Pallava Group has announced plans to invest Rs 1,000 crore to establish a new man-made fibre manufacturing facility at the PM-MITRA Textile Park in Virudhunagar, Tamil Nadu. The proposed investment is aimed at expanding the group’s manufacturing capacity and strengthening its presence in the
Turkish textile major Sanko Group has announced plans to invest US$ 300 million in a modern integrated textile manufacturing facility at the Mirsarai Industrial Zone in Bangladesh, marking one of the latest major foreign direct investments in the country’s textile sector. The investment proposal was discussed during a meeting between Sanko representatives and Bangladesh’s
The Ministry of Textiles has approved 17 new applicants under Round 3 of the Production Linked Incentive (PLI) Scheme for Textiles, giving a renewed push to India’s Man-Made Fibre (MMF) and Technical Textiles ecosystem. The approvals, announced on November 18th, mark a major step toward strengthening domestic manufacturing, attracting fresh investments, and enhancing














