Industry News For HR Professionals

INDUSTRY NEWS

Textile processors in lurch as gas supplies run short February 23, 2009 (India)
The supply of natural gas which was hampering operations of the textile industry in neighbouring countries like Pakistan and Bangladesh has now come t.....

Plasma technology abets angora cottage industry February 23, 2009 (India)
Angora, the rabbit fibre is infamous for its soft feel, silky touch and heat insulating capabilities. The smooth surface of the fibres generates elect.....

More policy measures on cards for exporters February 23, 2009 (India)
The expectations of stake holders from the textile and garment industry were crushed beyond hopes, when the interim union budget was announced last week. The trade was expecting a slew of measures to revive flagging exports from the sector.But, there is still hope for the exporters from the textile and garment industry. The government ..........

14th Leather Goods Intl Fair begins in Kolkatta February 23, 2009 (India)
There is an urgent need to increase domestic as well as export markets for leather goods, so said the West Bengal Finance Minister, Mr Asim Dasgupta, .....

Provogue to open 35 more outlets February 21, 2009 (India)
Times are difficult and the retail industry in particular is going through a real stressful period, what with consumers pushing their hands deeply int.....

Khadi exhibition begins from today in Mangalore February 21, 2009 (India)
The Karnataka State Khadi and Village Industries Board (KSKVIB), Village Industries Commission and the District Industrial Centre are jointly organizi.....

Textile industry clamor’s for relief February 21, 2009 (India)
The Indian textile industry is passing through highly stressful times since the last few months, since the economic turmoil broke out in the early day.....

VLCC opens two more 'Day Spa's' February 21, 2009 (India)
VLCC, a leader in the wellness domain, today announced the opening of two more Day Spas, in Greater Kailash – 1, New Delhi and Galleria, Gurgaon respe.....

Technical textiles market poised to reach Rs 64K crore by 2013 February 21, 2009 (India)
Domestic technical textile market is envisaged to emerge as a major growth area in the textile segment in the forthcoming years. Industry experts pred.....

Century Textiles to suspend tyre yarn production at Kalyan plant February 20, 2009 (India)
Century Textiles & Industries Ltd has informed that in view of adverse market scenario and demand recession, the Company is in the process of temporar.....

Textile companies facing reduction in overseas orders February 20, 2009 (India) Textiles Export Promotion Council/bodies have been reporting substantial slow down in demand from overseas markets especially from Europe and the US. .....

Inflation falls to 13-month low February 20, 2009 (India)
The following is the statement of Department of Economic Affairs, Ministry of Finance on inflation issued:

'Slowdown hits exports of synthetic textiles' - SRTEPC Chairman February 20, 2009 (India)
The slowdown in global economic growth has begun to hamper Indian exports of synthetic & rayon textiles, according to Shri Ganesh Kumar Gupta, Chairm.....

Maharaja Shree Umaid Mills does exceptional well in textile segment February 19, 2009 (India)
As usual, January month ended in the backdrop of companies’ declaring their financial results. However, this time situation was altogether different f.....

Raima Sen unveils Nebula Calligraphy collection for men February 19, 2009 (India)
Nebula, the exquisite range of solid 18K gold watches from Titan, has introduced Nebula Calligraphy - a collection inspired by the art of Calligraphy......

FACT restarts Caprolactam plant February 19, 2009 (India)
The Caprolactam plant of Fertilisers and Chemicals Travancore Limited (FACT), which has been closed down for six months, is being restarted. Producti.....

Intertek opens new state of art technology lab for consumer goods February 19, 2009 (India)
Intertek opened a new laboratory and office in Mumbai to support continuing demand for services from Indian and international companies in India. Inte.....

Cotton exports incentive to strengthen competitor competitivness February 19, 2009 (India)
The Government of India has announced 5% duty credit scrip for raw cotton with effect from April 1, 2008 and the benefit would be available for all co.....

Schwarzkopf unveils range of Hair Spa Therapies February 19, 2009 (India)
Schwarzkopf Professional, the leader in the hair-care industry, unveiled their range of Hair Spa therapies for the perfect hair nourishment & care in .....

