19 April 2022, Mumbai:

Vishal Fabrics plans to add another facility to manufacture 10 million meters of denim fabrics per annum in H2FY23.

The company recently added another facility to manufacture 10 million meters of denim fabrics per annum.

ALSO READ Vishal Fabrics continues to focus on 'Quality & Innovation'

Currently, it has eight denim manufacturing facilities with an annual capacity of 80 million meters per annum.

The two new facilities will boost the annual capacity to 100 million meters per annum at Dholi Unit.

Total investment in this project will be Rs 30 crore and funded by internal accruals.

RELATED NEWS The sale of finish textiles at Vishal Fabrics Limited (India) goes up

It will ramp up the production of denim fabric without incurring any additional costs for any other process/machinery.

The two new facilities will also help Vishal Fabrics to cater to domestic and export demand for denim fabrics. Brijmohan Chiripal, Managing Director says, these investments will lay the groundwork for the company's next phase of expansion.

They will enhance its market reach and grow its share in the global denim segment, he adds.

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18 April 2022, Mumbai:

Fresh strike on inverted textile duty.

Finance ministry officials said the inverted duty structure in textile was deferred at the last meeting and would be taken up at the forthcoming meeting.

ALSO READ Nirmala Sitharaman (FM) dismisses 'Textiles Ministry Proposal' to defer GST rates hike

The GST Council plans to take up the vexed issue of inverted duties on textiles at its meeting likely later this month.

In December, the council had dropped plans to hike the GST rates for most textile products in the man-made fibre value chain to 12 percent from 5 percent amid protests from the industry in Gujarat and other states.

RELATED NEWS Nirmala Sitharaman (FM) dismisses 'Textiles Ministry Proposal' to defer GST rates hike

Finance ministry officials said the inverted duty structure in textile was deferred at the last meeting and would be taken up at the forthcoming meeting.

But the textile duty hike faced stiff opposition from the industry.

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CREDITS: Telegraph (The news article has not been edited by DFU Publications staff).

19 April 2022, Mumbai:

Pratibha Syntex Ltd (PSL), a leader in sustainable textile manufacturing has been recognized twice last week for inclusive initiatives.

The industry has been feted by FMPCCI as the Recruiter of the Year Award and CITI’s Birla Economic & Textile Research Foundation Award for sustainable and innovative manufacturing in textile mills.

ALSO READ Venkaiah Naidu inaugurates CITI-CDRA Golden Jubilee Celebrations

Birla Economic & Textile Research Foundation Awards to be conferred upon by the Hon’ble Minister of State for Textiles & Railways, Smt. Darshana Vikram Jardosh.

2020-21: “Sustainable and Innovative Manufacturing in Textile Mills”

Awardee – Pratibha Syntex Ltd.

During the golden jubilee celebration of CITI CDRA held in New Delhi on April 12, 2022.

Notably, Pratibha Syntex had entered into collaboration with Good Fashion Fund for the replacement and expansion of their spinning, processing, and garmenting divisions. The new machines are energy and water-efficient.

RELATED NEWS CITI-CDRA Golden Jubilee Celebrations

Recently the effluent treatment plant has also been converted into a biological process, reducing landfill waste by 85%. Rooftop solar panels of 2.4 MW have also been installed and another 4 MW is underway.

Felicitating the drive to empower people, the Federation of Madhya Pradesh Chamber of Commerce and Industry presented the recruiter of the year award on April 10, 2022, during a program held at Bhopal.

Honorable Governor of Madhya Pradesh Shri Mangubhai Patel presented the award to Mr. H S Jha Vice President HR, Pratibha Syntex Ltd. “I am humbled by the recognition and awards are a reflection that we are on right track.

Sustainability has always been at the core of who we are and the entire team is galvanized” said Mr. Chaudhary.

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CREDITS: CITI Textile Value Chain (The news article has not been edited by DFU Publications staff)

14 April 2022, Mumbai:

Fourteen promoters and directors of textiles major S Kumars Nationwide have been booked for an alleged bank fraud worth Rs 1,245 by the CBI.

The Central investigation agency conducted a search in 13 of the company’s locations in Maharashtra, Gujarat, and West Bengal and recovered incriminating documents from there.

ALSO READ

As per these documents, the manufacturer of high-value cotton fabrics and home textiles had availed credit from a consortium of banks led by the IDBI bank.

The promoters and directors of the company have been booked for misusing the bank’s funds from 2012 to 2018, causing a Rs 1,245.15 crore loss to the banks.

RELATED NEWS

The complaint was filed by the IDBI Bank on behalf of four other member banks of the consortium, namely, Central Bank of India, Jammu & Kashmir Bank, PNB, and Indian Bank, as per RC Joshi, a CBI spokesperson.

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19 April 2022, Mumbai:

ZDHC is a multi-stakeholder organisation comprising over 170 contributors from across the industry including Brands, Suppliers, Chemical Suppliers, and Solution Providers.

The Roadmap to Zero Programme, by ZDHC, leads the fashion industry to eliminate harmful chemicals from its global supply chain by building the foundation for more sustainable manufacturing to protect workers, consumers, and its planet’s ecosystems. 

ALSO READ ZDHC Annual Event 2021– ‘Roadmap to Zero Program’ gets overwhelming response

ZDHC South Asia Region is proud to announce its third Regional Conference on 29 April 2022 at The Lalit Hotel, Sahar Road, Andheri East, Mumbai, India!

