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L&T Heavy Eng LLC to open plant in Oman tomorrow15-NOV-09
Engineering firm L&T Heavy Engineering LLC is set to open a high tech manufacturing facility in Sohar, Oman, tomorrow to augment its existing modular fabrication facility.
Fashion forward14-NOV-09
Fashion designer Rajesh Pratap Singh does a bit of backward integration to weave his own fabrics.
Apparel makers may favour Taiwanese fabrics13-NOV-09
Due to the recent economic slump, apparel exporters have tried to cut their production costs by sourcing low-cost fabric from China. This has hit imports from Taiwan, considered superior in functionality fabrics but more expensive than Chinese. However, on the back of the optimism in the market, Taiwanese fabric makers are hopeful that Indian exporters might re-look at Taiwanese fabrics.
Can CBEC classification be prospective when it is legally retrospective09-NOV-09
A fine legal question has arisen which is whether a board's circular can make a classification prospective when legally it is retrospective. This has arisen because of a Supreme Court judgement in the case of Jai Fibres Ltd vs CCE, Mumbai — 2007(218)ELT484(SC) interpreting the retrospectivity of classification on the basis of a CBEC Circular No.54/12/91-CX.
DuPont to double headcount31-OCT-09
Gurgaon-headquartered DuPont India, a science-based products and services company, plans to double headcount to 3,000 employees in the next two to three years. This is in line with the company’s plans to focus on emerging markets like India in the coming years. The expansion in headcount will come across nearly 13 of its business verticals including agriculture and nutrition, construction, automotives, renewable energy, textiles and chemicals. The company has 1,500 employees in the country at present. Under the hiring drive, the company plans to recruit scientists for its R&D centre in Hyderabad, engineers for its technical team and personnel for sales and marketing.
Apparel makers eye China for low cost fabrics27-OCT-09
The Chinese Yuan seemingly pegged to the falling US dollar, it is helping Indian apparel companies find inputs for the products at bargain prices.
Marrakesh on my shelf24-OCT-09
While her company continues to export rich Indian fabrics and embroidered linen products all over the world, Sarita Handa's own home resonates with not just Indian weaves and textures but also fascinating objects culled from flea markets.
GI status sought for Bhagalpur silk fabrics and sarees21-OCT-09
A group of organisations have sought Geographical Indication (GI) status for silk fabrics and sarees produced in Bhagalpur division of Bihar.
Arvind Singhal: A new class of entrepreneurs24-SEP-09
Over the last two decades, India’s socio-economic fabric has seen an unprecedented change. Such is the nation’s demographic profile, this change is not yet complete and will continue at the same fast pace for the next two or more decades before some semblance of steadiness is achieved.
Jagjanani Textiles in talks with Arvind, Jindal for fabric outsourcing18-SEP-09
Making good of its latest technology in manufacturing shirts, bottom wear fabric and other special fabric, Jaipur-based Jagjanani Textiles Limited is tying up with textile majors like Arvind Ltd. and Jindal Worldwide for outsourcing projects.
Gold demand to slip by 15 per cent worldwide in 2009: GFMS14-SEP-09
Jewellery fabrication business worldwide is likely to fall in 2009 on high gold prices with offtake forecast to slip by 15 per cent compared to the year-ago period, a latest report says.
Mafatlal Industries to alter product mix10-JUL-09
Mafatlal Industries, a flagship company of Arvind Mafatlal Group, is planning to increase production of school uniform and corporate uniform by reducing capacity of non-profitable product ranges like industrial fabrics, sheeting’s, government supply products etc.
Exports of cotton yarn and fabric down 45% in March05-JUN-09
Exports of India's cotton yarn and fabric declined by more than 45 per cent in March to $237 million over the same month last year due to the global slump in demand, according to the Commerce Ministry.
'Handloom is fabric of the future'25-MAY-09
Handloom Weavers Cooperative Society of Gajendragad in Gadag district, Shri Shakambhari Weavers Cooperative Society of Sulebhavi in Hungund taluk of Bagalkot district, designer Gopikrishna of Belgaum and T V Hasilkar of Guledgudda of Bagalkot district have been selected for the award.
IDCOL moves HC for cancellation of SPA with Varsa Fabrics17-APR-09
The state-owned Industrial Development Corporation of Orissa Ltd (Idcol) has moved the Orissa High Court for cancellation of the Sale and Purchase Agreement (SPA) signed by it with the Kolkata-based Varsa Fabrics Private Ltd (VFPL).
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