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Chhattisgarh receives proposals of Rs 6,000 crore at investors' meet in Mumbai

Chhattisgarh receives proposals of Rs 6,000 crore at investors...

Thu, Jan 23, 2025

Chhattisgarh on Thursday attracted investment proposals worth Rs 6,000 crore from leading companies in different sectors, including plastic, textile, IT and food processing, an official statement said.

This textile company's subsidiary bags export order of $43.87 million

This textile company's subsidiary bags export order of $43.8...

Fri, Aug 30, 2024

SDBS has been a distributor of granite and marble for the past nine (9) years and has a dealer network of over 5000 in 14 African countries.

Unraveling Cotton's Condition: Import-Export Insights

Unraveling Cotton's Condition: Import-Export Insights

Tue, Jun 25, 2024

What is the situation regarding cotton? How will be the import and export? Watch the special conversation with Textile Commissioner

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Piyush Goyal Urges Industry "To Speak In One Voice" At CITI Textile Sustainability Awards

Piyush Goyal Urges Industry "To Speak In One Voice" At...

Tue, Feb 27, 2024

Union Minister Piyush Goyal addresses the CITI Textile Sustainability Awards 2024, applauding PM Modi's initiatives in advancing the textile sector and stressing the importance of industry unity and partnership for progress. Goyal emphasizes the need for stakeholders to understand each other's requirements and strengths for mutual benefit.

Textile manufacturers face setbacks due to ongoing geopolitical conflicts

Textile manufacturers face setbacks due to ongoing geopolitical c...

Mon, Nov 06, 2023

Textile manufacturers of Tirupur and Coimbatore have halted production for 20 days from today due to the severe impact on textile sale due to the ongoing geopolitical conflicts. With 2 lakh power-looms and 30 thousand auto-looms in the region, the production of 1 crore meters of fabric has been paused. About 1500 crore rupees trade has been affected so far and about 5 lakh laborers engaged in the power loom sector alone are likely to lose jobs.

Alessandro Vittore: Popular UK-based clothing brand eyes Indian m...

Mon, May 08, 2023

Alessandro Vittore, one of the most popular textile brands in the UK, has set its sights on India to become its biggest market as they launch in the sub-continent.

Textile entrepreneurs hope for better stability with reduction in freight charges, cotton prices

Textile entrepreneurs hope for better stability with reduction in...

Sun, Jan 22, 2023

Textile entrepreneurs have discussed key issues to bring in stability in the sector eyeing a reduction in cotton prices and freight charges, an industry official has said.

Welspun India says poised to grow at 3X, expects revenue to cross Rs 15,000 crore in FY26 - stock ends flat

Welspun India says poised to grow at 3X, expects revenue to cross...

Tue, Nov 22, 2022

Home textiles major Welspun India expects revenue to cross the Rs 15,000 crore mark by FY26, growing around 60 per cent in the next three years, according to a regulatory filing.

Restrict cheap labour, pay workers well: Piyush Goyal chairs review meeting of PLI for textiles; interacts with beneficiaries

Restrict cheap labour, pay workers well: Piyush Goyal chairs revi...

Tue, Nov 01, 2022

The review meeting was attended by representative of 49 companies and key dignitaries of Ministry of Textiles.

Aim to achieve $100 bn textile exports in 5-6 years: Piyush Goyal

Aim to achieve $100 bn textile exports in 5-6 years: Piyush Goyal

Fri, Oct 28, 2022

Piyush Goyal while addressing a virtual meeting said that textile manufacturers should start securing cotton to meet their demands.

Govt clears 23 Strategic projects under National Technical Textiles Mission

Govt clears 23 Strategic projects under National Technical Textil...

Fri, Sep 16, 2022

While addressing the esteemed group of Scientists and Technical Technologists, Goyal said, "Industry and Academia connect is essential for the growth of research and development in the application areas of Technical Textiles in India. Building convergence with Academicians, Scientists and Researchers is the need of the hour.?

Good news for Textile importers! Government extends exemption of import duty and agri cess till 31 October

Good news for Textile importers! Government extends exemption of...

Tue, Jul 05, 2022

The central government has decided to extend the relief in custom duty and agriculture cess given to textile importers on import duty till 31 October.

Government completes scrutiny on proposals for mega textile parks; soon to come out with location details

Government completes scrutiny on proposals for mega textile parks...

