Page 8 - Textile Industry

Factory reset: Okhla MSMEs limp back, garment units still ailing

Export logistics are troubling many industries. While some are facing container shortages, others are looking at increased freight costs in key markets

Grasim Industries net profit rises 2 times to Rs 1,384 crore in Q3

All key businesses have outperformed pre-Covid operational levels

Fashion choreographer Prasad Bidapa's take on best, worst things in Budget

The best thing about the Budget is that it's citizen-centric and investment-based, a national Budget for Indians, says Bidapa

Budget 2021: Textile industry welcomes setting up 7 mega textiles park

The textile industry welcomed the setting up of 7 mega textiles parks proposed in the Union Budget 2021-22, saying this will make the industry globally competitive

Smriti Irani lauds textiles sector for production of masks, PPE kits

Union Minister Smriti Irani on Saturday lauded the textiles industry for its commendable work in upping production of PPE kits and masks multi-fold amid the coronavirus pandemic

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

Himatsingka Seide, KPR Mill: Trading strategies for textile stocks

According to experts, demand from the home textile industry is expected to remain supportive in the near-to-medium term

Coming out of the woods: Grasim's core biz sees significant recovery in Q2

Improving prospects of core businesses to drive earnings, and better outlook for subsidiaries to reduce holding company discount

Textile houses step up antiviral apparel launch as Covid-19 cases spike

Companies started their journey by manufacturing reusable masks and Personal Protective Equipment (PPE) kits, and today, they are offering a range of PPE clothing along with fashion and casual wear

Festive order spike brings respite to ailing Surat textile industry

Yet, continual rise in Covid cases remains a worrying sign

Clothiers turn to anti-viral fabric, innovative means to take measurements

Raymond, one of India's largest suit makers recently re-opened most of its 1,000-plus stores across the country

Hosiery exporters seek extension of loan moratorium by 6 months up to March

Exporters said the financial position of the knitwear garment units in Tirupur has not improved and they were not in a position to repay the loan and interest

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

Asia to remain dominant player in garment sector in coming decade: Report

It identified India and Indonesia as potential recipients of manufacturing shifts and growth in terms of global apparel export share

Spike in Covid-19 cases halts revival of Surat's synthetic textile industry

Business activity across value chain is at 5-10% of the pre-pandemic level

Delay in clearing 500 containers hits textile industry in Tamil Nadu

The consignments, which have mainly come from China, have not been cleared for the past 10 days even after customs duty has been paid in certain cases

India is not much behind in capability, what we lack is scale: Gokaldas MD

Self-dependence should be interpreted as producing high quality goods required for Indian and global consumption in India with as much value addition as possible in the country, he said

Apparel makers ramp up production of PPE kits to 800,000 units per day

The AEPC has requested the government to lift the ban on the export of PPE kits and has sent letters to Minister of Commerce and Industry Piyush Goyal and Minister of Textiles Smriti Zubin Irani

Textile demand may decline 25-35% in FY21 due to slowdown: Report

The demand of yarn, fabric and apparels is set to remain muted throughout first half of the financial year 2020-21

After long stint, retrenched Raymond staff stare at tough legal battle

Company denies retrenching 'workers', says cost rationalisation has impacted some managerial positions