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Prag Bosimi Synthetics announced defaulter by RBI

Prag Bosimi Synthetics Limited (PBSL) has been named in the Top 10 Defaulters’ List by the Reserve Bank of India (RBI). It is the only textile company to figure in the list, with an outstanding of Rs 3,558 crore, credited by IDBI Bank. The list that was published by a watchdog news media Newslaundry revealed that the public sector company PBSL is still operational. As per PBSL’s website, it is the largest joint sector company […]

May 2, 2016

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A year of awe-inspiring innovations in textile

In an ever-changing world, textile has played a vital role in revolutionising the way we live our lives. From space suits to farmhands’ overall – everything has undergone a sea-change and evolved to suit our ever-changing necessity. And this year wasn’t any different. In fact, the past year has given to the textile world some of the best, unique and practical innovations it has ever seen. One of the most creative and practical innovations this […]

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Arvind Retail Ltd plans to open 200 stores in 2016-17

Arvind Retail Ltd, India’s largest textile maker, is going to open 200 new stores across its value, lifestyle and foreign brands as part of its expansion plans. The brand that sells foreign labels such as Tommy Hilfiger, Nautica and Ed Hardy plans to leverage from its foreign brands, expect an increase by 25 per cent in apparel sales next fiscal. J Suresh, Managing Director and Chief Executive of Arvind Retail and Arvind Lifestyle Brands Ltd, […]

March 9, 2016

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Internet of Things makes its way into Japanese textile industry

The Internet of Things (IoT), which is a network of physical objects like devices, vehicles, buildings and the like, embedded with electronics, software, sensors, and network connectivity, connected through the internet, is increasingly making its way into the manufacturing industries of Japan, including textiles. IoT is already being used in a wide variety of sectors, including services industry and transportation infrastructure, in the United States and Europe. Japan has started moving in a similar direction. […]

February 25, 2016

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Karnataka gets Rs 9,700-cr investment commitment at Make in India Week

The Make in India Week, which ends in Mumbai on February 18, proved to be of much benefit to the state of Karnataka that signed deals with several investors for five projects in all, drawing a total investment of Rs 9,700 crore. This includes a Rs-25 crore investment that garment exporter Global Mode & Accessories committed to make for setting up a unit that could employ close to 2,000 people in the state. Besides, some […]

February 18, 2016

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From ʻFeet to Fitʼ Intertek to grow stronger in 2016

Better quality products manufactured under ethical conditions is becoming a basic requirement to work on a global platform and which directly lays emphasis on services of independent third-party organizations to monitor and accredit factories and systems. Amongst the organizations offering such services in India, Intertek is always looking for ways to support the industry in its efforts to be globally compliant. In conversation with AO, Manish Kumar, Regional Director – Softlines, Intertek reflects on the […]

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J C Penny changes senior management structure

J C Penney Inc, one of the US’s largest apparel and home furnishing retailers, has announced few shuffles in the company’s organizational structure. Ken Mangone, with 39 years of commendable service as EVP, product development, design and sourcing will be taken over by John Tighe. Val Harris, who was the former vice-president of product development, design and trend for women’s businesses, has been promoted to senior vice president, product development and design. Harris will be […]

February 16, 2016

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French NGO Evalliance aids Myanmar’s garment sector become self-sufficient

In a bid to boost Myanmar’s textile-clothing sector, French-based NGO Evalliance and Myanmar Garment Manufacturers Association (MGMA) recently agreed to implement the 2016-17 Action Plan, an MoU for which was signed last year. After holding a meeting with the Myanmarese counterpart in which the two parties worked out the course of action which will be put in place from here on, Jean-François Limantour, President, Evalliance, said, “The Myanmar garment sector has a huge potential for […]

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Hirdaramani Group opens new factory at Puthukkudiyiruppu

Sri Lanka-based apparel manufacturer Hirdaramani Group has opened a clothing factory at Puthukkudiyiruppu, a city located in the north of the country, with an investment of Rs 450 million. The new factory was opened with a vision to create opportunities for the youth of northern Sri Lanka. The group has become the only largescale employer, with over 1,000 employees, with stable incomes, a positive working environment, free meals and custom-made training programmes that strengthen their […]

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Indian textile industry embracing changes for growth

Innovation and sustainability have become two of the most significant growth engines of the fast evolving textile industry. Be it cutting edge-technology or customized solutions across the textile value chain, an environmentally sustainable approach has been the top agenda for most of the players in the vertical. A.T.E. Enterprises Pvt. Ltd. leads the sustainable philosophy, supplying textile machineries across the value chain that not only adhered to global standards but are also manufactured in sustainable […]

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Kemi recommends EU-wide regulation for safe textile products

Swedish chemicals agency, Kemi, is calling for an EU-wide regulation on hazardous chemicals in textile products. In a report, assigned by the Swedish Government, the agency sets out its proposals for the product-specific regulations. The Swedish Chemicals Agency report says that the Swedish Government should ‘initiate the development’ of a textiles-specific EU regulation. The regulation would go beyond restricting – for use in textiles consumer articles – the list of Category 1 carcinogenic, mutagenic and […]

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Sudan textile industry set to revive soon

Sudanese textile industry is all set for a revival! Thanks to the efforts by Sudanese Chambers of Industrial Association that has come up with a plan to export about 50%-60% of cotton yarns in addition to rehabilitating unions and factories to produce high quality yarn, and enter global competition. Textile business has been an ancient trade in Sudan that pertains to Sudanese cotton production wherein the production of cotton in huge quantities and high standards […]

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Zimbabwean Government takes measures to boost its textile sector

Government of Zimbabwe, in its mid-year fiscal policy review, has announced that the Government will make concerted efforts to boost the country’s textile sector. The move has come as blanket imports to Zimbabwe have plunged by 98 per cent, from US $ 500,000 worth of products to US $ 11,000 since the removal of the commodity (blankets) from the open general import license in July this year. The Government has also proposed to introduce ‘manufacturers’ […]

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Intertek Launches Chemical Smart Screening Service for Textiles, Apparel Industries

Intertek, a leading provider of quality solutions to industries, launched its Chemical Smart Screening Service, which is designed to detect presence of restricted substances in chemicals and auxiliaries used in textile, apparel and footwear manufacturing processes. This preventative measure benefits retailers and manufacturers by decreasing production costs, turnaround time and the need for re-handling. Only a single sample is needed to screen raw materials for around 400 common harmful substances carefully selected from major chemical […]

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Nigeria Plans to Resuscitate its Textile Industry

Nigeria is planning to diversify its economy through the revival of country’s textile, apparel and footwear industry. The country is a major foreign currency earner in oil trade, and owing to decrease in international oil prices, it has now decided to broaden the economic horizons and the new administration too has favoured the revival of country’s textiles saying “it would play a major role in diversifying the economy’’. FBN Capital, a local financial institution mentions, […]

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