30th November 2021, Mumbai:

India is considering a new investment of Rs. 19,000 crore (the US $ 2.5 billion) in the textile business, according to Minister of State for Textiles Darshana V. Jardosh.

The Minister said that the textile industry will showcase India's rich cultural heritage during the week and deliberate on key initiatives taken by the government to create an ecosystem for the country to become a preferred sourcing partner for textile and clothing in its message for the 'Textile Week' at the Indian Pavilion in Expo2020.

"Today's Indian textiles not only recall the gilded past but also serve the needs of the modern world." "With a big raw material base and manufacturing strength across the value chain, India's textile sector is one of the world's largest," she said.

"Despite a decline in total trade of the textile & apparel sector during 2020-21," Vijoy Kumar Singh, Additional Secretary, Ministry of Textile (MoT), said at the event, "growth in textile and apparel trade reflected an encouraging trend in 2021-22 (April-September) with an increase of 69 percent, and the same stood at the US $ 24 billion."

"The textiles and clothing business in India has enormous growth potential. "We're concentrating on talent development, financial support, and merging the industry with cutting-edge technology," he stated. "The goal is to attract fresh investment of Rs. 19,000 crore and generate an extra 0.75 million direct employment in the textile sector in the coming years," said Jay Karan Singh, Trade Advisor, Ministry of Textiles.

It's worth noting that the government is gearing up to encourage investment in the textile sector with newly announced key initiatives like PLI and MITRA. MoT officials and industry stakeholders underlined Dubai's position as a fantastic platform for the Indian textile sector to target the Middle East and North Africa (MENA) markets and beyond at a global investor summit held as part of the ongoing 'Textile Week' at the India Pavilion in Expo 2020 Dubai.

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25 November 2021, Mumbai:

KPR Mill Limited, a major textile firm situated in Coimbatore, has successfully launched its new garment plant in Chengapally, Tirupur. This plant has a production capacity of 42 million garments per year.

With the addition of this plant, the company's overall apparel production capacity will rise to 157 million garments per year. "Strategic planning has always driven the growth of KPR," the business said, "and we anticipate that this expansion will position us to meet expanding market possibilities and boost KPR's bright future."

Last year, the business announced plans to invest Rs. 250 crore in a new textile plant. KPR Mill is one of India's most well-known vertically integrated garment manufacturers.

In the quarter ended September 2021, the company's net profit increased by 115.23 percent to Rs. 2,422.2 million, compared to Rs. 1,125.4 million in the previous quarter ended September 2020. In the quarter ending September 2021, sales increased by 27.39 percent to Rs. 11,539.7 million, up from Rs. 9,058.5 million the previous year.

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4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

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24 November 2021, Mumbai:

In Maharashtra's Thane district, nine Bangladeshi nationals were detained for allegedly staying in the country without proper passports. These individuals worked in a textile unit in an industrial complex in Saravali, according to police sources.

According to media sources, it is still unclear why the mill management selected them or if their credentials and histories were checked.

The offender has been charged under the Indian Passport Act and the Foreign Nationals Act, according to the station house officer of Kongaon police station.

All of the defendants are from Bangladesh's Chittagong area. It's worth noting that unauthorized foreign employees were discovered in Tirupur clothing manufacturing a few months ago. More than 20 Bangladeshi nationals who entered India illegally through West Bengal have been apprehended in Tirupur in recent months.

MP Muthurathinam, President of the Tirupur Exporters and Manufacturers Association, remarked at the time that it was past time for a framework to be developed to maintain track of guest workers. "Right present, there is no registration system."

They come here and stay in the accommodations of their choice. Some people relocate to Coimbatore, Erode, or Karur. As a result, a state-wide registration of foreign workers must be established. The state government should issue them with an identification card.

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TOP 5:

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2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India, Noida

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30th November 2021, Mumbai:

Sutlej Textiles and Industries Ltd., India's largest textile manufacturer, has added another feather to its crown by pursuing backward integration and launching recycled polyester fiber production in Baddi (Himachal Pradesh).

At this facility, the company produces 'Green Fibre,' which is made from recycled PET bottles. This plant (Birla Textile Mills) has the capacity to manufacture 120 metric tonnes of green fibers per day.