Tue, May 31, 2022

Big news for textile sector! The government will likley announce where a new mega textile park will be built. The announcement is likley to come in a month's time

Garware Technical Fibres has a capex plan of Rs 40-50 crore for FY22: Shujaul Rehman, CEO

Garware Technical Fibres has a capex plan of Rs 40-50 crore for F...

Tue, Dec 07, 2021

Shujaul Rehman, CEO, Garware Technical Fibres, talks to Zee Business' Swati Khandelwal about domestic and international businesses, impact of new COVID variant, expected performance by the end of the current financial year, government targets to increase technical textile export by 5 times

Textile Minister Piyush Goyal calls for reducing import dependence of India's textile machinery segment

Textile Minister Piyush Goyal calls for reducing import dependenc...

Sun, Oct 24, 2021

Union Minister Piyush Goyal has called for developing 100 Indian textile machinery champions recognised across the world and reducing import dependence of the sector through concerted efforts betwe

India's textiles sector all set to achieve USD 100 bn exports, says Govt

India's textiles sector all set to achieve USD 100 bn export...

Thu, Oct 21, 2021

The Centre has set an ambitious target of achieving USD 100 billion from the country's textiles exports in the next five years, Minister of State for Textiles Darshana Jardosh said on Thursday.

Stocks to buy on Monday is Century Textiles for price target of Rs 1072 – know what is working for it!

Stocks to buy on Monday is Century Textiles for price target of R...

Sun, Oct 17, 2021

Century Textiles shares ended at Rs 960.10 on the NSE on Thursday. It was up 2.6 per cent from the Wednesday closing price. The textile stock also its 52-week high of Rs 1004 on the intraday basis. The 52-week low for this counter is Rs 301.45, which it hit on 30 October 2020

₹ 4,445 crore will be invested on textile park scheme

₹ 4,445 crore will be invested on textile park scheme

Wed, Oct 06, 2021

With an aim to create world-class infrastructure with plug-and-play facilities that enable major investments in exports, the Cabinet on October 6 approved seven new mega textile parks.

Big Setback to China and Korea! DGTR recommends imposing anti-dumping duty on sodium hydrosulphite – check how it helps THESE textile and paper shares

Big Setback to China and Korea! DGTR recommends imposing anti-dum...

Thu, Sep 16, 2021

In apparent good news for domestic textiles and paper companies and big setback to Korea and China, the Directorate General of Trade Remedies (DGTR) has recommended imposition of anti-dumping duty on sodium hydrosulphite, a notification has been issued for the same, Zee Business Special Correspondent Anurag Shah reported.

Govt approves extension of RoSCTL scheme for textiles exporters

Govt approves extension of RoSCTL scheme for textiles exporters

Wed, Jul 14, 2021

The Union Cabinet chaired by Prime Minister Narendra Modi has given its approval for continuation of Rebate of State and Central Taxes and Levies (RoSCTL) with the same rates as notified by the Ministry of Textiles for exports of apparel/garments and made-ups.

DRAFT TEXTILE POLICY: Bihar Industry Minister Shahnawaz Hussain holds discussion with Mumbai's Synthetic Rayon Textile Export Promotion Council - TOP THINGS TO KNOW

DRAFT TEXTILE POLICY: Bihar Industry Minister Shahnawaz Hussain h...

Wed, Jun 30, 2021

The Industry Minister of Bihar, Syed Shahnawaz Hussain held a discussion on draft textile policy for Bihar with the Synthetic Rayon Textile Export Promotion Council (SRTEPC).

Monte Carlo is likely to grow by 40% in 2021 on the base of this year: Sandeep Jain, ED, Monte Carlo

Monte Carlo is likely to grow by 40% in 2021 on the base of this...

Tue, Dec 29, 2020

Sandeep Jain, Executive Director at Monte Carlo Fashions Ltd., talks about the expected performance of the company in 2021, areas of focus, strategy, expansion plans, CapEx and export market among others during a candid chat with Zee Business Executive Editor Swati Khandelwal

Exclusive: In chat with Anil Singhvi, GHCL MD Ravi S Jalan talks about business outlook, company demerger plans

Exclusive: In chat with Anil Singhvi, GHCL MD Ravi S Jalan talks...

Thu, Dec 03, 2020

In today’s edition of News Par Views, Zee Business Managing Editor Anil Singhvi spoke to Ravi S. Jalan, Managing Director (MD) of GHCL, erstwhile known as Gujarat Heavy Chemicals Limited – a company which has been operating since 1983 and has an enviable portfolio with business interests in chemicals, textiles and consumer products

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