Major textile players seen enticed to Warangal textile park

News Tags: 000 crore, 450 crore, Gujarat based Nandan Denim of Chiripal group, investment will create jobs, Korean company, newly inaugurated Kakatiya textile park, proposed to invest about Rs 1, proposed to invest about Rs1, textile players, Warangal, Welspun Group, Youngone Corporation

Hyderabad
Major textile players seen enticed to Warangal textile park
Summary: 
At the newly inaugurated Kakatiya textile park in Warangal, among others textile players, Welspun group and Gujarat based Nandan Denim of Chiripal group have proposed to invest about Rs1,450 crore. Welspun and Nandan Denim will be investing Rs 750 crore and Rs 700 crore, respectively.

At the newly inaugurated Kakatiya textile park in Warangal, among others textile players, Welspun group and Gujarat based Nandan Denim of Chiripal group have proposed to invest about Rs1,450 crore. Welspun and Nandan Denim will be investing Rs 750 crore and Rs 700 crore, respectively.

While the Korean company Youngone Corporation has proposed to invest about Rs 1,000 crore,

http://www.financialexpress.com/industry/textile-park-attracts-rs-3020-cr-investments/903762/
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Arvind tops for energy conservation in textile sector during 2014

News Tags: Arvind Limited, denim major, energy conservation, Ministry of Power, power usage, textile players, textile sector, thermal energy, utilization of day light

Ahmedabad
Arvind tops for energy conservation in textile sector during 2014
Summary: 
Arvind Limited, denim major ranked first among 70 textiles players scrutinized the Ministry of Power on the National Energy Conservation Day on 14 December 2014. Arvind achieved nearly 22 percent reduction in specific consumption in thermal energy and 18 percent reduction in power usage from last financial year in the textile sector.

Arvind Limited, denim major ranked first among 70 textiles players scrutinized the Ministry of Power on the National Energy Conservation Day on 14 December 2014. Arvind achieved nearly 22 percent reduction in specific consumption in thermal energy and 18 percent reduction in power usage from last financial year in the textile sector.

The company bagged National Energy Conservation Award 2014 of the Ministry of Power, Government of India on Sunday.

http://www.thehindubusinessline.com/companies/arvind-bags-energy-conservation-award/article6694792.ece
Company News
0

Nigerian textile and apparel sector pointing out signs of progress

News Tags: indigenous product, Manufacturers Association of Nigeria, Nigeria Textile Manufacturers Association, Nigerian apparel and textile sector, Nigerian environment, raw material, signs of improvement, textile players

Nigeria
Nigerian textile and apparel sector pointing out signs of progress
Summary: 
The apparel and textile sector showing signs of improvement despite continuous challenges that have brought a number of textile players to their knees as they continue to remind determined to survive the Nigerian environment.

The apparel and textile sector showing signs of improvement despite continuous challenges that have brought a number of textile players to their knees as they continue to remind determined to survive the Nigerian environment.

In the first half of 2013 (H1 2013), capacity utilisation in the sector was 37.4 percent. But by the second half (H2 2013), this had risen to 44.9 percent as per data from the Manufacturers Association of Nigeria (MAN).

http://businessdayonline.com/2014/08/textile-footwear-sector-fortunes-look-up/#.U-hS2KNzFUw
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