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…

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…