by TANVI_MUNJAL | Nov 4, 2024 | Business & Policy, News & Insights
The Indian textile industry is poised to enter a new era of sustainable manufacturing with the advent of Industry 5.0. A recent study by PwC India reveals that the sector is expected to reap significant benefits from this technological revolution, with potential...
by TANVI_MUNJAL | Nov 4, 2024 | Finance & Economy, News & Insights
In a bid to attract investment in the textile sector, Bihar has extended an olive branch to Punjab’s industrial hub, Ludhiana. A high-level delegation from Bihar, led by Industries Secretary Bandana Preyasi, visited the city on Wednesday to engage with industry...
by TANVI_MUNJAL | Nov 4, 2024 | News & Insights, Textile Industry
The Indian textile and apparel industry is riding high on the latest report from the US International Trade Commission (USITC). The report highlights India’s growing prominence as a reliable and competitive source of apparel for American buyers. A key factor...
by TANVI_MUNJAL | Nov 1, 2024 | News & Insights, Textile Industry
The Indian textile sector has been caught in a complex web of shifting global dynamics, as revealed by a recent analysis of export trends from 2017-18 to the first quarter of 2024-25. While certain segments have witnessed substantial growth, others have experienced...
by TANVI_MUNJAL | Oct 21, 2024 | Business & Policy, Finance & Economy, News & Insights
India’s textile industry is poised for a remarkable transformation, driven by substantial investments and government initiatives. A recent announcement by the textiles ministry revealed that the sector is on track to reach a staggering $350 billion by 2030. PM...
by TANVI_MUNJAL | Oct 8, 2024 | Business & Policy, Finance & Economy, News & Insights, Textile Industry
In a significant meeting on Saturday, the Tiruppur Exporters Association (TEA) presented a memorandum to the Textile Secretary, Rachna Shah, and Joint Secretary Rajeev Saxena, outlining key demands to bolster the region’s textile industry. The TEA highlighted...
by TANVI_MUNJAL | Oct 3, 2024 | Industry And Cluster, News & Insights, Textile Industry
The Indian textile industry is gearing up for a promising year, driven by a combination of factors including increased export demand, resilient domestic consumption, and favourable geopolitical conditions. The ready-made garments (RMG) sector is expected to witness a...
by TANVI_MUNJAL | Dec 30, 2023 | Finance & Economy, News & Insights
The Indian textile industry, the second-largest employer in the country, is experiencing a period of rapid expansion. Propelled by factors such as rising domestic demand, government initiatives, and global trade agreements, the industry is witnessing a surge in...
by TANVI_MUNJAL | Dec 30, 2023 | Business & Policy, News & Insights
Arvind Fashions, the Bengaluru-based company known for selling popular brands such as Arrow, Tommy Hilfiger, and Calvin Klein, has set its sights on becoming a zero-debt company within the next two years. The company’s vice chairman, Kulin Lalbhai, revealed that...
by TANVI_MUNJAL | Dec 23, 2023 | News & Insights, Textile Technology
With a successful history spanning over 50 years, Dino Zoli Textile has established itself as a prominent Italian company specializing in textile production and supply. Over the years, the company has remained at the forefront of innovation, catering to the evolving...
by TANVI_MUNJAL | Dec 23, 2023 | Finance & Economy, News & Insights
Gokaldas Exports Limited, an esteemed Indian company established in 1979, has emerged as a frontrunner in the apparel manufacturing and export industry. With a wide range of products encompassing outerwear, activewear, and fashion wear suitable for all seasons,...
by TANVI_MUNJAL | Dec 22, 2023 | Fibres and Yarns, News & Insights
RSWM, a prominent name in the textile industry, has solidified its position as one of India’s largest manufacturers and exporters of synthetic and blended spun yarns. With a focus on quality and an extensive product range, RSWM caters to renowned textile players...