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2014-08-03 17:00:00
Grasim Industries to focus on cost optimization to increase net profit
Grasim Industries Ltd, a flagship company of the Aditya Birla Group, started as a textile manufacturer in 1948. Today its core businesses are VSF and cement, contributing over 90% of its revenues and
2014-08-03 17:00:00
Vietnam fails to reach its FDI targets over policy shortcomings
Investors continue to pour money into labor-intensive manufacturing (particularly garment and footwear and automobile factories) which mostly rely on imported materials and equipment. According to
2014-08-02 23:50:00
Textile Ministry to actively start work on Pashmina promotion program
Government of India has already announced a programme for Pashmina promotion in J&K in the budget proposals 2014-15, in response to the matter of setting up a Permanent Exhibition of Kashmiri
2014-08-02 22:00:00
Reopening of declining Mulungushi Textile comes as a precious gift to people of Kabwe
The re-opening of the moribund Zambia-China Mulungushi Textile Joint Venture seven years after it was shut has come as a special gift to the people of Kabwe in this Jubilee year. The
2014-08-02 17:00:00
Manipur celebrates 15th Handloom Day
The 15th Handloom day was celebrated in Manipur yesterday, the celebration was attended by Minister of Commerce and Industries Govindas Konthoujam. Manipur was the front runner in promoting
2014-08-02 16:00:00
Warren Corp Textile Mill acquired by American Woolen begins production
Warren Corp textile mill, a 161 year-old mill closed in June, after Warren decided to do so was acquired by American Woolen CEO Jacob Harrison Long which is renamed as American Woolen Warren Mill and
2014-08-02 10:00:00
Indian textile market going through a temporary phase of slothfulness
Although India saw demand for cotton yarn from China on a declining trend and the European Union market for fabrics and made-ups mired during the last four months. However, the demand for textiles
2014-08-01 22:50:00
H&M regains its title of world's largest buyer of organic cotton on the planet
H&M Hennes & Mauritz AB, the Swedish retail giant has used around 10.8 percent of certified organic cotton in 2013 which was enough to make the fashion giant the leading and largest buyer
2014-08-01 22:00:00
Polyester Fibers completes management takeover from Empire Investment its parent company
Empire Investment Holdings has sold out Polyester Fibers LLC which is headquartered in Conover a leading North American manufacturer and distributor of nonwoven polyester materials to certain
2014-08-01 16:00:00
Gildan plan expansion of its textile production capacity to achieve international growth
Gildan Activewear, a Montreal-based manufacturer and marketer of branded clothing as it is working at achieving international growth plans not only to further expanding its Central American textile
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