Registrations for the aforementioned have crossed 200 delegates for in-person participation and 25 for virtual access, as of today.

A good mix of brands representatives, textile companies, chemical manufacturers, service providers, industry associations, and academia are participating in the conference that will deliberate on how we move together to create a better planet through the implementation of sound chemical management practices in textile and leather production.

RELATED NEWS Imagining Sustainable Fashion Award 2022: Winner Announcement

One of the key highlights of the conference in a session on INNOVATIONS where we have:
1. Dr Ajay Ranka of Zydex presenting on sustainable chemistry
2. Dr Swapneshu Baser of Deven Supercriticals presenting on how waterless dyeing through supercritical CO2 can be made a reality to dye polyester and cellulosic fabrics
3. Chetan Bhangale of Arvind Ltd presenting on practical innovations in process optimisation, resource efficiency, and green chemistry in a textile dye house
4. Dr Nupur Bahadur, Head of NMCG-TERI Centre of Excellence for water reuse presenting on TADOX as a sustainable technology option to achieve ZDHC, ZLD and Water Reuse compliance.

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

16 April 2022, Mumbai:

Officina39 will be present at Kingpins Show in Sugarcity - Amsterdam on April 20t-21.

Discover the TRUSTAINABLE™ COLLECTION FW 23, “Inspiring solutions exploring chemistry plus creativity” and many other highlights.

ALSO READ Kingpins NY Show back on July 20-21,2022

Feel free to contact us to fix a rendezvous:

Officina+39 has just renovated its brand's look, but you will recognize the same, revolutionary attitude!

RELATED NEWS KINGPINS SHOW PLANS NEXT PHYSICAL EVENT IN AMSTERDAM

Kingpins is just the starting point of a colorful journey that will continue at Amsterdam Denim Days on April 22-23: follow our trail to discover the paradigmatic project Circular Explorations - Recipe for Change, Cocircular Lab. and Adriana Galijasevic x Officina39.

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14 April 2022, Mumbai:

The Indian Chamber of Commerce (ICC) is organizing a Pavilion at the Global Textile Trade fair,9-11 June, Atlanta, USA.

The US and India are the top major contributors to the textile and clothing trade across the world. For apparel, the US is one of the top importing countries across the world and India is among the top five exporting countries.

The US accounted for 35 percent of India's textile exports in the year 2020.

ALSO READ NAEC bets on the 22nd Global Textile Trade Fair, US

Apparel and home textiles together accounted for more than 90 percent of the total textile and clothing exports with a share of 52.7 and 40.8 percent respectively.

The focus will be only on the Indian market as the buyers will come with the mindset of buying from Indian Industries. No competition with other countries' suppliers as only Indian suppliers will participate.

RELATED NEWS The Indian textile industry's trade associations applaud the RoDTEP rates

Exhibitor Profile

Manufactures and Exporters of Fabrics, Yarn, Khadi, Home Textile, Apparels and Garments, Handicraft and Handloom, Ethnic Wear

Visitor Profile

Textile importers from the countries of the American continent, US government dignitaries, Indian embassy (trade department, commerce department) Importers, and textile association, Hoteliers, Apparel Brands & Labels, Overseas Industry Associations & Trade Delegations Indian Community Leaders living in the USA, Retail Stores owner of Georgia & Connected States, Well-known fashion Designers of USA.

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CREDITS: PBI (The news article has not been edited by DFU Publications staff).

18 April 2022, Mumbai:

Monte Carlo Fashions Ltd, Arvind Ltd, Trident Ltd, and Kimberly Clark India Pvt. Ltd are among 61 Indian textiles companies that have qualified for the government’s ambitious production-linked incentive (PLI) scheme for the sector. 

ALSO READ The deadline for applying for the PLI scheme has been extended once more

The Union Government today (Apr 14) said it has approved 61 applications with an investment potential of over Rs 19,000 crore under the production linked incentive (PLI) scheme for textiles.

Textile Secretary U P Singh said that a total of 67 proposals were received under the PLI scheme for the textiles sector.

RELATED NEWS Production Linked Incentive (PLI) Scheme for Textiles: Operational guidelines issued

A total of 67 companies had applied for the incentives scheme.

The government had approved the PLI scheme for Textiles products like MMF apparel, MMF fabrics and products of technical textiles for enhancing manufacturing capabilities and boosting exports with an approved financial outlay of Rs 10,683 crore over a five-year period.

Out of 67 applications, 15 were received under Part-1 and 52 under Part-2, the official said.

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CREDITS: TOI Mint Dhansutra Swarajyamag (The news article has not been edited by DFU Publications staff)

15 April 2022, Mumbai:

The government on Thursday said it has approved 61 applications of companies, including Ginni Filaments, Kimberly Clark India, and Arvind, with an investment potential of over Rs 19,000 crore under the production-linked incentive (PLI) scheme for textiles.

ALSO READ The deadline for applying for the PLI scheme has been extended once more

Textile secretary U P Singh said that a total of 67. proposals were received under the PLI scheme for the textiles sector.

RELATED NEWS Production Linked Incentive (PLI) Scheme for Textiles: Operational guidelines issued

The government had approved the PLI scheme for textiles products like MMF (man-made fibre) apparel, MMF fabrics, and products of technical textiles. 

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CREDITS: PTI & ET Dt 15-04-2022 (The news article has not been edited by DFU Publications staff).