Roberto Cavalli Eyewear collection inspired by Greek Gods February 19, 2009 (India)
The legendary world of the mythical Greek Gods of Mount Olympus, symbols of virtue and guardians of the arts, is the inspiration for the new Roberto C.....

Model auditions for Wills Lifestyle India Fashion Week February 18, 2009 (India)
The Wills Lifestyle India Fashion Week (WIFW) announced the new dates and venue for the 13th edition of the Wills Lifestyle India Fashion Week Autumn/.....

Texanlab approved by CPSC to test for lead content in clothing February 18, 2009 (India)
Texanlab Laboratories Pvt. Ltd., India, a member of the DyStar Group, has now been approved by The Consumer Product Safety Commission (CPSC), USA to t.....

Govt declares 5% duty incentive on cotton exports February 18, 2009 (India)
The Directorate General of Foreign Trade in a notice put up on its website mentions that a 5 percent duty incentive is available on exports of raw cot.....

Brandhouse inks JV with Italian apparel brand Oviesse February 18, 2009 (India)
Brandhouse Retails Ltd. (BHRL), one of the leading fashion retailers in India, announced its joint venture with Italy’s leading apparel brand ‘Oviesse.....

Bata India to open 40 stores with international style format February 18, 2009 (India)
Bata India Ltd, the largest footwear retailer in the country announced that it will open 40 new retail stores across the country in the 1st quarter of.....

Young Entrepreneurs Group of CITI meet to discuss impact of crisis February 18, 2009 (India)
The Young Entrepreneurs Group of Confederation of Indian Textile Industry (CITI-YEG) met in Ahmadabad to discuss the impact of the economic recession .....

Garment exporters body criticizes interim budget proposals February 18, 2009 (India)
Reeling under the impact of a global slowdown, the Garments Exporters have criticized the Interim Budget proposals for lack of any special provision t.....

J&K Handicraft Corp officials partake in fake exhibitions February 18, 2009 (India)
In the name of holding exhibitions in overseas markets, officials of the Jammu and Kashmir Handicrafts Corporation have siphoned off millions of rupee.....

Terrot to display advanced knitting machines at Tirupur expo February 18, 2009 (India)
Knit-tech is due to take place from the 20th to 23rd of February this year in Tirupur, (HITECH TIRUPUR EXHIBITION CENTRE, T.M POONDI). Terrot is among.....

'Government committed to help handloom weavers'- Textile Minister February 17, 2009 (India)
The Government is committed to help handloom weavers to meet the challenges of globalization and modernization. The Union Minister for Textiles, Shri .....

J&K looses heavily due to poor processing capacity of raw wool February 17, 2009 (India)
The northern most state of India; Jammu and Kashmir, is famous the world over for its Pashmina shawls. But the sheep breeding industry, which produces.....

Scathing reaction of textile & garment bodies to budget February 17, 2009 (India)
The Interim Union Budget presented by the Finance Minister of India, will go down in history as the biggest letdown budget in the history of independe.....

Teijin to present lead-edge, environmentally oriented technologies at IETF February 17, 2009 (India)
The Teijin Group announced that it will participate in the 18th International Engineering and Technology Fair (IETF 2009), which will be held at the B.....

Surcharge on corporate tax should be removed : ASSOCHAM Chief February 17, 2009 (India)
Finance Minister in his Vote on Account spelt out host of measures for new government to roll out when it presents the full budget for 2009-10 to meet.....

'We were expecting comprehensive package from budget' - SIMA Chief February 16, 2009 (India)
The Indian textile industry is passing through an unprecedented crisis due to global financial melt down, high bank interest rates, over 45% increase .....

B'desh garment sector has full blessings of its Govt - Exporters Body February 16, 2009 (India)
Bangladesh, a small country adjacent to the eastern shores of India has recently created history by overtaking India, in shipments of apparel to the U.....

'Increase duty drawback rates by 4% urgently' - Mr Vaid, AEPC February 16, 2009 (India)
The Apparel Export Promotion Council (AEPC) today called for immediate increase in duty drawback rates by four percentage points to beat growing compe.....

