An increase in VSF yarn imports to India and low import duties have caused a slowdown for domestic manufacturers and the Indian Manmade Yarn Manufacturers Association has asked for an increase in import duties.
Shop Direct, Next and Varner and non-governmental NGO Save said the first phase of a project to improve employment conditions for young women in South India’s fabric mills has engaged almost 9,500 people.
Aditya Birla’s clothing brand Pantaloons has leased 1.1 lakh square feet from Piramal Group’s real estate development business Piramal Realty to set up its new address in Mumbai’s Kurla business district.
FabIndia opened an 'Experience Centre' in Jaipur on September 29 to house the brand’s ethnic clothing selection, as well as a wellness centre, alteration studio, and interior design studio, among other features.
The Minister of Micro, Small, and Medium Enterprises, Nitin Gadkari, has encouraged MSMEs to register on the National Stock Exchange and take part in government initiatives in order to help India’s economy to grow.