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TEXTILE INDUSTRY WAGE COMPLIANCE
India's textile industry poised for long-term growth as global sourcing shift gathers pace: Siddhartha KhemkaIndia's textile sector is poised for significant growth, driven by a global shift in sourcing away from China and a cyclical recovery in de...- Motilal Oswal initiates coverage on KPR Mill, 7 other textile stocks with up to 43% upside. Own any?Motilal Oswal has initiated coverage on eight textile companies, turning bullish on Gokaldas Exports, Indo Count, Arvind Fashions, Pearl Gl...
- Around 400 workers from India, Bangladesh accuse Singapore firms of unpaid wagesHundreds of migrant workers, primarily from India and Bangladesh, are alleging non-payment of wages by two Singapore-registered firms. Inve...
- Centre brings together states, industry for $100 billion textile exports goalIndia aims to double its textile and apparel exports to $100 billion by 2030, with a nationwide exercise and summit focusing on strategies ...
- Scientists just made an all-silk cooling textile that reflects 94.8% of sunlight and lowers skin temperature by 4.3 °CScientists have engineered a revolutionary silk fabric, dubbed SilkNT, that cools the skin by an impressive 4.3°C without any batteries or ...
- Raymond Lifestyle looking to capture UK fashion market via FTA: Chairman Gautam Hari SinghaniaRaymond is gearing up for a significant global expansion, with Executive Chairman Gautam Hari Singhania highlighting the UK-India Free Trad...
- Shreedhar Spinners IPO: Check GMP, subscription, price band and other detailsThe NSE SME issue will remain open for bidding till June 25. The company aims to raise Rs 30.68 crore through an entirely fresh issue of 57...
- World Bank approves USD 1.5 bn loan to support India's reforms, job creationIndia's push for private sector-led growth and job creation has received a significant boost with the World Bank approving USD 1.5 billion ...
- Entire political science of data doctoring: Congress slams govt on rural wage figuresThe Congress party has accused the Modi government of artificially inflating rural wage growth figures. According to Congress general secre...
- World Bank clears $1.5 billion package to boost India's structural reforms, private sector jobsThe World Bank has approved a $1.5 billion financing package for India, aimed at accelerating structural reforms and stimulating private se...
- How a Noida-based apparel maker found its way into wardrobes worldwideCTA Apparels is embracing automation and vertical integration to enhance speed, transparency, and traceability. This shift positions them a...
- India’s trade strategy: Moving beyond FTAsCurrently, India’s FTA utilisation rate hovers around 25% compared to 70-80% in developed economies.
- From raincoats to briefs to diapers: Textile PLI shows green shoots as imports drop, niche exports tripleIndia's textile sector is showing promising growth. The Production-Linked Incentive scheme is boosting local manufacturing. Imports of spec...
- India-UK CETA to help textile exporters double UK market share to 12% in 3-5 yearsIndian textile exporters anticipate a significant boost in the UK market. The new India-UK trade deal, effective July 15, offers zero duty ...
- Saudi Arabia limits instant work visas for new businessesSaudi Arabia has introduced new rules for instant work visas. Newly established businesses can now get up to five visas. Older companies ca...
- Iran truce may revive India's textile exports, industry saysIndia's textile exports are set for a significant boost following the end of the Iran war. Manufacturers anticipate lower raw material cost...
- West Asia peace deal seen boosting India's textile exportsIndia's textile exports are set for a boost following the end of the West Asia conflict. European orders are expected to rise, improving pr...
- Textiles minister Giriraj Singh targets ₹33 lakh crore textile market by FY31India's textile market is set to double to ₹33 lakh crore by 2030-31. This growth will create nearly 2 crore new jobs. The government is al...
- India counters US Section 301 probe claims of surplus capacity in textiles, steelIndia is pushing back against US allegations of excess production capacity in textiles and steel. Government officials argue that domestic ...
- Firms defaulting on labour wage may face ban from govt tendersCentral agencies can now ban contractors from government projects for failing to pay worker wages or social security contributions. Repeat ...
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