Don’t miss the latest developments in business and finance.

Textiles Industries

Focus on job-creating textile sector: MP CM Shivraj Singh Chouhan

Madhya Pradesh offers a 5 to 7 per cent interest subsidy on loans for machinery, rebates on discounted tariff, infrastructure development help

Updated On: 06 Jan 2023 | 12:35 AM IST

Invest Rajasthan Summit proposals in implementation stage, says minister

The summit had drawn interest from local businesses, in addition to a number of those from India and outside

Updated On: 01 Dec 2022 | 11:30 PM IST

Govt clears 23 strategic projects under National Technical Textiles Mission

The Centre has cleared 23 strategic research projects of around Rs 60 crore in the areas of specialty fibres, sustainable textiles, geotextiles, mobiltech and sports textiles under its flagship programme National Technical Textiles Mission. The projects were approved under the chairmanship of Textiles Minister Piyush Goyal on September 14, an official statement said on Friday. "Among these 23 research projects, 12 projects of Speciality Fibres having application areas in agriculture, smart textiles, healthcare, strategic application and protective gears were cleared. "Four projects from sustainable textiles having application area in agriculture and healthcare sector were cleared. Also, five projects from geotextile, 1 from mobiltech and 1 from sportech were cleared," the Textile Ministry stated. 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 ..

Updated On: 16 Sep 2022 | 5:43 PM IST

Gujarat's ceramic tiles hub to take month-long break after production glut

'Leave' in August could be annual feature and will follow Chinese industry taking a break every February

Updated On: 15 Jul 2022 | 10:18 PM IST

RAI urges govt to reconsider proposed GST rate hike on textiles, apparels

Retailers Association of India (RAI) on Tuesday urged Sitharaman, state governments and GST Council to reconsider the proposed hike in GST rates on several textiles and apparel items to 12 per cent

Updated On: 23 Nov 2021 | 12:03 PM IST

Welspun India Q2 consolidated net profit up 7.2% at Rs 201.50 crore

Home textiles major Welspun India Ltd on Wednesday reported a 7.23 per cent rise in its consolidated net profit to Rs 201.50 crore for the second quarter ended September 30

Updated On: 27 Oct 2021 | 10:38 PM IST

Cabinet may approve PLI scheme for MMF, technical textiles on Wednesday

The prime objective of the scheme is to make manufacturing in India globally-competitive by removing sectoral disabilities, creating economies of scale and ensuring efficiencies

Updated On: 07 Sep 2021 | 4:13 PM IST

Barcelona all set to open 500 stores in next one year

.

Updated On: 24 May 2021 | 9:16 PM IST

Companies pitch 'coronavirus-proof' clothes, as doctors seek evidence

Textile firms get international partners for fabric technology, stitch up clothing line for the pandemic

Updated On: 23 Jul 2020 | 10:00 PM IST

Century Textiles and Industries Q4 profit declines 44% to Rs 80 cr

The company logged a profit ofRs 142.50 crore in January-March period a year ago, Century Textiles and Industries Ltd (CTIL) said in a BSE filing.

Updated On: 11 Jun 2020 | 2:47 AM IST

K Radharaman of the House of Angadi is reinventing the weave

How K Radharaman, founder of Bengaluru's House of Angadi, is helping to shape the course of India's textile history

Updated On: 23 Aug 2019 | 10:02 PM IST

Forgotten textile and art forms make a comeback with this season's garments

A fresh lot of traditional textile and art forms are being adapted into modern-day garments, ranging from the super-luxurious to the casual

Updated On: 25 Jan 2019 | 10:27 PM IST

Modi govt raises import duties on 328 textile products by up to 20%

The latest move is expected to reduce the surge in imports of textile products, which grew by 16% in 2017-18

Updated On: 08 Aug 2018 | 2:43 AM IST

What Dolly Kumari learned-and how it could change India's textiles industry

Today, she is one of two assistant line supervisors on factory floor, overseeing work of 119 tailors

Updated On: 19 Apr 2017 | 2:12 AM IST