Globe Textiles Announces Acquisition to accelerate growth and drive sustainability in manufacturing and fashion apparel
14th February 2024: Globe Textiles India Limited (GTIL) (NSE: GLOBE), a renowned leader in the textile industry engaged in manufacturing, supply and trading of a complete range of textile and apparel products including Denim jeans, Shirting fabrics, and cotton printed fabrics, announced their plans to acquire Globe Denwash Private Limited, through purchase of shares. The […]
Conference on sustainability draws 275 delegates in Mumbai
The Textile Association (India), Mumbai Unit organized International Conference on “Sustainability and Circularity – The New Challenges for the Textile Value Chain” on Wednesday, 31st January 2024 at Hotel the Lalit, Mumbai. The Conference received overwhelming response with 275 delegates in attendance. The theme of Conference, topics, presentations, and speakers were highly appreciated by one […]
India – UAE sign bilateral investment treaty & other agreements
New Delhi: 2024/02/13: India and the United Arab Emirates (UAE) yesterday signed a bilateral investment treaty along with other agreements on a variety of fields, including energy, fintech and digital infrastructure projects, during Prime Minister Narendra Modi’s two-day visit to the latter. The Indian ministry of external affairs said in a release. The bilateral investment treaty will […]
Laksh introduces new catalog of uniform designs
Mumbai: Adarsh Synthetic, a uniform fabric manufacturing company, is making vigorous preparations for the school uniform fabric season. And under this, a new catalog of uniform fabric designs was launched by the company. The company, which markets its uniform fabric under the Laksh brand across the country, has launched a new catalog named Fusion in […]
Guru G is making a name for himself inthe field of uniform fabric
Mumbai: Praveen Shah, who has in-depth knowledge of textiles and especially uniform fabric, giving concrete form to his experience in the textile world, entered the field of production and marketing of uniform fabric by starting a company named Gurukripa Textile in the year 2012. Shirting variety of uniforms in plain range, regular small and big checks, […]
PM Modi to inaugurate Bharat Tex Textile expo this month
NEW DELHI: Prime Minister Narendra Modi will inaugurate Bharat Tex 2024 Expo, a four-day exhibition of textiles sector, which will commence from February 26, commerce and industry minister Piyush Goyal said Saturday. The exhibition will be held from February 26- 29. Goyal said it will be held at the Bharat Mandapam and Yashobhoomi complexes and […]
India & Bangladesh initiate 1st vesselmovement on new waterway route
New Deli: 2024/02/12: In a significant step towards bolstering trade and connectivity between India and Bangladesh, the first trial movement of vessels on Indo Bangladesh Protocol (IBP) Route no. 5 & 6 was successfully conducted today. The historic event was marked by the flagging off of the vessels by Shantanu Thakur, minister of state for ports, shipping, […]
Traders urge FM to implement newpayment rule in phased manner
Mumbai: Trading activities in India have been hindered to some extent in recent days due to the implementationof Section 43B(h) of the Income Tax Act 2013. As the current fiscal 2023-24, during which the payment rule has been implemented, is ending rapidly, trading activities have slowed down across the country. Trade organisations have approached finance minister […]
Why fashion’s ‘recycling’ is not saving theplanet
PARIS: In H&M’s flagship Paris store it is hard to find clothes that do not claim to be made from “recycledmaterials”. Last year, 79 percent of the polyester in its collections came from recycled materials, and next year it wants it all to be recycled. The Swedish fast fashion giant told AFP that recycled material […]