Little cheer for India's textile sector
Speaking with style: Darshan Lal Sharma, Vardhman Textiles
Tough times face the Indian textile and garment sector as foreign exchange losses, high input costs and a slowdown in…
INDIA: DHL opens fashion logistics centre
Logistics company DHL has opened its first Fashion & Apparel logistics centre in the Asia Pacific region to help manage…
INDIA: Textile firms disappointed at lack of budget support
India’s textile makers have expressed disappointment after the country’s interim budget failed to include any measures to help the sector…
INDIA: Abhishek to set up yarn dyed shirting plant
Indian textile firm Abhishek Corporation has inked a deal with the Government of Maharashtra to set up a yarn dyed…
INDIA: Cotton Corp to receive INR5bn price subsidy
India’s cabinet has agreed to subsidise the Cotton Corporation of India (CCI) to the tune of INR5bn (US$102m) if the…
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INDIA: Century Textiles halves denim fabric production
Cotton yarn and fabric maker Century Textiles & Industries is halving denim production at its Madhya Pradesh unit, blaming adverse…
INDIA: Fabindia acquires 25% of East chain
Indian garment retailer Fabindia has acquired a 25% stake in UK-based women's wear vendor East with an option to obtain…
INDIA: Textile slowdown to persist until December 2009 – report
Recession in international markets, foreign exchange losses and high input costs are all going to combine to make 2009 a…