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Government Initiatives Boost Spinning Mills Growth And Modernization

As per Annual Survey of Industry, Ministry of Statistics &

Environmentally Sustainable Production Practices Gain Momentum

In view of the growing global importance of environmentally sustainable

TechnoSport Opens 45th EBO In Bhagalpur, Expands Retail Reach

TechnoSport, India’s fastest-growing activewear brand, has announced the launch of

MSE-CDP Scheme Boosts MSME Cluster Growth Across India

Ministry of MSME is implementing Micro and Small Enterprises Cluster

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Arvind Shares Surge Over 10% on Fund Raising Plans
Apparel and Textile News Apparel Brands and Companies

Arvind Shares Surge Over 10% on Fund Raising Plans

One of India’s largest integrated textile and apparel company, Arvind Ltd one of India’s largest integrated textile and apparel Company, has today announced its decision to raise about Rs.740 crore by diluting 10 per cent stake in its brand business arm, pegging its enterprise value at Rs.8,000 crore. The entire stake will be picked up […]

Patanjali to Enter Textile Manufacturing Sector
Apparel and Textile News Apparel Brands and Companies

Patanjali to Enter Textile Manufacturing Sector

Patanjali Ayurved, an enterprise initiated by yoga guru Baba Ramdev, is entering the textile manufacturing sector. In addition to the already announced ‘Swadeshi Jeans’ range, the venture will manufacture saris, kurta-pajamas, shirts and coats. The company is eyeing to increase its growth rate from 100 per cent this fiscal to 200 per cent in the […]

H&M Opens its Third store in Mumbai
Apparel and Textile News Global News

H&M Opens its Third store in Mumbai

After Phoenix Market City and High Street Phoenix, the Swedish fashion retailer, H&M has opened one more store at Inorbit Mall, Malad in Mumbai. Fashion lovers can now shop across two floors of fashion inspiration, popular trends and timeless classics for women, men, teenagers and children. The 30,000 sq.ft space will have dedicated sections like […]

Craftsvilla Aim to Turn Profitable in Six Months
Apparel and Textile News Retail News

Craftsvilla Aim to Turn Profitable in Six Months

Online ethnic fashion, food and home decor marketplace Craftsvilla.com plans to launch in-house branded products in 2017 and is looking to turn profitable in the next six months. “We are considering launching our own in-house branded products next year in food, home decor and fashion,” Manoj Gupta, co-founder of Craftsvilla said. “The Sequoia Capital and […]

TT Limited Urges Govt to Stabilize Cotton Prices
Apparel and Textile News Apparel Brands and Companies

TT Limited Urges Govt to Stabilize Cotton Prices

In a bid to safeguard textile cotton spinning sector, Rikhab C. Jain Chairman, TT Limited, a vertically integrated concern and self-contained textile producer, garment manufacturer, has urged Narendra Modi, Prime Minister of India to stabilize cotton prices round the year. He suggested that Government agencies must purchase up to 80 lakh bales during the current crop […]

Kitex Garments Shares Soar 8%
Apparel and Textile News Apparel Brands and Companies

Kitex Garments Shares Soar 8%

Apparel maker Kitex Garments, panned for alleged corporate governance violations earlier this year after a stellar run on Dalal Street in the last three years, is back in the reckoning among investors. The company shares soared almost eight per cent to Rs.484.55 after the Kerala-based company’s shareholding for the September quarter showed investor Sanjay Bakshi’s […]

Manyavar Soaring New Heights with 438th Store
Apparel and Textile News Apparel Brands and Companies

Manyavar Soaring New Heights with 438th Store

Manyavar, Indian men’s ethnic fashion brand, inaugurated its 438thstore in Davangere in Karnataka. Being the 1st store in Davangere and 31st store in Karnakata, Manyavar will carry on creating everlasting signatures of respect and fashion. Men’s ethnic wear is a niche segment and it primarily relies on manual skill across the unorganised sector. Based out […]

ITPO signs MoU with DoC
Apparel and Textile News Trade Info News

ITPO signs MoU with DoC

Memorandum of Understanding (MoU) 2016-17 between India Trade Promotion Organisation (ITPO) and Department of Commerce (DoC), Government of India was signed by Shri L.C. Goyal, CMD, India Trade Promotion Organisation and Smt. Rita Teaotia, Secretary, Commerce, Govt. of India on 18.10.2016 in New Delhi. On this occasion, Shri L.C. Goyal, CMD, ITPO  mentioned that for […]

Commerce and Industry Minister launches the CIPAM Logo
Apparel and Textile News Ministry of Textiles News

Commerce and Industry Minister launches the CIPAM Logo

The logo of the Cell for IPR Promotion and Management (CIPAM) was launched yesterday by the Commerce & Industry Minister Smt. Nirmala Sitharaman. On the occasion she said that this is an ambitious task as India’s intellectual property related activities need great traction. The logo has been designed keeping in mind the slogan of the […]

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