50th Joint Technological Conference at ATIRA, Ahmedabad February 16, 2009 (India)
A total of 30 Technical Papers will be presented during the 2 day conference. This year, being Golden Jubilee of JTC, Speakers are not only from ATI.....

Andhra Pradesh Govt waives off loans of weavers cooperatives February 16, 2009 (India)
The Andhra Pradesh government decided to waive off, all outstanding loans and accrued interest amounting to Rs 3,270 million from all the weavers and .....

Endemic job losses likely to increase by April '09 February 16, 2009 (India)
Indian textile industry being the second largest, next to agriculture is badly hit by recession. Industry analysts predict that by the end of April 20.....

Handloom Marketing Complex to be set up in Delhi February 16, 2009 (India)
The Union Minister for Textiles, Shri Shankersinh Vaghela will lay the foundation stone of “Handloom Marketing Complex” here tomorrow. The new Mar.....

Nalli NEXT hosts fashion show showcasing vibrant collection February 16, 2009 (India)
Nalli NEXT has hosted a fashion show choreographed by none other than Bangalore’s fashion guru Mr.Prasad Bidapa. The event, a sequel to the launch of .....

Interim Union Budget Snippets 2009-2010 February 16, 2009 (India)
The Minister for External Affairs, Shri Pranab Mukherjee, who is holding the additional charge of the Finance Ministry, has just risen in the Parliame.....

'Reduce duties to be able to quote competitive prices' - IIGM February 14, 2009 (India)
With the interim budget, days away from being presented by the Union Finance Ministry, the trade bodies and companies would have already presented the.....

Handicraft sector on strike to protest levy of tax February 14, 2009 (India)
Thousands of handcraft artisans, manufacturers and traders held a day long strike in Agra, to protest against imposition of tax on handicraft products.....

Karur Textile Park set to begin operations in six months February 14, 2009 (India)
The Karur Textile Park, which was approved under the integrated textile park scheme of the Union Government, is all set to begin operations, within a .....

Mumbai to get its very own textile museum February 14, 2009 (India)
Mumbai, the financial capital of India and which was host to more than 100 textile mills a few decades ago, is all set to bring back memories of these.....

Lower yields & adverse climatic conditions hits cotton crop February 14, 2009 (India)
Cotton output from India, which was earlier estimated at 32.2 million bales (1 bale=170 kg) in October 2008, has been revised to 29 million bales, a d.....

Century Textiles optimistic about Q4 February 13, 2009 (India)
Ongoing recession and the slowdown in domestic demand have impacted performances of many established players in the textile industry. Accordingly, the.....

Karur home textiles units see 35% drop in exports to US February 13, 2009 (India)
The Global Slow down has no doubt taken its toll on exports sector notably Textiles causing significant job losses. Even at this juncture the CSO (Ce.....

Index for textiles group decline by 0.8% February 13, 2009 (India)
The official Wholesale Price Index for ‘All Commodities’ (Base: 1993-94 = 100) for the week ended 31st January, 2009 declined by 0.74 percent to 228.4.....

‘Harshakala’ – Confluence of handloom textiles from across India February 12, 2009 (India)
A handloom expo “Harshakala” sponsored by the Ministry of Textiles, Karnataka, was inaugurated by the Minster of Textiles, Mr Shekar. This trade fair .....

Reliance Industries wins prestigious award from FICCI February 12, 2009 (India)
Reliance Industries Limited (RIL) has been awarded the prestigious “Annual FICCI Awards 2007-08” in the category of ‘Excellence in Science & Technolog.....

Operating Margins Under Crunch: Vardhman Group February 12, 2009 (India)
Vardhman Group- a major integrated textile producer in India has diversified portfolio that includes manufacturing and marketing of Yarns, Fabrics, Se.....

‘Expect more job losses April onwards’ – Mr Vaid, AEPC February 12, 2009 (India)
The Bangladesh garment industry was in the news recently, on their achievement in overtaking India in apparel exports to the US. This news has come on.....

