The Ministry of Textiles is planning to reopen applications under its Rs 10,683 crore Production Linked Incentive (PLI) scheme for Man-Made Fibre (MMF) apparel, MMF fabrics and technical textiles with relaxed investment and turnover criteria.
Business News
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Myntra has expanded its artificial intelligence (AI) capabilities across customer experience, seller enablement and operational efficiency, enabling faster seller onboarding.
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Harshit will lead Crocs' retail and wholesale business across the country, taking full responsibility for the profitability of its offline operations.
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Menswear brand The Bear House has expanded its retail presence to more than 500 points of sale across India and international markets, marking a significant milestone in its offline expansion strategy.
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India–UK FTA gets final approval, offering duty-free access to Indian textiles and apparel. Exports to the UK could rise by up to 60% in the next 3–5 years.
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Mathur joined ARKS in April 2024 as Head of Strategy & Revenue before being elevated to Chief Operating Officer in April 2025. He was responsible for long-term business planning, strategy, and business operations, contributing to the brand's expansion.
