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Tag: textiles

No Plan to revive closed Textile Mills in Odisha
Apparel and Textile News Trade Info News

No Plan to revive closed Textile Mills in Odisha

Although being famous for its Bomkei and Berhampuri designs, known for Sambalpuri because of its Ikat type of weaving, Odisha has reportedly not produced any textile products in last five years. State’s handlooms, textiles and handicrafts minister, Snehangini Chhuria said that government has no knowledge if any units run by the central government and private […]

Investors Agony Over Textile Park Delay
Apparel and Textile News Trade Info News

Investors Agony Over Textile Park Delay

Entrepreneurs, interested in setting up units at the Padalur Textile Park in Tamil Nadu have demanded infrastructure development of the Park on war footing, as it has been delayed for long. When the proposal was mooted by the government, around 30 entrepreneurs had shown interest in setting up facilities there. The delay was primarily due […]

Arvind Sells Stake in Branded Apparel Business Subsidiary
Apparel and Textile News Apparel Brands and Companies

Arvind Sells Stake in Branded Apparel Business Subsidiary

India’s biggest textiles and branded apparel major, Arvind Ltd said that it has raised Rs.740 crore from the market by diluting stake in subsidiary – Arvind Fashions Ltd. The company has completed the transaction and raised the amount from Multiples, a private equity firm, the company informed BSE in a filing. “We hereby inform you […]

TEA Reposes Full Faith on the Govt. at the Centre to Build ‘Brand India’
Apparel and Textile News Ministry of Textiles News

TEA Reposes Full Faith on the Govt. at the Centre to Build ‘Brand India’

The president of Tirupur Exports Association, Mr. A. Sakthivel has said that the industry has reposed full faith on the government at the centre under the dealership of Mr. Narendra Modi and is expecting positive signs in the coming years. Prime minister also stressed the importance of manufacturing ‘made in India’ and “we expect that […]

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