Union Minister Kamal Nath to inaugurate Carpet Expo February 12, 2009 (India)
Shri Kamal Nath, Union Minister of Commerce and Industry, will be inaugurating the 14th India Carpet Expo today, 12th February at Pragati Maidan. .....

CSKHPKV gets Rs13.9 mn R&D project on Pashmina February 11, 2009 (India)
The CSK, Himachal Pradesh Agricultural University has been sanctioned a new research project worth Rs. 1.39 crore under the National Agricultural Inno.....

'The Collective' wins most admired fashion concept of year award February 11, 2009 (India)
`The Collective’ a super premium Lifestyle Retail Brand, from Madura Garments Lifestyle Retail Co. Ltd won the prestigious `Most Admired Fashion Conce.....

Turn desire into reality with the cool Cantabil summer collection February 11, 2009 (India)
From the glamorous to the practical, this turns desires into reality with its appealing style and caressing cuts, reveals the feminine affection with .....

Silk imports witness decline in H1 of current fiscal 2008-09 February 11, 2009 (India)
According to statistics available from the Central Silk board, the nodal agency for the silk trade in India, imports of silk in the first half of the .....

Allen Solly unveils Valentine collection February 10, 2009 (India)
Allen Solly announces its Valentines Day collection to make the day really special. Allen Solly's exclusive Valentine day collections for Men & Women .....


Alok Inds to focus on home textiles, apparel fabrics & polyester yarn in Q4 February 10, 2009 (India)
Companies in the country are engaged in preparing summaries on their financial performances for the just completed third quarter ending December 2008,.....


CANTABIL brings ‘Pink Valentine’ February 10, 2009 (India)
Every February, across the country, candy, flowers and gifts are exchanged between loved ones, all in the name of St. Valentine. The history of Valent.....


Woodhead publishes first of two books on textiles February 9, 2009 (India)
Woodhead Publishing India (WPI) has released its first two books “High Speed Spinning of Polyester and Its Blends with Viscose” and “Fundamentals of D.....


Spinning mills have reason to cheer February 9, 2009 (India)
Spinning mills have reason to cheer on hearing the decision of the Union cabinet to offload cotton stocks held by the Cotton Corporation of India (CCI.....


Co-optex Handlooms to chalk export growth of 15% February 9, 2009 (India)
Co-optex Handlooms, run and managed by the Tamil Nadu government, expects to increase its export turnover by 15 percent, through shipping of handloom .....

Signature line of innerwear from Levis set to storm Indian markets February 9, 2009 (India)
The Tirupur based Stallion Garments, having a turnover of Rs 800 million and 1,500 employees, has procured a license to manufacture and market Levis S.....


Gokaldas Exports net profit dip in Q3 February 9, 2009 (India)
Gokaldas Exports Limited has posted a marginal growth of 3.5% in sales despite the fact that the apparel retailing has been reeling under heavy recess.....


Lower off take in consumption of cotton expected in current year February 7, 2009 (India)
Reduction in purchasing power in domestic as well as in worldwide markets, following the economic slowdown is likely to result in lower cotton consump.....

New DESI store to promote cause of ecology & weavers February 7, 2009 (India)
DESI, an acronym for “Developing Ecologically Sustainable Industry”, has opened a new store in the town of Hubli in Karnataka. The otherwise neglected.....

'The Loot' retail chain store bags four prestigious awards February 7, 2009 (India)
Retail major and discount store format pioneer The Loot, is not just growing in size, but also in its reputation and recognition. Begun just 4 years a.....



'Imposing anti-dumping duty detrimental to weavers' - Mr Jariwala February 7, 2009 (India)
The Union Finance Ministry recent proposal to impose anti-dumping duty on import of Full Draw Yarn (FDY) from other countries has got the weavers of S.....



Reduce excise duty on textile machinery from 14% to 8% : ASSOCHAM February 7, 2009 (India)
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has proposed reduction in excise duty for textile machineries from 14% to 8% with.....



D’COT celebrates its grand opening of 150th showroom February 6, 2009 (India)
D’COT - A retail division of Donear industries limited is one of the fastest retail chains in India to expand its network rapidly in a very short span.....



