The fashion and lifestyle shopping exhibition Inherit 2019 will take place in New Delhi from December 7 to 8 and will feature clothing, crafts, and design at the Sunder Nursery Heritage Park in Nizamuddin.
Bombay Dyeing & Manufacturing Co Ltd saw its net profit for the second quarter plummet 73 percent to Rs 89 crore ($12.5 million), as against a net profit of Rs 325 crore it had posted in the year-ago period.
The department for promotion of industry and internal trade (DPIIT) last month approved the Mega Leather Footwear and Accessories Cluster (MLFAC) project at Bantala in Kolkata at a cost of Rs 178.84 crore ($25 million).
Despite the good intentions of both companies and consumers, the luxury industry is struggling to adopt truly sustainable practices, except via the circular economy, as illustrated by the Pambianco Summit debate.
Designer Sreejith Jeevan has partnered with charity Care 4 Chendamangalam on an exclusive saree collection and work to preserve the Chendamangalam weaving clusters, currently recovering from flood damage.
The Government of India is considering opening around 10 “mega parks” near ports around the country with the aim of attracting foreign direct investment to the country’s businesses, said Textile Secretary Ravi Capoor.