by TANVI_MUNJAL | Nov 16, 2023 | Business & Policy, News & Insights
The upcoming round of negotiations for the potential free trade agreement between India and the UK is expected to witness discussions between the chief negotiators. Their primary objective will be to tackle the divergences about crucial matters such as the automotive...
by TANVI_MUNJAL | Nov 14, 2023 | Events Updates, News & Insights
Thanjavur Collector Deepak Jacob has arranged a meeting on November 17 to boost the mini textile park scheme (MTP) among entrepreneurs in the district. The scheme aims to encourage the establishment of small-scale textile parks on two-acre plots with a minimum of...
by TANVI_MUNJAL | Nov 14, 2023 | Events Updates, News & Insights
In a bid to promote ease of doing business for traders, the Commerce Ministry has announced a soft launch of the revamped electronic bank realization certificate (eBRC) on November 15. The eBRC is an essential document for exporters as it serves as confirmation from a...
by TANVI_MUNJAL | Nov 8, 2023 | Business & Policy, News & Insights
The KARL MAYER GROUP, a leading player in the textile industry, has embarked on a groundbreaking partnership with the Institute for Product Development at the Karlsruhe Institute of Technology (KIT) to bolster its position as a technological trailblazer. This...
by TANVI_MUNJAL | Oct 31, 2023 | Business & Policy, News & Insights
India has expressed its interest in the latest trade data from the five member nations of the Eurasian Economic Union (EAEU) as the two sides aim to begin discussions on a potential free-trade agreement (FTA), as stated by individuals familiar with the matter. The...
by TANVI_MUNJAL | Oct 29, 2023 | Business & Policy, News & Insights
More than 50 employees have been made redundant as an age-old textile factory in Dundee shuts down permanently. The factory, called Newman Bonar, formerly known as Bonar Yarns, had been rescued from closure twice earlier this year but has now been forced into...
by TANVI_MUNJAL | Oct 29, 2023 | Events Updates, News & Insights
The convocation ceremony of the National Institute of Fashion Technology (NIFT) in Gandhinagar was a moment of great pride as degrees were conferred upon 266 talented students. The degrees spanned various disciplines including fashion design, fashion communication,...
by TANVI_MUNJAL | Oct 29, 2023 | Events Updates, News & Insights
The ‘Scheme Benefit Distribution Ceremony took place on the third day of the ‘Tana-Bana District Handloom Expo-2023′ at IIM Sambalpur, a prestigious management institution in India. The Ministry of Textile, GoI provided financial assistance to 21 weavers from...
by TANVI_MUNJAL | Oct 29, 2023 | Business & Policy, News & Insights
In Thane district, a fire incident occurred on Saturday in a godown that stored discarded cosmetic items. The good news is that there were no casualties reported, according to a municipal official. The fire erupted in a shed-like structure where a considerable...
by TANVI_MUNJAL | Oct 28, 2023 | Apparel, Fashion & Retail, News & Insights
In Thane district, a fire incident occurred on Saturday in a godown that stored discarded cosmetic items. The good news is that there were no casualties reported, according to a municipal official. The fire erupted in a shed-like structure where a considerable...
by TANVI_MUNJAL | Oct 27, 2023 | Fabrics & Processing, News & Insights
The continuous rise in the import of dyed knitted fabrics, despite the imposition of import duties, is causing concern in Tamil Nadu’s textile industry, according to Prabhu Dhamodharan, the Convenor of the Coimbatore-based Indian Texpreneurs Federation (ITF)....
by TANVI_MUNJAL | Oct 26, 2023 | Finance & Economy, News & Insights
Spinning mills in Gujarat are currently finding themselves caught in the midst of a turbulent situation, grappling with rising costs and decreasing demand for their products both at home and abroad. Despite a slight reduction in cotton prices, they still remain higher...