...
French apparel brand, Kiabi has inked pact with Myntra to enter the India market, it said in a press release.
The company said it will have an online brand store on the Myntra app that will help strengthen its position in the Indian fashion...
MSME apparel manufacturers anticipate significant losses totalling between Rs 5,000-7,000 crore during the January-March quarter, as reported by the Clothing Manufacturers Association of India (CMAI).
The association attributes this projecti...
The Indian economy, according to data released displayed resilience as industrial output saw an uptick while inflation experienced a decline at the onset of the year.
In December, industrial output growth rebounded to 3.8 per cent after expe...
Global rating agency Moody’s has revised India’s growth forecast for the fiscal year 2024 to 6.8 per cent, up from the earlier estimate of 6.1 per cent, citing ‘stronger-than-expected’ economic data from 2023 and diminishing global econ...
read moreAs India marches forward on its economic journey, the retail sector emerges as a beacon of immense potential, poised to ascend to a staggering USD 2 trillion valuation within the next decade.
A recent joint study by the Boston Consulting Gro...
Chief Economic Adviser V. Anantha Nageswaran has projected a robust 7 per cent GDP growth for India in the fiscal year 2025 (FY25), continuing the country’s post-pandemic economic momentum for the fourth consecutive year.
Nageswaran attrib...
Reliance Industries Limited (RIL) introduced ECOTHERM™, a game-changing product poised to revolutionize the textile industry. The unveiling took place at the prestigious “Reliance Sourcing Solutions Pavilion” within BharatTex 2024.
At ...
Gross Goods and Services Tax (GST) revenue collected for February 2024 is ?1,68,337 crore, marking a robust 12.5% increase compared to that in the same month in 2023. This growth was driven by a 13.9% rise in GST from domestic transactions and ...
read moreThe world’s leading manufacturers in the textile value chain are deeply intrigued by India’s success story and are eager to make significant investments in the country. During a session on Global Investment held as part of India’s flagshi...
read moreInspired by the 5F Vision of the Hon’ble Prime Minister, the largest global textile event in India, Bharat Tex 2024 with a unified Farm to Fashion focus concluded on 29th February, 2024 in New Delhi. The 4 day event which was inaugurated on 2...
read moreThe stall of COMMUNION was inaugurated by Shri Sarvesh Tripathi, the National Spokesperson and Secretary of the Samajwadi Party, in the presence of the COMMUNION team. While inauguration, he said that journey of Communion is amazing seeing its ...
read moreTrivantage, a one-stop shop for fabrics, hardware, and accessories, has launched the Seamstick Taper, a convenient tool that makes it easy to apply seam tape to zippers, webbing, and trim. Designed by a fabricator, this ingenious tool makes qui...
read moreThe mega textile exhibition — Bharat Tex 2024 — will now be held every year in the country as the first event which concluded recently witnessed participation of over 3,500 exhibitors and 3,000 buyers from 111 countries, AEPC said.
The A...
The central government has removed the import duty on ELS cotton. The textile industry has welcomed the move to remove import duty on extra-long staple (ELS) cotton and expects that the government will soon realise the need to scrap the duty on...
read moreThe textile industry in the greater Surat region greatly benefited from the proposed PM Mitra Park that was set to come up in Gujarat’s Navsari. On February 22, during his visit to Gujarat, Prime Minister Narendra Modi laid the foundation sto...
read moreThe 3rd Mumbai edition of Gartex Texprocess India which concluded on 3rd February, turned out to be one of the most recognised ‘one-stop’ platforms for selling and sourcing exciting and innovative products in the garment and textile manufac...
read moreDhaka and New Delhi are moving towards aligning standards to reduce significant non-tariff barriers between Bangladesh and India. India’s concept note, currently under Bangladesh’s review, highlights concerns about increasing technical and ...
read moreThe Tamil Nadu Government is considering the implementation of a procurement policy to source its technical textile needs from local industries, as disclosed by Dharmendra Pratap Yadav, the Secretary of the Department of Handlooms, Handicrafts,...
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