Prime Minister Narendra Modi inaugurated Arvind Limited’s Rs 150-crore garment manufacturing facility in Varanasi on October 25, marking the company’s first manufacturing investment in Uttar Pradesh. The plant has a revenue potential of Rs 250 crore and is expected to create over 1,000 jobs,
Raymond Limited, through its subsidiaries, is accelerating capacity expansion in Andhra Pradesh to meet growing customer demand, with an additional brownfield facility being developed near its existing mega manufacturing facility. The brownfield addition will provide interim capacity to support incremental orders and volumes during the current financial year. The move aims
Prime Minister Narendra Modi is scheduled to inaugurate Arvind’s new apparel manufacturing unit at Mirzamurad in Varanasi on October 25. The Rs 100-crore project will produce sportswear and innerwear and is expected to generate employment for more than 1,000 people. Uttar Pradesh Chief Minister Yogi Adityanath inspected the facility on Wednesday and reviewed preparations
Chinese industrial group Shengtai has secured two key administrative approvals in China for its planned US$ 280 million green textile industrial park in Morocco, marking a major step in the company’s expansion into North Africa. The project, valued at 2.29 billion Moroccan dirhams (approximately US$ 280 million), is planned as an eco-friendly textile manufacturing hub […]
WFB Baird & Company has signed a Memorandum of Understanding (MoU) with Guidance, Government of Tamil Nadu, to establish a wet spinning manufacturing facility in the state. The MoU was signed in the presence of the Chief Minister of Tamil Nadu, marking a significant step in the company’s plans to strengthen its manufacturing presence in […]
Companies approved under the Production Linked Incentive (PLI) Scheme for Textiles have invested Rs 8,117.64 crore and generated 33,427 new jobs as of March 31, 2026, the Centre informed Parliament. In a written reply to the Lok Sabha, Pabitra Margherita, Minister of State for Textiles, said a total of 170 companies had been approved under […]
The Production Linked Incentive (PLI) Scheme for Textiles is emerging as a key driver of investment, manufacturing growth and export expansion in India’s textile industry, with significant progress reported since its implementation. According to data released by the Ministry of Textiles, investments worth Rs 7,343 crore have been reported under the scheme, generating
German industrial thread manufacturer AMANN Group has announced plans to expand its manufacturing footprint in Bangladesh, reinforcing its long-term commitment to one of the world’s largest apparel sourcing destinations. The development was shared by AMANN Group CEO Markus Nicolaus during a meeting with the Bangladesh Garment Manufacturers and Exporters Association (BGMEA)
Motilal Oswal Financial Services Limited (MOFSL) has announced that its wholly owned subsidiary has acquired a stake in Kusumgar Limited, a leading player in high-performance synthetic fabrics, for a consideration of approximately Rs 100 crore. The acquisition includes 10,95,890 compulsorily convertible preference shares and 16,43,836 equity shares of Kusumgar Limited. The
The state and Central government backed mega textile parks under the PM MITRA (Pradhan Mantri Mega Integrated Textile Region and Apparel) Park Scheme is expected to generate satisfactory response from the textile industry, which is desperately trying to put up a cost competitive textile value chain. PM MITRA parks represent a unique model where the […]






















