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Analysis
18-June-2018
The Indian textile ministry, Smriti Irani had started the Mudra scheme where large state-run banks extend concessional loans to handloom weavers upto Rs. 5 lakhs in all states. Recently announced in the assembly by state minister for handlooms and te...
16-June-2018
The Department of Commerce is planning to open 10 offices in Indian missions abroad for accelerating export promotion activities. This was informed by Commerce & Industry Minister, Suresh Prabhu, during review of the sectoral export promotion plans p...
14-June-2018
Shoppers Stop, the fashion retailer in India has selected Rajiv Suri as its managing director (MD) and chief executive officer (CEO) with immediate effect. The retailer announced resignation of its MD Govind Shrikhande and said that Suri has been ele...
14-June-2018
The Ministry of Micro Small & Medium Enterprises (MSME) has initiated the Solar Charkha Mission which will be launched by the President, Ram Nath Kovind on June 27, 2018 in New Delhi. The Mission will cover 50 clusters and every cluster will employ ...
13-June-2018
International Finance Corporation (IFC) has recently reported that the trained workers can help to improve the productivity of Bangladesh ready-made garment (RMG) factories by 5 per cent. It also states that the trained female workers in the RMG fact...
13-June-2018
An outdoor functional fabrics manufacturer, Singtex has established an sustainable moderate stretch fabric with long-lasting performance - S.Leisure. The fabric features' comfort stretch ......
12-June-2018
The Confederation of All-India Traders (CAIT) from the Gujarat government has demanded to solve the problems associated with the e-way bills for textiles and other allied sectors....
12-June-2018
The leading denim manufacturer in India, Arvind Ltd., executive director, Kulin Lalbhai is planning to double its textile turnover by 2022 from Rs. 6,000 crores at present, will setup large factories in Gujarat, Karnataka, Jharkhand and Andhra Prades...
11-June-2018
The Powerloom Development and Export Promotion Council (PDEXCIL), the government body under the aegis of Ministry of Textiles and representatives of powerloom operators issued a press release demanding a fair mechanism for stability in yarn prices....
11-June-2018
Karl Mayer, knitting machinery maker in Germany has recently hosted two Tricot Circle events in Daman and Amritsar (India). The company presented its eco-friendly concept for the first time in the country as TERRY.ECO....
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