The internal turmoil in Bangladesh and high production costs in Vietnam are expected to play well for Indian textile exporters, asserted financial advisory firm JM Financial in a report.
India's textile industry is on the brink of expansion, with total textile exports projected to reach USD 65 billion by FY26, according to Invest India, which is the central government's investment promotion and facilitation agency.
The textile industry leaders on Thursday discussed the increasing importance of the EU market for India's textile and apparel exports during a workshop organised by the Confederation of Indian Textile Industry (CITI).
Ahmedabad (Gujarat) [India], November 7: Globe Textiles (India) Limited, a prominent name in the Indian textile industry, recently released its standalone financial performance for the first half of the financial year ending September 30, 2024. Despite facing industry-wide challenges, the co
Punjab / Chandigarh [India], October 29: Rajinder Gupta, Chairman Emeritus of Trident Group, has been conferred the esteemed 'Vastra Ratna' Award for Special Achiever, recognizing his remarkable contributions to the textile industry. This honour comes as the Cotton Textiles Export Promotion
New Delhi [India], October 19: Established in 1990, Mohite Industries Ltd. marked a significant departure from the Mohite family's traditional business of constructing earthen dams. By venturing into the textile industry, the company embarked on a journey to redefine the sector. With a spraw
New Delhi [India], October 19: The Indian stock market has been buzzing with excitement over New Light Apparels Ltd., a company rapidly gaining investor attention. Following the recent 10:1 stock split and the introduction of its revolutionary Lab-Grown Cotton technology, New Light Apparels
Noida (Uttar Pradesh) [India], October 18: Orange O Tec Pvt Ltd, based in Surat, Gujarat, is transforming the textile industry with its advanced digital and auxiliary textile machinery. With over 15 years of expertise and more than 500 installations across India, the company has built a soli
Mumbai (Maharashtra) [India], October 8: New Light Apparels Ltd. has announced a 10:1 stock split, effective from October 10, 2024, marking a significant moment for both current shareholders and potential investors. This strategic move will reduce the face value of each share from Rs 10 to R
New Delhi [India], September 30: Paramount Dye Tec Limited has announced its plan to go public with an Initial Public Offering (IPO) on September 30, 2024, aiming to raise up to Rs 28.43 Cr with shares to be listed on the Emerge platform of National Stock Exchange of India Limited. The issue
The textiles industry will grow to USD 350 billion by 2030 generating crores of jobs in the process Union Minister of Textiles, the Union Minister of Textiles Giriraj Singh, said on Friday.
While domestic demand is expected to remain moderate due to lower discretionary spending and overstocking from the previous fiscal year, the recovery in export demand is promising. The domestic market could see a boost in the second half of FY25, supported by an increase in wedding days and