Page 2 - Textile Companies
Steel, auto, textile companies at heart of PLI scheme job target
The government's ambitious target of generating over 6 million jobs in five years from PLI scheme will hinge on five of the 14 specified sectors reaching the magic numbers
 "Steel, auto, textile companies at heart of PLI scheme job target")
Textile PLI scheme: 35 companies line up Rs 10,000-crore investment
The textile sector is worried about the stringent parameters, including the Rs 600-crore turnover and targets of additional incremental turnover of 25 per cent over the preceding year
 "Textile PLI scheme: 35 companies line up Rs 10,000-crore investment")
KPR Mills, Raymond, Arvind: PLI scheme may trigger rally up to 23%
The shares of textile sector have witnessed renewed buying interest by market participants after the Union Cabinet approved the production-linked incentive (PLI) scheme on Wednesday.
 "KPR Mills, Raymond, Arvind: PLI scheme may trigger rally up to 23%")
Gokaldas Exports extends gains on commencement of operation at new unit
The company said it has a strong order book and is in the process of augmenting its capacity over the near term, to meet demand and clear Q1FY22 production backlog
 "Gokaldas Exports extends gains on commencement of operation at new unit")
Immense scope to create multiple textile hubs in Bihar: Industries minister
Bihar's Minister of Industries Syed Shahnawaz Hussain said there is an immense scope to create multiple textile hubs across the state.
 "Immense scope to create multiple textile hubs in Bihar: Industries minister")
Textile trading comes to a standstill in Surat amid second Covid-19 wave
The second wave of the pandemic has hit the medium- and small-scale sector like a tsunami. The first of a five-part series looks at the crisis
 "Textile trading comes to a standstill in Surat amid second Covid-19 wave")
Welspun India spurts 10% on rating upgrades by India Ratings
The upgrade reflects WIL's better-than-Ind-Ra-expected balance sheet deleveraging through a strong operational performance
 "Welspun India spurts 10% on rating upgrades by India Ratings")
Garment sector hopeful of achieving growth in 2021, says industry body
The textile and apparel sector is confident of achieving the much needed growth in 2021
 "Garment sector hopeful of achieving growth in 2021, says industry body")
Low-value focus a loose fit for India's textiles and clothing sector
The fourth in a five-part series analyses factors derailing the country's apparel industry
 "Low-value focus a loose fit for India's textiles and clothing sector")
Covid-19: Synthetic textile companies seek financial package to pay wages
The demand comes in the wake of closure of factories, wholesale and retail outlets due to the nationwide lockdown announced by the government on March 25
 "Covid-19: Synthetic textile companies seek financial package to pay wages")
K Radharaman of the House of Angadi is reinventing the weave
How K Radharaman, founder of Bengaluru's House of Angadi, is helping to shape the course of India's textile history
 "K Radharaman of the House of Angadi is reinventing the weave")
Industry 4.0: How textile firms are using tech to become smart, sustainable
Indian textile industry is waking up to the possibilities of using Industry 4.0 concepts
 "Industry 4.0: How textile firms are using tech to become smart, sustainable")
Rising cotton price to hit margins of textile companies
Cotton, the key raw material for textile and apparel production, has become costlier by 6 per cent in March alone
 "Rising cotton price to hit margins of textile companies")
Textile companies see profit revival in second quarter
Profit remained under pressure over traders' strike and extended impact of demonetisation
 "Textile companies see profit revival in second quarter")
