Shares of Trident Ltd have delivered phenomenal returns of 3,600 percent to investors over the last 10 years. “If an investor had purchased Rs 10,000 worth of Trident stock 10 years ago and held onto it, the investment would now be worth almost Rs 4 lakh,” an analysis by ET Markets informed.
The Union Government is taking adequate steps to address the issues of lack of demand and uncontrolled imports in the textiles sector. This was informed by Union Textiles Secretary Rachna Shah in a press conference held in New Delhi. “We are monitoring surges in textile imports which will be addressed, while QCO on textile materials […]
Birla Cellulose’s Kharach plant in Gujarat has successfully commissioned CAP (Carbon-disulphide Adsorption plant) CS2 recovery system from exhaust gases and has achieved EU BAT status. Closed-loop technologies have been deployed to minimise CS2 and H2S (Hydrogen Sulphide) emissions by recovering CS2 and elemental sulphur from H2S and the target to recover 90-95 percent of
Switzerland which introduced a policy to allow tariff-free entry for all industrial goods from all countries has negated India’s gains from the negotiations for a European Free Trade Association (EFTA) free trade agreement. Switzerland’s decision that took effect from January 1, 2024 resulted in removing tariffs on products, including chemicals, consumer goods, vehicles
Three global fashion companies have agreed to collectively pay US $420,593 to compensate apparel workers in Mauritius after the publication of an undercover investigation report into labour rights abuse. The three companies include PVH, owner of Tommy Hilfiger and Calvin Klein; Second Clothing and UK based brand Barbour. Transparentem, a US non-profit organisation
According to Future Market Insights report, the digital textile printing market, valued at US$ 2.71 billion in 2023, is on a trajectory for remarkable growth, projecting an annual increase of 12.2 per cent. By 2033, it is anticipated to reach a staggering US$ 8.55 billion. This surge is attributed to technological advancements, increased customization demands […]
The air in the spinning mill, usually alive with the rhythmic hum of machinery, seemed suddenly crackled with tension. The centralised QAD in-charge for our group of textiles stormed into my room. His eyebrows seemed perpetually furrowed like a disapproving schoolmaster. His voice was more like a throaty growl, as if to convey some frustration […]
Transforming Textiles AB, led by innovator Sara Rosberg, announced the launch of Sense-Tex, a pioneering fabric and yarn technology that harmonizes fashion, advanced functionality and sustainability. This new textile innovation aims to offer consumers an exceptional experience, blending style with smart technology and environmental consciousness. Fabric of the Future
The Indian Textile industry witnessed major challenges in 2023 due to fluctuating cotton prices, diminishing demand, capacity under-utilization and dumping of imported fabrics and garments from China and Bangladesh. Gurudas Aras takes an overview of the industry scenario in 2023 and what needs to be done to pull the industry out of the quagmire in […]
Support from government is expected for addressing inverted tax structure issue and creating a level playing field in respect of levies on input RM materials for fibre making. This will help VSF value chain to compete in domestic market and also help India to grow its share in the international market, says ManMohan Singh How […]





