The inaugural event of the Sutlej Green Fibre unit was attended by Jai Ram Thakur, Chief Minister of Himachal Pradesh; Chandra Shekhar Nopany, Chairman; Updeep Singh, President & CEO; Rajeev Gupta, Executive President; and many more. Jai Ram Thakur complimented the firm on the initiative and offered the textile sector the state of his complete support.

Sutlej Textiles' Executive Chairman, Chandrashekhar Nopani, stated that the Group's second plant in Baddi will generate 120 metric tonnes of polyester and that the two operations would employ around 3,200 people.

"We have invested Rs. 239 crore in this project," said Rajeev Gupta, the company's Executive President, "and it will allow us to have greater control over quality and will have assured supply."

He went on to say that, depending on demand, over 80% of the fiber generated in this factory will be used in-house. "Every day, we transform 70 lakh PET bottles into polyester, contributing to sustainability," he added.

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2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

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25 November 2021, Mumbai:

India will pitch for becoming the preferred sourcing partner for the global textile industry during the textile week at the India Pavilion in EXPO2020, at Dubai, starting on Friday, the 26th Nov 2021.

Minister of State for Textile & Railways, Smt. Darshana V Jardosh will inaugurate the ‘Textile Week’ virtually and is slated to invite global investors to invest in the Indian textile value chain and make it a preferred sourcing partner.

Talking about the upcoming textile week (26th Nov – 2nd Dec), Smt. Jardosh said, “Indian textile is world-renowned as it not only represents the country's glittering past but also matches up to the demands of the modern times.

India is the world’s second-largest exporter of textile and clothing and focuses on both quality and scale of production to become the global manufacturing hub and represents an immense opportunity for global investors and buyers.”

The ‘Textile Week’ at India Pavilion will see many activities including roundtable discussions on India as a sourcing and investment destination for textiles along with the production linked incentive (PLI) scheme.

Interestingly, India is recognized as one of the best sourcing destinations for garments, textiles & accessories. Textile share in India’s GDP is estimated at around 2.3% and is the largest employer, employing about 45 million workers. India’s FDI policy is recognized as the most liberal in emerging economies, which allows 100% investment under the automatic route in the entire textile value chain.

Union Minister for Commerce and Industry, Textiles, Consumer Affairs, Food and Public Distribution, Shri Piyush Goyal has urged the textile industry ‘to focus on speed, skill and scale and get into innovative partnerships.’

The government has also recently approved a PLI scheme worth ₹10,683 for domestic technical textiles firms, and manufacturers of fabrics and apparel in the man-made fibre segment.

A high-level delegation led by Shri Vijoy Kumar Singh, Additional Secretary, Ministry of Textiles will be meeting global business federations along with various industry chambers during the ‘Textile Week’ to explore potential business tie-ups through investor connect programmes. These meetings will also see participation from Shri Jay Karan Singh, Trade Advisor, Ministry of Textiles, Dr. A Sakthivel, Chairman, Apparel Export Promotion Council, Shri Chandrasekaran Thuvarapalayam Visvanathan, Chairman, Handloom Export Promotion Council, Shri Dhiraj Rai Chand Shah, Chairman, Synthetic & Rayon Textiles Export Promotion Council, Shri M.A Ramasamy, Chairman, Powerloom Development & Export Promotion Council, Shri Umar Hameed, Chairman, Carpet Export Promotion Council, Shri Sanjeev Dhir, Chairman, Wool & Woollens Export Promotion Council, Shri Naresh Kumar Sadh, Chairman, Indian Silk Export Promotion Council, Shri Prem Malik, Past Chairman, Cotton Textiles Export Promotion Council & CITI and Vice Chairman, NSL Textiles Ltd., Mr T. Raj Kumar, Chairman, CITI, Shri Siddharth Lohariwal, Vice-Chairman, Jute Products Development & Export Promotion Council & Shri Rakesh Kumar Verma, Executive Director, Export Promotion Council for Handicrafts and other industry stalwarts.

PIB

(The news article has not been edited by DFU Publications staff)

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1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

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22 November 2021, Mumbai:

The brand debuted in India with its first store on Jio World Drive in Mumbai, followed by a second location at the Ambience Mall in Gurgaon. Functional furniture, bedding and bath, kitchen and dining, lighting, décor, and more will be available in West Elm locations.

"The new West Elm stores are a lifestyle experience where we want everyone to explore and discover the beauty of West Elm designs," Puneet Behal, senior vice president at Reliance Brands Limited, said in a statement.

