2024 starts stronger in UK, manufacturing output contracts: S&P GMI!!
London: UK business activity growth accelerated for a third consecutive month in January this year, early purchasing managers’ index (PMI) survey data show, marking a promising start to the year. S&P Global Market Intelligence reveals. The seasonally-adjusted S&P Global UK composite output index rose from 52.1 in December to 52.5 in January. Economists had anticipated […]
BJP formed government in 3 states
New Delhi:2023/12/10: The Hindu nationalist party wrests control of Chhattisgarh and Rajasthan from the Congress and wins record fifth term in Madhya Pradesh. India’s ruling Hindu nationalist party has won three out of four key state elections, according to the election commission’s website. The crucial polls pitted India’s opposition against the ruling Bharatiya Janata Party (BJP) […]
Bajaj Fab and Jindal Fab organized Retail Sales Display Conference in Kathmandu, Nepal
Mumbai: Bajaj Fab and Jindal Fab’s Retail Sales Display Conference was successfully organized from 21st December to 23rd December at Hotel Yatri Sweets and Spa, Kathmandu, Nepal. More than 100 retailers from Nepal and North India bordering Nepal participated in it. This information was given by the company’s director Aman Jindal. In this event, newly […]
ColorJet to display advanced digital textile printers at surat expo
Surat: ColorJet, India’s leading futuristic textile printing solutions providing company, has announced its participation in the Surat International Textile Expo (SITEX) from January 6-8, 2024, at the Surat International Exhibition and Convention Centre, Surat. ColorJet will unveil its innovative textile printers, VastraJet K2 and SubliXpress Plus during this textile expo. Surat, renowned as the hub of […]
CITI to host Textile Sustainability Awards 2024 at Bharat Tex Expo
Mumbai: The Confederation of Indian Textile Industry (CITI) has announced the launch of the highly anticipated Textile Sustainability Awards 2024. CITI said in a press release. These awards aim to acknowledge and celebrate excellence in sustainability within the Indian textile industry. The prestigious accolades will be presented in two distinct categories, offering textile mill owners and […]
The National Garment Fair 2024 Glimpses
Mumbai: 2024/01/31: The three-day 78 th National Garment Fair 2024 organized by The Clothing Manufacturers of India (CMAI) on 29, 30, 31 January 2024 successfully concluded today at NSE Complex, Goregaon West, Mumbai. This information was given by CMAI Secretary P Chandrashekharan. Nearly one thousand garment brands displayed their products. This three-day fair was visited […]
Sparsh Fab Textiles focuses on production of skin friendly fabric in uniform fabric
Mumbai: Sparsh Fab Textiles has made several new developments in uniform fabric. The company has focused on producing as many skin-friendly fabrics as possible, especially keeping in mind the health of children and their delicate skin. The company’s research team has developed 3X Cool technology. It has three times the cooling effect. It was highly […]
Fabric price drop forces closure of Telangana’s Sircilla textile park
Haidarabad: Power looms in the Sircilla textile park in Telangana are closing down due to a decrease in fabric prices. This downturn is attributed to a reduced demand for garments in both domestic and international markets. The Cloth Manufacturers Association of the Sircilla Textile Park notified their members about this decision. Established two decades ago, […]
Economic activity growth of India slows in November 2023
Mumbai: India’s year-on-year (YoY) growth in economic activity eased to 9.6 per cent in November 2023 from 13 per cent in October 2023. The ICRA Business Activity Monitor reveals. The dip is largely attributed to fewer working days in November due to the festive calendar shift compared to 2022. This variation complicates YoY comparisons for October […]
Fair optimism on year-ahead prospects for state of Indian economy: RBI
New Delhi: 2023/12/12: India’s consumer confidence touched a four-year high in September this year, continuing its path to recovery following a brief pause in July. The Reserve Bank of India’s (RBI) bi-monthly consumer confidence survey in November reveals. The survey found respondents remained fairly optimistic on the year-ahead prospects for general economic situation, employment, income and […]