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Indian Economy GDP Expects to Grow by 7.2 %

After effects of Demonetisation and goods and services tax (GST), the Indian economy is screened to grow at its fastest pace in three years in the current fiscal 2018-19. The government said that India will retain its position as the world’s fastest growing economy. Gross domestic product (GDP) is expected to grow by 7.2 per […]

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January 16, 2019
6 Comments
270 Views

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Net Profit Of Arvind Ltd Falls Due To Higher Expenses

Textiles major Arvind Ltd reported a marginal decline of 0.92 per cent in consolidated net profit to Rs 96.92 crore for the fourth quarter ended March, on account of higher expenses. The company had posted a net profit of Rs 97.82 crore for the same period of previous fiscal. Its total income during the period […]

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May 12, 2017
5 Comments
359 Views

Apparel and Textile News Retail News

Myntra’s ‘End of Reason Sale’ Starts from January 3

Flipkart-owned fashion portal, Myntra has announced the ‘End of Reason Sale (EORS)’ to be held from January 3 to 5, 2017. The move is aimed at springing back from a dip in online business over the past two months due to demonetisation. This will follow the End of Seasons Sale by Amazon India scheduled on […]

appareltalk
December 30, 2016
35 Comments
294 Views

Apparel and Textile News Ministry of Textiles News

Smt. Smriti Irani presents AEPC 2015-16 Export Awards

The Union Textiles Minister, Smt. Smriti Zubin Irani presented the AEPC Export Awards, 2015-2016 at Hotel Taj Palace, here today. Smt. Smriti Zubin Irani encouraged AEPC and garment exporters to be a partner in the Government’s efforts towards job creation through value driven manufacturing and exports. The Union Minister of Textiles presented the awards comprising […]

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December 19, 2016
7 Comments
294 Views

Apparel and Textile News Trade Info News

Textile Units to provide Data on Production

The government has made another move post demonetization. They have made it mandatory for all textile units across the value chain, except handloom, khadi and jute, will have to register online and provide data on production. While the registration will be one-time, production details should be shared by the units every month. Units can do […]

appareltalk
December 16, 2016
3 Comments
351 Views

Apparel and Textile News Ministry of Textiles News

Indian Textile Hubs Adopt Digital Transactions

Ministry of textile is promoting cashless payment within the industry by encouraging textile workers, artisans and weavers to open bank accounts following the demonetisation of high currency notes. More than five lakh workers have opened their accounts in the last 10 days, and a large number of them belong to textile hubs like Tirupur, Bhiwandi […]

appareltalk
December 12, 2016
21 Comments
346 Views

Apparel and Textile News Ministry of Textiles News

Textiles Ministry to organise camps for opening Bank A/C

Ministry of textiles, regional office of the textile commissioner in Ahmedabad, has organised camps for opening bank accounts of workers in the sector to facilitate cashless payment following demonetisation. The camps are being set up with the help of industry association and banks in major locations where the textile industry is essentially concentrated. Workers in […]

appareltalk
December 3, 2016
5 Comments
353 Views

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Tag: demonetisation

Indian Economy GDP Expects to Grow by 7.2 %

Net Profit Of Arvind Ltd Falls Due To Higher Expenses

Myntra’s ‘End of Reason Sale’ Starts from January 3

Smt. Smriti Irani presents AEPC 2015-16 Export Awards

Textile Units to provide Data on Production

Indian Textile Hubs Adopt Digital Transactions

Textiles Ministry to organise camps for opening Bank A/C