Economy

T&A Sector Has To Redeem Itself With Macro-Economic Budgetary Offerings

Textile Insights August 10, 2024

Even as the Union Budget 2024 has not been able to live up to the textile and apparel sector’s expectations in terms of direct benefits, the other macro-economic measures proposed by the Union Finance Minister to boost employment, skilling, infrastructure, start-up ecosystem, MSMEs, financial

Industry

President Museveni And UMA Officials Strategize To Boost Uganda’s Textile Industry

June 19, 2024

President Yoweri Kaguta Museveni convened a crucial meeting at State House, Entebbe, with representatives from the Uganda Manufacturers Association (UMA) to chart a course for revitalizing Uganda’s textile sector—a pivotal driver of economic growth in the country. In his address to UMA officials, President Museveni underscored the imperative of strengthening and

Industry

Premier Mills Group Inaugurates New School Building In Coimbatore

March 24, 2024

Premier Mills Group, a key player in India’s textile industry, continues to champion social responsibility with the inauguration of a new school building at the Gandhi Centenary Memorial Government Middle School in Varadarajapuram, Coimbatore. This initiative, funded by the company’s CSR fund, underscores Premier Mills Group’s commitment to enhancing

Trade & Market

India and EFTA Sign Trade & Economic Partnership Agreement

March 10, 2024

India and the European Free Trade Association (EFTA) signed a Trade and Economic Partnership Agreement (TEPA) on March 10, 2024 Addressing on the occasion, Piyush Goyal, Minister of Commerce and Industry, Food and Consumer Affairs, and Textiles, stated, “TEPA marks a modern and ambitious trade agreement. For the first time, India is signing an FTA […]

Event

Fineotex Chemical Spearheads Sustainability Discourse At Global Conference

December 3, 2023

Fineotex Chemical Ltd participated in the prestigious two-day Global Sustainability Conference organized by Hohenstein India in Coimbatore. The event, conducted in collaboration with OEKO-TEX, witnessed active engagement from industry leaders, including Fineotex’s Executive Director, Aarti Jhunjhunwala. The conference, focused on the critical theme of sustainability

Corporates

VF Corp Expands Recycled Polyester Sourcing To 40%

November 19, 2023

VF Corp, the marketer of clothing brands like Timberland, The North Face and Vans, has increased sourcing of recycled polyester to 40% in fiscal 2022. “This is an improvement from 36% in fiscal 2021 and in the process has attained 80% of its target to use 50% recycled polyester by fiscal 2026,” VF said in […]

Corporates

CITI Partners with Ministry of Textiles for Sustainable Development in Samarth Scheme

July 20, 2023

The Confederation of Indian Textile Industry (CITI) has collaborated with the Ministry of Textiles under the Samarth scheme. CITI serves as a crucial interface between the Government of India and the textile and apparel industry, providing essential policy inputs and supporting the sector on various fronts, including sustainable development, research and advisory services.