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Kuwait Based NRI To Import Uzbek Traditional Dresses For Women

Textile Insights February 19, 2024

A Kuwait based non-resident Indian (NRI), Anupam Jain has expressed interest in importing Uzbekistan traditional dresses for women Towards this end, a meeting was held between Uzbekistan embassy officials in Kuwait and Anupam Jain who owns Gulf Mysore General Trading Company. “Anupam Jain, who

Policies

Karnataka To Formulate New Textile Policy 2024-29

Textile Insights February 19, 2024

In his budget speech, Karnataka CM Siddaramaiah said government will formulate a new textile policy 2024-2029 for the development of the textile sector as the earlier textile policy 2019-2024 ends this year. “This policy will also promote greater investment and employment opportunities. We expect a capital investment of Rs 10,000 crore, which will generate 200,000 […]

Industry

Odisha CM Lays Foundation Stone For Rs 3,000cr Welspun Plant

Textile Insights February 19, 2024

Odisha Chief Minister Naveen Patnaik on Saturday laid the foundation stone for the Rs 3,000-crore Welspun Group’s Integrated Textiles Manufacturing Facility and Warehousing Complex. The facility coming up in Choudwar in Cuttack district is expected to create 10,000 employment opportunities and will also create business opportunities for local industries. A team of

Textile Park

Narendra Modi To Lay Foundation Stone Of Navsari PM-MITRA Park

Textile Insights February 19, 2024

Prime Minister Narendra Modi will lay the foundation stone of the Prime Minister Mega Integrated Textile Regions and Apparel (PM MITRA) Park on February 22 in Navsari district of Gujarat. The PM MITRA Park in Navsari which was conceptualised in July 2023 spans 1,142 acres and is expected to attract substantial investments and generate employments […]

Corporates

Piyush Goyal Welcomes Epic Group’s US$100 Million Investment In Odisha

February 19, 2024

In a significant stride towards bolstering India’s manufacturing prowess, Epic Group’s Executive Chairman Ranjan Mahtani and Aryan Mahtani met Piyush Goyal, Minister of Commerce and Industry of India. The focal point of discussion was Epic Group’s ambitious blueprint to channel a US$ 100 million investment into Odisha, India, for the establishment of an

Corporates

Globe Textiles To Acquire Globe Denwash For Propelling Growth In Sustainable Fashion

February 19, 2024

Globe Textiles India Ltd (GTIL), a leader in the textile industry, has revealed plans for an acquisition aimed at propelling its growth trajectory and reinforcing its commitment to sustainability. The acquisition of Globe Denwash Pvt Ltd will be facilitated through the purchase of shares, marking a significant step in GTIL’s forward integration strategy. The

Corporates

HeiQ Names Julien Born CEO For Climate-Positive Fibre Venture

February 18, 2024

HeiQ has announced the appointment of Julien Born as the CEO of HeiQ AeoniQ Holding, an independent subsidiary established to attract investors and value-chain partners. With an ambitious multi-year plan to scale up the world’s first climate-positive cellulosic filament fibre, this move signals a significant step forward. Bringing with him unique executive leadership

Event

Messe Frankfurt Organising Three Textile Fairs In Uzbekistan

Textile Insights February 17, 2024

Messe Frankfurt is planning to introduce seven exhibition events covering textiles & textile technologies consumer goods, mobility & logistics in Uzbekistan. The German trade fair organiser will cooperate closely with its partner, Business Media Central Asia (BMCA) on this business expansion. This was announced at a press conference which was attended by Eugen

Apparel, Fashion, Retail

US Retailer Target Launches Apparel & Cosmetics Priced Below $1

Textile Insights February 17, 2024

US based retailer Target has unveiled a new budget brand that will offer shoppers low-cost clothes, electronics, beauty products, and home items. “Dealworthy, the brand will feature nearly 400 everyday basics, with most items under $10 and some costing less than $1,” Target said in a press release. The range will include items such as […]

Export

Stop Bangladesh Exports Via Delhi Air Cargo Complex: AEPC

Textile Insights February 17, 2024

The Apparel Export Promotion Council (AEPC) has appealed to the Indian government to suspend transshipment of Bangladesh export cargo to third countries via Delhi Air Cargo complex. Earlier, such transhipment of Bangladesh export cargo was allowed only via Kolkata Air Cargo Complex, AEPC said. The Central Board of Indirect Taxes and Customs (CBIC) had issued […]

Kuwait Based NRI To Import Uzbek Traditional Dresses For Women

Karnataka To Formulate New Textile Policy 2024-29

Odisha CM Lays Foundation Stone For Rs 3,000cr Welspun Plant

Narendra Modi To Lay Foundation Stone Of Navsari PM-MITRA Park

Piyush Goyal Welcomes Epic Group’s US$100 Million Investment In Odisha

Globe Textiles To Acquire Globe Denwash For Propelling Growth In Sustainable Fashion

HeiQ Names Julien Born CEO For Climate-Positive Fibre Venture

Messe Frankfurt Organising Three Textile Fairs In Uzbekistan

US Retailer Target Launches Apparel & Cosmetics Priced Below $1

Stop Bangladesh Exports Via Delhi Air Cargo Complex: AEPC

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