New Delhi (India), April 30: Axita Cotton Limited, a prominent player in the textile industry, has recently showcased an impressive performance in its financial results for the fiscal year 2023-24, indicating a promising outlook for immediate gains. With a notable surge in revenue and profitability, coupled with strategic initiatives and positive market sentiment, the company […]
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New Delhi (India), March 22: India’s textile and apparel industry, a cornerstone of the nation’s economy, is currently facing significant sourcing and financial challenges. These hurdles stem from a complex mix of global supply chain disruptions, fluctuating raw material costs, and restricted access to timely and affordable financing for small and medium-sized enterprises (SMEs). Dukaan […]
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Dr. K.V. Srinivasan, President – ITMF Mumbai (Maharashtra) [India], January 4: Dr. K. V. Srinivasan, the newly elected President of the 119-year-old International Textile Manufacturers Federation (ITMF), Zurich, Switzerland, which represents the entire textile value chain across the world, has stated that the global textile industry has been facing unprecedented challenges. The textile industry across […]
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Digitalization: The cornerstone of achieving sustainable goals for textile industry New Delhi (India), August 25: Like any other industry, digitalization is imperative even for the textile sector. From automated weaving machines to innovative designing software, digitalization is shaping the way textiles produce, design, and market their products. It serves as a multifunctional tool for enhancing […]
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New Delhi (India), July 7: Rajasthan based Lagnam Spintex on 5th July ‘23 started the trial production of newly installed machines at its manufacturing facility in Bhilwara which is in expansion mode. The company is investing Rs 218 crore towards the expansion project of 41,472 spindles of 100 percent cotton “Compact Yarn” using the state of the art […]
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