by TEXTILE VALUE CHAIN | Jan 7, 2025 | News & Insights, Textile Technology
Microsoft chairman and CEO, Satya Nadella, on stage at the Microsoft AI Tour in Bengaluru where he announced US $3 billion investment in India for cloud and AI infrastructure over the next two years. Microsoft shared a comprehensive plan to train and skill 10 million...
by TEXTILE VALUE CHAIN | Dec 28, 2024 | Finance & Economy, News & Insights
Venture capital (VC) investments in India have surged in 2024, reaching $16.77 billion across 888 deals from January to November, according to the India Brand Equity Foundation (IBEF). This represents a 14.1 per cent increase in funding value and a 21.8 per cent rise...
by TEXTILE VALUE CHAIN | Dec 20, 2024 | Fibres and Yarns, News & Insights
Bristol, Virginia, December 19, 2024 – Universal Fibers, a pioneer in cutting-edge fiber solutions, keeps making significant investments to guarantee that consumers may access its selection of nylon 6,6 natural yarns as the fiber market develops. This proactive move,...
by TANVI_MUNJAL | Nov 27, 2024 | Finance & Economy, News & Insights
Odisha is gearing up for a major industrial transformation, with the state government aiming to attract a staggering Rs 5 lakh crore in investments over the next five years. This ambitious target was announced by Industries Department Minister Sampad Swain upon his...
by TANVI_MUNJAL | Nov 25, 2024 | Finance & Economy, News & Insights
Odisha’s Chief Minister, Mohan Charan Majhi, led a high-powered delegation to Singapore on a three-day roadshow to showcase the state’s immense potential for investment in the textile and apparel sector, among others. The event, held on Tuesday, attracted...
by TEXTILE VALUE CHAIN | Aug 5, 2024 | Finance & Economy, News & Insights
Coimbatore: Madhya Pradesh is emerging as a preferred destination for Tamil Nadu investors, particularly large-scale industrialists, Chief Minister Mohan Yadav announced on Thursday. During an interactive session on investment opportunities in the state, Yadav...
by TEXTILE VALUE CHAIN | Aug 5, 2024 | Finance & Economy, News & Insights
Bhopal: Madhya Pradesh Chief Minister Mohan Yadav on Thursday announced the establishment of an industry office in Coimbatore, Tamil Nadu, to bolster trade and investment ties between the two states. Addressing over 1,200 industry representatives at the ‘Invest MP’...
by TEXTILE VALUE CHAIN | Jul 10, 2024 | Business & Policy, News & Insights
In order to encourage the revival of industrial activity in the Donetsk People’s Republic, the Lugansk People’s Republic, Kherson, Zaporozhye, and Crimea—all of which joined the Russian Federation during the last ten years—Russia is providing a five-year...
by TEXTILE VALUE CHAIN | Jul 5, 2024 | Finance & Economy, News & Insights
Key Highlights: The government’s divestment plans, as outlined in the Union Budgets, have generally been ambitious and have missed their targets for five consecutive years. The performance of the divestment over the past few years has been impacted by financial...
by TEXTILE VALUE CHAIN | Jun 3, 2024 | Finance & Economy, News & Insights
British department store chain Frasers Group has increased its investment in Hugo Boss by acquiring shares and put options worth approximately €360 million. This showcases Frase.rs Group’s focus on expanding its portfolio with well-known brands. British department...
by TEXTILE VALUE CHAIN | May 24, 2024 | Business & Policy, News & Insights
Reiterates commitment to “Make in India” by increasing domestic production. Klüber Lubrication, a global expert in specialty lubricants, is proud to announce a significant expansion of its operations facility in Mysore, set to be fully operational at the...
by TEXTILE VALUE CHAIN | May 7, 2024 | Finance & Economy, News & Insights
Due to a gas shortage and fluctuating dollar markets, investment in the spinning sector in Bangladesh has slowed down over the past two years. Despite an increasing demand for local fabrics, no new spinning units were established last year. Garment exporters are now...