We're here to assist you in creating a space that represents you and your passions. That means designing with a forward-thinking, problem-solving mindset that combines value, quality, and ethical production.

"The brand's debut into the Indian market is strategic," he continued, "filling the lack of a comprehensive modern lifestyle brand that is accessible to the design-conscious client."

West Elm has collaborated with interior designer Ashiesh Shah to produce a unique capsule collection of handcrafted rugs and cushion coverings that will be on show at the new locations to add an Indian touch.

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2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India, Noida

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30th November 2021, Mumbai:

Four textile companies have proposed investing roughly Rs. 400 crore in and around Madhya Pradesh's Neemuch area. According to sources, the Madhya Pradesh Industrial Development Corporation (MPIDC) has allocated land to these enterprises in the Neemuch district's Sarwaniya, Bamanwardi, and Morvan villages.

"Many firms have spotted land in the Neemuch region," said Rohan Saxena, ED, MPIDC, Indore, according to a prominent daily. "Recently, we have granted land to roughly six enterprises in various portions of Neemuch." In Neemuch, these units will build textile and biofuel factories." So yet, no company names have been revealed. In the Neemuch and Mandsaur regions, various homegrown enterprises and investors from Southern India have planned to put up integrated textile facilities and ethanol plants.

"Various big textile players are in negotiations with the industry department about taking up property in this region, and have viewed some locations," he added. In Neemuch, MPIDC has land banks of almost 100 hectares and is adding more Government land to lure enterprises to take up developed or undeveloped land.

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Daily News:

1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

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24 November 2021, Mumbai:

Picanol Group (Euronext: PIC) anticipates the Adjusted EBITDA for 2021 to be approximately 15% higher than 2020 Adjusted EBITDA (361.7 million EUR). The previous outlook projected 2021

Adjusted EBITDA to be approximately 10% higher than the 2020 Adjusted EBITDA.

Tessenderlo Group (Euronext: TESB) anticipates the Adjusted EBITDA for 2021 to be approximately 10% higher than 2020 Adjusted EBITDA (314.6 million EUR). The previous outlook is projected for 2021.

Adjusted EBITDA to be in line with the 2020 Adjusted EBITDA. This revised outlook for the 2021 financial year reflects the continued favorable market conditions in the Agro segment. Picanol Group will announce its full results for 2021 on March 24, 2022.

About Picanol Group

Picanol Group is a diversified industrial group and it is active worldwide in the fields of mechanical engineering, agriculture, food, energy, water management, the efficient (re)use of natural resources, and other industrial markets.

The group's products are used in a variety of applications, industrial and consumer markets. Picanol Group realized a consolidated turnover of 2.2 billion EUR in 2020. Picanol Group has approximately 7,000 employees worldwide and it is listed on Euronext Brussels (PIC) via Picanol nv. Source: Picanol

(The news article has not been edited by DFU Publications staff)

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2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

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22 November 2021, Mumbai:

The 20th edition of the Yarnex – India International Yarn Exhibition and the 12th edition of the TexIndia – Textile Sourcing Fair commenced at the India Knit Fair (IKF) Complex in Tiruppur on Thursday.

According to P. Krishnamurthy, Chief Executive Officer of S.S. Textile Media that has organised the event, 112 exhibitors from across the country arrived at Tiruppur for the three-day textile fair. The exhibitors were from Bengaluru, Delhi, Mumbai, Ahmedabad, Surat and Ludhiana. Yarnex and TexIndia aims to bring together manufacturers and suppliers of yarns, fibres and apparel fabrics under one roof. The fair will be open for traders till Friday, he said.

The highlights of the fair include sustainable and eco-friendly yarns, especially those made from plastic bottles, Mr. Krishnamurthy said.

The three-day fair is expected to give a fillip to the manufacturers and suppliers, whose business was affected due to the COVID-19 pandemic and the lockdowns, he added.

The Hindu

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2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India, Noida

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26 November 2021, Mumbai:

Madurai MP Su Venkatesan has written to minister Plyush Goyal to bring down cotton and your prices s time for an effective intervention from the Centre to stablise cotton prices.

The government cannot evade it's responsibility, leaving the textile industry to suffer. The government policies have also contributed to the current crisis. He said the Cotton Corporation of India should take the responsibility to stabilize the cotton price and supply to the spinning mills at a fair price.

