The future for the Indian textile industry looks promising, buoyed by both strong domestic consumption as well as export demand as China is drifting away from textile manufacturing activities. With consumerism and disposable income on the rise, the retail sector has experienced a rapid growth in the past decade with the entry of several international players like Marks & Spencer, Guess and Next into the Indian market.
The surge in export demand for cotton yarn during the initial few months of the current financial year has helped the domestic spinners record a…+ More
After hitting a multi-year low last fiscal, cotton yarn spinning companies’ profit margins have improved in the December quarter due to revival in export and…+ More
The Maharashtra State Electricity Distribution Company Ltd (MSEDCL) will create 3,200 MW of distributed solar capacity in the next two years, a senior State government…+ More