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Home textile revenues to rise 7-9% this fiscal: Report

According to the Crisil Ratings report, the operating profitability of the home textiles industry will improve 150-200 basis points to 14-14.5% this fiscal, due to lower raw material costs and better operating leverageMumbai: Home textile industry's revenues are expected...

Rajasthan’s Bhumika Group enters Delhi NCR

Spanning across an area of five acres, the high street project is strategically positioned with approximately two acres of frontage along Mathura Road New Delhi: Rajasthan’s retail real estate developer Bhumika Group is launching its latest high street commercial project on...

Indians may soon be able to shop for ‘INDIAsize’ garments

The government's goal is to take the domestic technical textiles segment to $40-50 billion in the next five years New Delhi: The Textiles Ministry will soon rollout 'INDIAsize' -- measurements and standards designed to better suit the Indian body types, Textiles...

Handicrafts body CCIC now on ONDC

The corporation's collaboration with ONDC signifies CCIC's commitment to expanding its market presence and being accessible to buyersNew Delhi: The Central Cottage Industries Corporation (CCIC) has been on-boarded to Open Network for Digital Commerce (ONDC), allowing users to purchase...

Stay-at-home accelerates recovery for home textile exporters

Higher in-home consumption due to increased stay-at-home period and a sharper focus on health and hygiene amid the pandemic are helping Indian home textile exporters weave their way out of the downturn faster than other textile segments. Revenue de-growth for home...

Textiles: Growth hinges upon reopening of retail space, festive demand and policy support

The subdued domestic demand and declining export demand due to lockdowns in the global markets on account of COVID-19 come as a double blow for textile companies. While the domestic demand could revive in 3QFY21 with the onset of...

Impact of Budget 2016 on retail industry

The Budget often impacts the bottom line of industries and companies — and can make a difference to your investments. One of India's leading newspapers, The Times of India commissioned global analytical company CRISIL to analyze how your market...

Government taking steps to boost textile industry

To boost the textile sector, the government has been taking a series of steps including launching of Technology Mission on Cotton (TMC) and the Technology Upgradation Fund Scheme (TUFS) to enable modernisation and upgradation of the textile industry both...

GHCL will make debut in Indian retail

After mergers and acquisition of majors like Dan River and Rosebys, the Sanjay Dalmia-promoted Gujarat Heavy Chemicals Ltd (GHCL) is set to launch into a new direction. Come August 21, the company will announce its plans to foray into...
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Indus Valley Cosmetics to Invest ₹40 Crores in R&D

The brand aims to enhance the visibility of its flagship product ‘Organic Gel Hair Colour’ through nationwide advertising and...
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