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Raymond expects around 20 per cent of its textile and apparel retail business in India to come from small towns, where it is opening ‘Mini TRS’ stores catering to aspirations of the people , a company official said. The company, which has recently achieved the target to open its 200th ‘Mini TRS’ (The Raymond Shop), […]

Filatex India said it proposes to put up manufacturing facilities of 100 MT/day of Polyester Fully Drawn Yarns at its existing unit at Dahej, at a cost of Rs.100 crore, to ramp up long-term profitability. “Company, in order to increase its profitability on long-term basis, proposes to put up manufacturing facilities of 100 MT/day of […]

As per the latest information available with Projects Today, project work was progressing well on the Integrated Hi-Tech Handloom Silk Park worth Rs 119.86 crore in Tamil Nadu being developed by Perarignar Anna Handloom Silk Park. Textile project being built over 30.35 ha of land also envisages a ZLD-CETP for handling textile and dyeing effluents […]

Punjab government inked memorandums of understanding (MoUs) worth Rs 455.34 crore with 9 industries during the Punjab Apparel and Textile Conclave held in Ludhiana. MoUs were inked with industries associated with technical textile, composite hosiery, spinning garments manufacturing, fabric knitting, apparel manufacturing, spinning, knitting, fabrics, readymade garments, auto parts, and pipe manufacturing. In addition, for […]

Kitex Garments has proposed to set up an apparel manufacturing unit at Gopalpur, in Ganjam district of Odisha. Project will entail an investment of Rs.177 crore. It will create employment opportunity for over 5,000 people with majority of them being women. Company has proposed the project through the Government of Odisha-Single Window for Investor Facilitation […]

Company has earmarked Rs.15 billion investment over the next couple of years involving setting up of new mills and dvertising & branding expenses and others After manufacturing, selling fashion concepts and supplying material to global fashion brands like Tommy Hilfiger, Gap, USPA and several others, Arvind Ltd is eyeing to grow its own brand under […]

Grasim Industries is planning to expand the capacity of viscose staple fibre (VSF) unit located at Vilayat, Vagra taluka in Bharuch district of Gujarat. Brownfield project involves expansion of VSF capacity from 1,27,750 tpa to 2,55,500 tpa, captive power unit capacity from 25 MW to 55 MW and sulphuric acid capacity from 1,02,200 tonne to […]

Arvind, Textile manufacturer and flagship company of the Laljibhai Group, will invest Rs.1,500 crore in 3 years to augment its garment making capacity from fabric by 6-fold. Company will open large factories in Gujarat, Karnataka, Jharkhand and Andhra Pradesh which can employ 10,000 workers. Aim is to double India’s largest denim maker’s textile turnover by […]

Sanjay Lalbhai-led Arvind Ltd. announced a revenue target of Rs. 20,000 crore in the next 5 years with interests spanning textiles, garments, brands, real estate and engineering. The Ahmedabad-based company is set to demerge its fashion and engineering businesses later this year. “We plan to invest Rs. 1,500 crore in the next 3 years in […]