by TEXTILE VALUE CHAIN | Jul 26, 2023 | Business & Policy, News & Insights
The deal will help Eastman Exports Global Clothing Pvt Ltd increase its capacities while Bharat Biotech Group continues to invest in India’s growth story Bangalore, July 26: In a strategic move, Tamil Nadu-based knitwear firm Eastman Exports Global Clothing Private...
by TEXTILE VALUE CHAIN | Jul 17, 2023 | Finance & Economy, News & Insights
Mumbai, 12th July 2023: EV smart battery manufacturer Neuron Energy has successfully raised INR 200 million in their Pre-Series A Round. The investment was led by Equanimity Investments and the Rajiv Dadlani Group and also saw participation from Chona Family Office...
by TEXTILE VALUE CHAIN | Jul 8, 2023 | Apparel, Fashion & Retail, News & Insights
The retail asset securitisation market has experienced its highest volume in the first quarter of the last five years, indicating significant growth and strong market demand. This growth can be attributed to high credit growth, originators’ aim to diversify...
by DIGITAL MEDIA EXECUTIVE | Jun 10, 2023 | Textile Industry
Since Telangana’s creation, there has been a notable increase in employment prospects in the district that was once known as Warangal. With an impressive investment of Rs. 5,960 crore, 1,825 large industrial units have been built in the district as a result of...
by DIGITAL MEDIA EXECUTIVE | Jun 8, 2023 | Corporate Update
Chad Altbaier and David Wang have been promoted to co-CEO positions at Standard Fibre, one of the world’s largest innovators and suppliers of home textiles. They will be responsible for steering the business in a bold new direction of advanced textile...
by DIGITAL MEDIA EXECUTIVE | Jun 5, 2023 | Business & Policy
A major EV fast-charging rollout is planned by a US retail company. Walmart, a US retailer, has said that it will install fast charging stations at thousands of its locations around the country. The largest retailer in the nation, Walmart, which generates annual sales...
by DIGITAL MEDIA EXECUTIVE | Jun 1, 2023 | News & Insights
A medical device manufacturing facility will be built in Tamil Nadu by Omron Healthcare, a manufacturer and distributor of personal healthcare items with headquarters in Japan, at a cost of 128 crore rupees. According to a statement from the State government, a...
by DIGITAL MEDIA EXECUTIVE | May 27, 2023 | Finance & Economy
The Reserve Bank of India (RBI) stated in its most recent State of the Economy report that private consumption is anticipated to be the primary driver of growth in India’s gross domestic product (GDP) in the first quarter (Q1) of the fiscal 2023–24. According to...
by DIGITAL MEDIA EXECUTIVE | May 25, 2023 | News & Insights
According to Piyush Goyal, the minister of commerce and industry, the nations and economic blocs with which India is negotiating trade and economic accords want to move the talks along quickly and come to an end. Everyone wants us to expedite agreements. The...
by DIGITAL MEDIA EXECUTIVE | May 25, 2023 | Fibres and Yarns
Manufacturers have a variety of alternatives to include sustainable yarns into carpet solutions and meet sustainability goals more quickly and effectively, thanks to the specialist in polyamide (PA) 1 step 3 ply yarns. “Yarn is the primary component of carpets...
by DIGITAL MEDIA EXECUTIVE | May 23, 2023 | Import/Export
India has a very long history with textiles. India has long been known as the land of beautiful fabrics and is home to a textile industry that has played a significant role in the development of the nation. However, the nation’s recent success in international...
by DIGITAL MEDIA EXECUTIVE | May 23, 2023 | TEXTILE PARK
While opening a massive textile park here, he noted that additional investment in other areas of the state is anticipated to total nearly 8,675 crore. Under the PM Mega Integrated Textile Regions and Apparel (PM MITRA) concept, the central government has previously...