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2016-02-16 12:00:00
Capital subsidy extended to self financed textile units
Textiles minister Chandrakant Patil announced the policy of the Maharashtra Government to extend a capital subsidy to those textile units which are self-financed. Initially, Capital subsidy was
2015-11-09 17:00:00
Non release of funds put construction activities for textile park at halt
Only some land-levelling activities of the proposed textile park under the Scheme for Integrated Textile Parks (SITP), like the laying of the foundation stone for the construction of the compound
2015-10-27 12:00:00
Indian textile and garment firms may shift base to Vietnam
The Indian textile and garment companies facing duty disadvantage at home, some have already prompted to expand outside India in recent years. Moreover, with the recently negotiated Trans-Pacific
2015-09-09 16:00:00
Host of home grown apparel makers to set up manufacturing facilities in Ethiopia
Indian enterprises, both large and mid-sized are putting in millions of dollars for setting up manufacturing facilities in Africa’s oldest independent country, Ethiopia which is a promising
2015-08-21 14:22:00
Indian textile makers focus on innovations to grab overseas markets
Top textile manufacturers are focusing more on research and development (R&D) to position their growing business overseas and are projecting higher revenue notwithstanding the weak global markets.
2015-08-21 10:00:00
Textile companies filing for patents to maintain their market
Top textile companies to enhance export market share have started spending on research and development (R&D) to come out with newer products as they feel it is the only way to keep their market and
2015-06-03 14:00:00
DMA and NITMA delegation visit Vietnam to explore market
A 13-member delegation representing Denim Manufacturers Association (DMA) and Northern India Textile Mills Association (NITMA) recently visited Vietnam to explore the market. Some textile players
2015-04-26 12:10:00
Nextt plans to participate in Make in India initiative
Nextt, US-based home textile company has decided to participate in the 'Make in India' initiative by launching its products in the country early next year. The company are in discussions with
2015-04-16 17:00:00
Nextt plans to introduce its popular brands to Indian consumers
Nextt, a $500 million US based home textile company that manufactures home textiles, garments, apparel fabrics and polyester yarns, sells popular brands such as Trina Turk, Kathy Ireland, Jessica
2014-12-06 09:00:00
Indian textile firms Q2 net profit affected over erratic costs and demand cycle
India is the second largest producer of textiles and garments in the world. The Indian textiles and apparel industry is expected to grow to a size of US$ 223 billion by 2021. But during the Q2 of
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