Sector Textiles, Apparels & Acc. - Latest news, views and updates

Textiles, Apparels & Acc.

SECTOR | 09 Nov 2024

Winsome Textile Industries Q2 Results Live: Profit Rises by 104.67% YOY

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Winsome Textile Industries Q2 Results Live: Revenue increased by 8.21% YoY & profit increased by 104.67% YoY.

Textiles, Apparels & Acc.

SECTOR | 06 Nov 2024

India's Home Textiles Sector Set For 6-8% Revenue Growth This Fiscal: Crisil Ratings Report

NDTV Profit

India's home textile industry is set to stitch 6-8% growth this fiscal riding on resilient demand from the US and expansion in the domestic market - and notwithstanding some lingering logistical challenges, Crisil Ratings said in a report.

Textiles, Apparels & Acc.

SECTOR | 30 Oct 2024, 11:15PM

GHCL Q2 Results: Profit Rises 8% To Rs 154.83 Crore In September Quarter

NDTV Profit

GHCL Ltd., is engaged in the manufacture of soda ash (Anhydrous Sodium Carbonate). Through a demerger, it has separated its spinning business into GHCL Textiles Ltd.

GHCL Q2 results: PAT rises 8% to Rs 154.83 cr, total income at Rs 810 cr

Business Standard | 30 Oct 2024, 07:22PM

Textiles, Apparels & Acc.

SECTOR | 22 Oct 2024

Dip in acreage to shrink cotton output by 7% to 302 lakh bales in 2024-25

Business Line

Consumption seen flat at 313 lakh bales, exports to drop and imports to rise says CAI

Textiles, Apparels & Acc.

SECTOR | 22 Oct 2024

Cotton output likely to fall 7.4% as excessive rainfall damage crop

Business Standard

Lower production will reduce exports from the world's second biggest cotton producer in the current marketing year started on Oct. 1 and force the country to increase imports, supporting global prices

Textiles, Apparels & Acc.

SECTOR | 21 Oct 2024

PM MITRA, PLI schemes to bring Rs 95,000 cr investment into textiles sector

Business Standard

India's textiles sector is expected to attract investments to the tune of Rs 95,000 crore from the seven PM MITRA mega textile parks and the PLI scheme for man-made fabrics and technical textile products in the next 3-5 years, Textiles Secretary Rachna Shah said on Monday. Apart from the two schemes, the textiles sector will also draw investments from several other channels like FDI (foreign direct investment), she shared, highlighting the government's focus on promoting "sunrise sectors" of man-made fabric, apparel and technical textile. The textiles secretary informed that "much more substantive outcomes" are being envisaged from the Bharat Tex 2025 mega textiles event to be held in February next year, in terms of not only MoUs but also investments and business generation. "We are having 7 textile parks so each of them is expected to generate something like Rs 10,000 crore of investment, that's about Rs 70,000 crore and another Rs 25,000 crore under the PLI scheme for technical ..

Textiles, Apparels & Acc.

SECTOR | 16 Oct 2024

Global Organic Textiles Standards bans 5 Indian cotton firms for faking documents

Business Line

Two firms used non-existent shipping firms to show transactions, the others submitted fake transaction certificates

Textiles, Apparels & Acc.

SECTOR | 15 Oct 2024

CAI estimates 2023-24 cotton closing stocks at 30.19 lakh bales

Business Line

Consumption pegged at 313 lakh bales, while exports zoomed 84%

Cotton exports likely to double to 2.85 mn bales in 2023-24 season: CAI

Business Standard | 15 Oct 2024

Textiles, Apparels & Acc.

SECTOR | 15 Oct 2024

Century Textiles rebrands as Aditya Birla Real Estate

Business Today

Since entering the real estate sector in 2016 under the Birla Estates brand, the company has focused on residential and commercial developments in major markets like Mumbai Metropolitan Region (MMR), Bengaluru, NCR, and Pune.

Textiles, Apparels & Acc.

SECTOR | 04 Oct 2024

Textiles Ministry extends mandatory use of jute bags for packaging up to December 31

Business Line

Ministry of Textiles extends jute packaging mandate for foodgrains and sugar production, facing legal challenges and industry concerns