Raymond, textile major has signed Memorandum of Understanding with Maharashtra government for setting up integrated textile manufacturing plant an investment of Rs 1,400 crore in state’s Amravati district, chairman and managing director Gautam Hari Singhania told reporters on the sidelines of the ongoing Make in India Week held in Mumbai today.
Singhania said that the state government wants to develop a very large textile park in the district. And he was happy that the state government has moved in approving the project for which they has taken 500 acres of land in Amravati to set up textile manufacturing facilities.
He also said that his company, Raymond has been manufacturing in India and Maharashtra in particular since 1925 has one of their factories located in the Thane district of the state.
After Raymond announcing its investment , four more textile parks are likely to come up within the state. The state Chief Minister Devendra Fadnavis, wants to develop the textile parks in Amravati as his dream project.
The state government is doing its best to promote industry within Maharashtra .
The North Face has introduced a new sustainable collection that focuses on everyday essentials designed for use beyond outdoor settings.
Egypt’s textile industry is undergoing one of the most important expansions in its modern industrial history.
Bangladesh’s ready-made garment (RMG) industry has reached a milestone in its sustainability journey by securing 38 new LEED-certified green factories…
Tokyo-based Teijin Frontier has developed a new multi-functional textile for sports and outdoor clothing that offers improved comfort and cooling…
In a major step towards reviving Telangana’s handloom traditions and environmentally responsible fashion, BRS Working President launched Singidi Collective.
The latest Mini models make wide use of recycled knitted fabrics in their interiors, combining simplicity, sustainability, and modern aesthetics.