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SIMA For Improving The Health Of Textile Sector

With India's textile exports continuing to decline this year, the Southern India Mills Association (SIMA) has approached corporate advisor S Gurumurthy to lobby their case to improve the health of the textile industry. SIMA chairman, M Senthilkumar said the 12-nation Trans Pacific Partnership (TPP) can potentially dent Indian textile exports further because of duties ranging between 14 and 32 per cent while competitor and TPP member Vietnam would have zero…
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Apparel and Textile News

Aeropostale To Use Flash Mobs To Enter India

American clothing brand Aeropostale will use ‘flash mobs’ for its India entry, according to company sources. Aeropostale, which has scheduled its launch on November seven, will target youth in colleges around the national capital in south Delhi's Select City Walk mall. The New York-based brand, popularly known as Aero, plans to open 30 stores and 25 shop-in shops over the next three years and also an e-commerce portal. Aeropostale will…
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Apparel and Textile News

Kanoria Sets Up Ethiopia Plant

Kanoria Africa Textiles, a subsidiary of Kanoria Chemicals & Industries Ltd (KCI), has set up an integrated plant at Bishoftu in Ethiopia to manufacture denim fabric. "Kanoria Africa Textiles plc is setting up an integrated Denim project in Ethiopia, which is the first such project in East Africa. "The 50 million US dollar state-of-the-art plant will initially produce 12 million metres of high quality denim fabric per annum," Kanoria Chemicals…
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Apparel and Textile News

Bangladesh Jute Products Face Anti-Dumping Probe

India has launched the investigation into imports of jute products from Bangladesh and Nepal on the request of Indian Jute Mills Association (IJMA), the directorate general of Anti-Dumping and Allide Duties (DGAD) has said. The DGAD said it has started the probe after finding what it described as sufficient prima facie evidence of dumping of jute products by Bangladesh and Nepal following a complaint by the IJMA. The DGAD said…
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Apparel and Textile News

Welspun Targets $5 Bn Revenue By 2020

Balkrishan Goenka - led Welspun Group has ambitious plans to raise its revenue to five billion US dollar by 2020 from the current figure of three billion US dollar, with its flagship textile business which is the country's largest and the world's third-largest home textiles manufacturer, expected to contribute half of its income. Mumbai-based Welspun Group has interests in home textiles and some other sectors. The group posted a revenue…
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Apparel and Textile News

Committee For A Comprehensive Policy For Revival Of Silk

An eight-member technical expert committee set up by the Karnataka government has recommended that the government should frame a comprehensive policy for revival of silk industry. The committee was set up in June this year following a meeting of sericulturists, reelers, and other stakeholders with chief minister Siddaramaiah in view of declining price of cocoons and raw silk. It was tasked to study cocoon and raw silk pricing, and their…
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