H&M is seeing its India sales increase with a reported 39% year-on-year jump to Rs 380 crore ($57 million) in the previous quarter. The business hopes for greater ease of doing business to aid its future expansion plans.
The Southern Gujarat Chamber of Commerce and Industry’s textile committee has reported that polyester textile production has decreased by 40% per year since 2016 and has sought central government assistance.
Value fashion retailer V-Bazaar Retail is looking to strengthen its retail presence across the country by adding 65 new stores with a target to generate revenue of Rs 750 crore ($105.5 million) by 2021.
The recent return of the annual design show Conscious Effort showcased a range of sustainable fashion brands in New Delhi and featured a panel discussion on sustainability to promote conscious fashion.