PMK founder S Ramadoss said it was the duty of the central and state governments to protect the interests of the workers of the garment industry by addressing the yarn price rise issue.

As an interim measure, he said, the Centre should ban cotton and yarn exports which would arrest the shortage and ensure availability to domestic players. As a permanent solution, he said, the government should encourage cotton cultivation by providing incentives.

The TN government should form a state cotton corporation to procure cotton grown here and spin yarn.

AMMK leader TTV Dhinakaran tweeted expressing solidarity with Tirupur garment manufacturers and urged the Centre to bring down the prices.

TOI (The news article has not been edited by DFU Publications staff)

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1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India,Noida

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24 November 2021, Mumbai:

Pratibha Syntex, India's top garment maker, and exporter, works with renowned brands such as C&A, H&M, Patagonia, and Zara and is committed to social welfare. The CMC Trust, the company's corporate social responsibility arm, has opened a computer lab and a garment design center in a Government school in Sagore.

Because the bulk of the 1,500 pupils at this school are from the working class, this program will mostly help them. The courses given in this computer lab are accredited by the Indian Institute of Technology, Mumbai. Pattern designing, cutting, sewing, and even dying are all available at the dress design center.

The company's creator, S K Chaudhary, officially opened it. There are 24 PCs, a server, and an internet connection in the computer lab. The trust has also appointed an instructor to the lab. Similarly, there are 11 machines in the clothing design and tailoring lab, including an embroidery machine. In addition, the school has hired a properly qualified instructor.

"Our brightest star" Shri Chhogmal Ji Chaudhary was a lifelong learner. He felt that spreading the light of education will create a significant transformation in society. In Government Girls Higher Secondary School, Sagore, we have built a computer lab as well as a clothing designing and tailoring facility, following in his footsteps.

"Our goal is to enhance rural infrastructure," said Shreyaskar Chaudhary, the company's managing director.

In another initiative, the corporation built a park in Jai Nagar, Pithampur, which will serve around 6,000 inhabitants in the surrounding region. The park, which spans 21,000 square feet, has swings, a walking track, and a yoga platform for both children and adults.

The garden will help 6,000 local households. Pratibha Syntex, a sustainable 'farm-to-fashion' firm founded in 1997, employs over 6,000 people and works with a network of around 35,000 farmers.

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TOP 5:

1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India, Noida

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21 November 2021, Mumbai:

The award was presented to Huntsman India for its distinguished efforts in the areas of safety and hazard control, energy conservation, and water conservation.

Huntsman Textile Effects, the global leader in innovative and environmentally sustainable dyes, chemicals, and digital inks, has bagged six awards at the annual presentation ceremony of Dyestuffs Manufacturers' Association of India (DMAI) held recently in Mumbai.

The award was presented to Huntsman India for its distinguished efforts in the areas of safety and hazard control, energy conservation, and water conservation.

Rahul Tikoo, MD, Huntsman India Sub-continent said, “Huntsman is honored by this recognition from DMAI. It strengthens our commitment towards society as sustainable corporate citizens, which is a true differentiator for us to stay ahead in the global market scenario.

We will continue our efforts to promote a culture of innovation and development with our stakeholders to help bring about significant change and co-create solutions to drive holistic growth.”

Awards bagged by Huntsman India

Excellent performance in Safety & Hazards Control by a Large-Scale Unit for 2019-2020

Excellent performance in Water Conservation by a Large-Scale Unit for 2019-2020

Excellent performance in Energy Conservation by a Large-Scale Unit for 2019-2020

Excellent performance in Pollution Control by a Large-Scale Unit for 2019-2020

Excellent performance in Energy Conservation by a Large-Scale Unit for 2020-2021

Excellent performance in Water Conservation by a Large-Scale Unit for 2020-2021

“This outstanding achievement reflects the teamwork, EHS culture, continuous improvement towards water and energy conservation achieved at the Baroda plant.

This requires the best possible balance between ecological, and social needs, as well as the highest priorities of having safe and environmentally sound processes,” said Kavishwar Kalambe, Site Director, Huntsman Textile Effects.

Huntsman Textile Effects received awards based on criteria such as innovation, creativity, development, and quality in the field of dye manufacturing.

Indian Chemical News

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1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India, Noida

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