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Alpha Capital invests in women’s brand
Mumbai-based private investment firm Alpha Capital has invested Rs 80 crore in women’s ethnic and casual wear label Shree, whose owner SHR Lifestyles will spend the money to expand its reach in existing markets and penetrate new regions, especially in south India.
Arvind Envisol, Chinese company sign JV
Arvind Envisol, the wastewater treatment arm of Rs 6,900 crore textile firm Arvind Ltd, is looking for collaborations across India, Africa, Bangladesh and China for driving growth and is in the final stages of signing a joint venture agreement with a Chinese textile company.
Tax refunds to boost textile exports
The textile industry expects exports to increase with the government extending refund of State and Central taxes on shipments of apparels and made-up goods.
Uzbek blueprint to boost textiles
Uzbek President Shavkat Mirziyoyev has signed a decree to deepen reforms in the textile industry to fully reprocess raw cotton domestically and increase export potential of the country
CMAI to undertake Size India Project
CMAI and its family of over 3500 manufacturers and 45000 retailers spanning from Shillong to Srinagar and Surat to Salem heartily welcomes the announcement of the Size India Project by the Minister of Textiles, Smriti Zubin Irani.
CMAI hails clarification to e-commerce policy
The Clothing Manufacturers Association of India (CMA) has thanked the Government, especially PMO, Commerce and Textiles Ministry for implementing this much-awaited Policy, which will bring level players for all domestic retailers.
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