Textile industry worried as Govt scraps export sops
The textile industry has expressed shock and anguish over the withdrawal of four per cent incentive given under the Merchandise Export Incentive Scheme (MEIS) on made-ups and garments, with retrospective effect from March 7, 2019.
GHCL net revenue for Q3FY20 down by 4%
GHCL, India’s leading chemical and textile company, announced its financial results for the third quarter of financial year 2020-21.
MGC takes over Melchior Textil
MGC, the textile manufacturing joint venture between the Carrington Textiles and the Portugal based TMG - Acabamentos Texteis SA and strategic finishing partner for Melchior Textil, has taken over Melchior Textil (Germany) from HOS-Group.
Carrick Sports acquires Phil Day Sports
STRI Group’s construction division, Carrick Sports, has expanded its UK operation by acquiring leading sports turf contractor Phil Day Sports (PDS).
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