May 10, 2026
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Cotton

TASMA Urges CCI to Maintain Cotton Supplies

The Tamil Nadu Spinning Mills Association (TASMA) has appealed to the Cotton Corporation of India (CCI) not to divert unsold cotton stocks to traders. In a letter reported by The Hindu, TASMA President AP Appukutti emphasized the resurgence of spinning mills due to increased garment orders and
Apparel, Fashion, Retail

Shoppers Stop Grows Despite Retail Sector Hurdles

Shoppers Stop Ltd., a premier Indian retail chain, has showcased robust resilience and strategic agility in a challenging retail environment during the financial year 2023-24. The company’s latest annual report highlights key achievements and sets a clear vision for future growth. Despite a tough year for the retail sector, Shoppers Stop reported a 3% increase […]
Corporates

Ananta Group Invests US$ 70M In Bangladesh Knit Fabric Facility

Ananta Group is poised to invest US$ 70 million in a new synthetic knit fabric manufacturing facility, supported by US$ 40 million from the Asian Development Bank (ADB) and syndicated arrangements. Despite challenges like dollar shortages for raw material imports and intermittent gas and electricity supply, the group aims to establish Ananta Knitwear Limited in […]
Industry

GMDC Begins First-Ever Monsoon Lignite Supply To Surat Textile Mills

For the first time, the Gujarat Mineral Development Corporation (GMDC) has begun supplying lignite to 400 textile mills in Surat during the monsoon season. Previously, GMDC’s lignite mines would shut down during the monsoon, forcing mills to import lignite from abroad, primarily Indonesia, at prices two to three times higher than domestic rates. Jitendar Vakhariya, […]

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