If policy space used judiciously, sector can re-employ 1 mn workers February 6, 2009 (India)
The textiles and clothing industry can re-employ about one million workers who may lose jobs this year and create another 2.5 million additional jobs .....



January reveals depressing export figures from textile sector February 6, 2009 (India)
The recently released export figures for January 2009 show a sharp dip in value of overall value of exports from India, falling by xx percent, as against in December 2008, when the decline in exports had been arrested and saw value of shipments falling by only x.x percent when compared to their respective periods of the previous years .........



MoU between Abhishek Corp & Maharashtra Gov for Yarn Dyed Shirting Fabric project February 6, 2009 (India)
Abhishek Corporation Ltd, a textile and construction Company signed a Memorandum of Understanding (MoU) with the Government of Maharashtra, respect of.....



SDC to host 'Sustainability in Coloration: Vision 2020' in June February 6, 2009 (India)
In June 2009, for the first time ever, the SDC will be joining forces with its associate organisation SDC India to stage a global event that promises .....



NIFT center to provide global exposure to Himachal costumes February 5, 2009 (India)
Other than conserving the traditional mode of wearing costumes, the National Institute of Fashion Technology (NIFT), proposed to be set up in Kangra D.....



Zari embroidery industry looses its luster & glitter February 5, 2009 (India)
Today, when all industries are facing challenge of downtrend, Zari Industry is not an exception. It is an ancient technique used in variety of trimmin.....

Spanish Inditex buys 51% stake in Trent February 5, 2009 (India)
Trent Limited, the retail arm of the Tata Group, announced a joint venture with Inditex Group, to develop and promote Zara stores in India. Inditex is.....


HEPC releases Handloom Atlas of India February 5, 2009 (India)
The Handloom Export Promotion Council (HEPC) released a Handloom Atlas of India, which contains data on the handloom industry in the country along wit.....


Bangladesh overtakes India in garment exports to US February 5, 2009 (India)
For the first time in history, the small country of Bangladesh, which borders India on its eastern side, has been able to pip India in exports of garm.....


CM of Himachal Pradesh announces schemes for wool breeders February 4, 2009 (India)
The Chief Minister of Himachal Pradesh, Mr Prem Kumar Dhumal, while presiding over the 10th meeting of H.P. Gaddi Welfare Board convened at Dharamsala.....


Loan waiver for handloom weavers on cards February 4, 2009 (India)
While launching the newly set up Fashion and Design Promotion Council, the Textile Minister, Mr Shankersinh Vaghela said that the government is likely.....


Mrignayanee’ handloom & handicrafts expo in Kozhikode February 4, 2009 (India)
The Kozhikode, Kerala, branch of the Madhya Pradesh Handicrafts and Handloom Development Corporation Ltd. has organised an exhibition cum sale of hand.....


Jewellery brand Sia launches Valentine’s Day collection February 4, 2009 (India)
Sia Art Jewellery, the country’s premier art jewellery brand, has launched a special Valentine’s Day collection in its stores across India. This compr.....


Tommy Hilfiger bags Most Admired Premium Fashion Brand of the Year at IFA February 4, 2009 (India)
Tommy Hilfiger was, once again, awarded the Most Admired Premium Fashion Brand of The Year at the scintillating finale of Images Fashion Awards 2009 (.....


Century Denim to cutback production by 50% February 4, 2009 (India)
The global economic slowdown is slowly but surely taking its toll on capacity operations of numerous companies. One of the oldest textile companies in.....


Three pronged approach to tackle crisis - Mr Hussain,Chief, CLE February 4, 2009 (India)
The 24th India International Leather fair, has despite the global economic crisis, able to line up 393 exhibitors, of which 122 are from overseas and .....

Act fast to revive export growth: Mr. Sakthivel, President FIEO February 4, 2009 (India)
The constant decline in exports from October 2008 to January 2009 is of serious concern to us. The double digit decline of 22% in January 2009 ,big.....



Oris creates special collection for Bob Dylan February 4, 2009 (India)
In one of his greatest hits, Bob Dylan sings that "The Times They Are A-Changin" but the great man himself remains constant. In the sixties he came.....



