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Apparel and Textile News Trade Info News

Seminar on Sustainable Textile Industry by VITAS

Vietnam Textile and Apparel Association (VITAS) together with the Korea Institute of Industrial Technology (KITECH) will host a seminar on sustainable textile industry in Hanoi on July 13. The seminar on ‘smart manufacturing system for sustainable textile industry’ will be a boost for textile industries in Vietnam to become a part of industrial revolution. The […]

appareltalk
June 2, 2017
2 Comments
329 Views

Apparel and Textile News Trade Info News

AEPC, Texprocil & TEA Seek continuation of ROSL Scheme

The Apparel Export Promotion Council (AEPC), the official body of apparel exporters in India, has sought continuation of the ‘Rebate of State Levies (ROSL) on Export of Garments’ scheme in its current form under the Goods and Services Tax (GST) regime. The GST Council will decide on tax rates for the textile and garment sector […]

appareltalk
June 1, 2017
3 Comments
374 Views

Apparel and Textile News

GST to lead expansion of Tax Base

The extension of the GST to both fabrics and apparel is expected to lead to a very substantial expansion of the tax base. Assuming even a modest compliance in the sector, a 5 per cent GST would generate revenues to the tune of Rs. 11,000 crore, a three-fold increase over current revenues from the sector,according […]

appareltalk
June 1, 2017
32 Comments
414 Views

Apparel and Textile News Apparel Brands and Companies

ABFRL to downsize Forever 21 outlets

Aditya Birla Fashion & Retail (ABFRL) has decided to downsize and rightsize the Indian franchisee outlets of US brand ‘Forever 21’ to make the lable profitable. ABFRL had acquired the retailing rights of Forever 21 in 2016 from Diana Retail, a wholly owned subsidiary of DLF Brands, through a slump sale of the business undertaking […]

appareltalk
June 1, 2017
1 Comment
471 Views

Apparel and Textile News Apparel Brands and Companies

Arvind Ltd. Records 10 % growth for the quarter ended in 2017

Textile major, Arvind Ltd., has recorded 10 per cent growth in its consolidated revenue at Rs. 2,465 crore for the quarter ended March 31, 2017, as against Rs. 2,233 crore in the corresponding quarter of the previous year. For the financial year, the company reported 15 per cent growth in revenue at Rs. 9,236 crore. […]

appareltalk
June 1, 2017
2 Comments
379 Views

Apparel and Textile News Trade Info News

Higher GST will cost Surti Sari more

Indian man-made fabric (MMF) manufactured in Surat, which made saris and dress material is targeting mainly the poor and lower middle class consumers supplied its products throughout the country. If the central government implements 12 percent GST on fabrics made of MMF and 18 percent on branded textiles, the cheapest sari sold at Rs 200 […]

appareltalk
June 1, 2017
4 Comments
366 Views

Apparel and Textile News Apparel Brands and Companies Trade Info News

Lingerie market gears up for momentous changes

Growing at a steady rate over the past few years, the dependency of lingerie for functional as well as fashion purposes has propelled its growth further resulting in the global lingerie market being valued at 33.18 billion US Dollar in 2015, which is expected to be worth 55.83 billion US Dollar by the end of […]

appareltalk
June 1, 2017
32 Comments
364 Views

Apparel and Textile News Trade Info News

Apparel Industry Slowly Making a Recovery

After a slowdown in Q3 post-demonetization business, Clothing Manufacturers Association of India’s (CMAl’s) Apparel index for January-March 2016-17 reveals that the Indian apparel industry is slowly and surely making a recovery. The Q4 Index shows overall growth has improved mildly with overall lndex Value moving up to 2.25, compared to 1.4 points in Q3. Similar […]

appareltalk
May 31, 2017
1 Comment
356 Views

Apparel and Textile News Trade Info News

Tamta assures help boost Silk production in Manipur

Union minister of state for textiles Ajay Tamta said that the centre will extend all possible help in promoting silk production in Manipur. Manipur is the largest producer of silk in the entire North Eastern region and there are varieties of silk available there and scientist of the station needed to look into the process […]

appareltalk
May 31, 2017
2 Comments
371 Views

Apparel and Textile News Events and Exhibitions News Global News

Reputed Knitting Machinery makers to participate in YiwuTex

Top-notch knitting and hosiery enterprises, including Zhejiang Yexiao (knitting machinery product development and manufacturing enterprise) and Hefei Opek (fully computerized jacquard hat and scarf knitting machine manufacturer) will present their technology and production equipment at the 18th edition of YiwuTex beginning in China from June 13. Zhejiang Yexiao and Hefei Opek will be part of […]

appareltalk
May 31, 2017
2 Comments
343 Views

Apparel and Textile News Trade Info News

Apparel Tech-up concludes in Dhaka

ThreadSol, the pioneer in enterprise material management for sewn products’ industry, assembled top garment manufacturers, technocrats and top technology providers to imagine the future of the garment manufacturing business in Bangladesh during the recent edition of ‘Apparel Tech-up’ organised in Dhaka. The event explored a range of pivotal subjects set to impact the future of […]

appareltalk
May 31, 2017
2 Comments
371 Views

Apparel and Textile News Apparel Brands and Companies

Rs 906 crore turnover of Dollar in FY 17

Hosiery major Dollar Industries Limited registered a turnover of Rs 906 crore for the financial year 2016-17 as against Rs 830 crore during the previous financial year, as per the audited financial result, recording a revenue growth of 9.15 per cent. Revenue for Q4 financial year’17 was Rs 282 crore, witnessing a growth of 23.24 […]

appareltalk
May 30, 2017
50 Comments
331 Views

Government Initiatives Boost Spinning Mills Growth And Modernization

Environmentally Sustainable Production Practices Gain Momentum

TechnoSport Opens 45th EBO In Bhagalpur, Expands Retail

MSE-CDP Scheme Boosts MSME Cluster Growth Across India

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Government Initiatives Boost Spinning Mills Growth And Modernization

Environmentally Sustainable Production Practices Gain Momentum

TechnoSport Opens 45th EBO In Bhagalpur, Expands Retail Reach

MSE-CDP Scheme Boosts MSME Cluster Growth Across India

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Seminar on Sustainable Textile Industry by VITAS

AEPC, Texprocil & TEA Seek continuation of ROSL Scheme

GST to lead expansion of Tax Base

ABFRL to downsize Forever 21 outlets

Arvind Ltd. Records 10 % growth for the quarter ended in 2017

Higher GST will cost Surti Sari more

Lingerie market gears up for momentous changes

Apparel Industry Slowly Making a Recovery

Tamta assures help boost Silk production in Manipur

Reputed Knitting Machinery makers to participate in YiwuTex

Apparel Tech-up concludes in Dhaka

Rs 906 crore turnover of Dollar in FY 17