Sustainability

DVF Teams Up With Lenzing For Sustainable Fashion Revolution

Lenzing Group has teamed up with Diane von Furstenberg (DVF) to introduce TENCEL™ and LENZING™ ECOVERO™ branded fibers into mainstream fashion. These fibers, sourced from sustainably managed wood, are featured prominently in DVF’s latest collections of everyday fashion and accessories, available globally in both online and physical stores. The collaboration highlights a
Industry

CAIT Mumbai Proposes GST Reforms Ahead Of 53rd Council Meeting

Aiming at advancing the growth and efficiency of India’s GST system, the Confederation of All India Traders (CAIT), Mumbai Unit, has submitted a detailed proposal to the Hon’ble Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman, ahead of its 53rd GST Council meeting scheduled for June 22, 2024. Dilip Maheshwari, President of CAIT Mumbai, […]
Corporates

Gokaldas Exports Announces Strategic Investment In BRFL Textiles

Gokaldas Exports has announced a strategic investment in BRFL Textiles Pvt. Ltd. (BTPL), one of India’s largest fabric processing companies. Gokaldas Exports will invest in BTPL through Optionally Convertible Debentures (OCDs). In the first tranche, Gokaldas Exports will subscribe for ₹50 crores, with additional OCDs worth up to ₹300 crores to be subscribed in
Policies

EU Ecodesign Regulation Challenges Indian Exporters

The European Union’s new ecodesign regulation, which sets stringent sustainability requirements for all products in the bloc, is expected to impact Indian exporters, particularly smaller businesses. The regulation bans the destruction of unsold textiles and footwear, which could limit orders. Issued a few weeks ago, the guidelines mandate product durability,
Fibre

AMSilk To Debut Biofabricated Yarns At Pitti Immagine Filati 2024

AMSilk GmbH, a leader in advanced biomaterials made from spider silk-based proteins, has announced its participation in Pitti Immagine Filati in Florence, Italy, from Tuesday, June 25th, to Thursday, June 27th, 2024, where it will showcase its innovative biofabricated yarns. AMSilk is rapidly advancing towards becoming a commercial supplier of spider silk protein and