Knit-Vision to start on Feb 6 February 4, 2009 (India)
After the grand success of 11th Garment Technology Fair, we feel pleasure to organizing our next edition of Knit-Vision series, Knit-Vision 2009 (12th.....



Shri Lakshmi Cotsyn witnesses high growth in technical textile segment February 4, 2009 (India)
Shri Lakshmi Cotsyn Limited (SLCL), diversified group has reported a net profit of Rs 17.08 crore for the FY09 second Quarter ended December 31, 2008 .....



'fMM&T 2009' footwear industry fair from May 8-10 February 4, 2009 (India)
fMM&T 2009 is the fair the footwear industry is waiting for. In India, the footwear market is growing steadily and local manufacturers need to meet re.....



Coty to assist CavinKare to build up market for adidas products February 3, 2009 (India)
Indian FMCG major CavinKare has entered into a strategic alliance with Coty Inc the world’s leading fragrance marketer, to market the entire adidas pe.....



Koutons Retail registers growth of 32% in Q3FY09 February 3, 2009 (India)
Koutons Retail India Ltd reported net sales of Rs. 228.95 crore for the quarter ended December 31, 2008 compared to Rs. 173.10 crore in corresponding .....



Exports of handlooms & handicraft plummet sharply in December February 3, 2009 (India)
The overall export performance from the country has shown an encouraging trend in December 2008, but shipments of handlooms and handicrafts have falle.....



International Workshop on Marketing of Technical Textiles to be held in April February 3, 2009 (India)
TecniTex Nonwovens in association with Texas Tech University, USA , South India Mill Owners Association – SIMA and Sardar Vallabhbhai Patel Institute .....


Showcase of Swarovski Elements platform at IIFJAS February 3, 2009 (India)
CRYSTALLIZEDTM – Swarovski Elements, the crystal elements brand from Swarovski showcased creative collaborations in jewelry at the India International.....

Schwarzkopf & Aavaranaa Boutique to host 'Fusion Creation 09' February 3, 2009 (India)
Give your looks the best shot on any sparkling day or night, when the camera flashes, let it flash only on you! The best adorned saree, the charismati.....



Global slowdown does not dim prospects of Intl Leather Fair February 3, 2009 (India)
The economic turmoil and the resultant slowdown might have affected most sectors globally, but the huge exhibitor turnout, totaling to 390 at the Indi.....



Peter England to extend reach to 1,000 towns by year end February 3, 2009 (India)
According to Mr. Kedar Apshankar, Chief Operating Officer (COO) of Peter England, the brand from the Madura Garments stable, the brand intends to exte.....



Aubade redefines its strategy in India by e-commerce tool February 3, 2009 (India)
After entering the Indian market in 2003 and becoming the first International Lingerie brand in the Luxury category to come to India, Aubade has cross.....



New stimulus package to target textile & leather sector February 2, 2009 (India)
According to the Minister for State for Industries, Mr Ashwani kumar, the government will announce a new stimulus package within a period of four to s.....



EBIT margin of Raymond's textile segment up by 16% February 2, 2009 (India)
Raymond Limited announced its un-audited financial results for the quarter ended December 31, 2008. The Textile segment sales registered an increa.....



Lectra to present latest integrated range at India Intl Leather Fair February 2, 2009 (India)
Lectra, the world leader in integrated technology solutions dedicated to industries using soft materials—textiles, leather, industrial fabrics, and co.....



'Pratibimb 2009' - a huge success February 2, 2009 (India)
Renowned Italian fashion institute 'Istituti Callegari Mumbai' and VJTI college's national level annual cultural fest, 'Pratibimb 2009' ended with muc.....



Foray of global apparel retailers put on hold February 2, 2009 (India)
The global economic turmoil and its after effects are taking a toll on the fast growing retail sector, the clothing retailing in particular. Plans of .....

Machinery investment enhances Clariant customer service capabilities February 2, 2009 (India)
A facility that consolidates Clariant’s leading application services and expertise for customers in the technical textile sector was formally launched.....

Update News By : Satish Kumar Mani, HR Executive, SMPL.