The chairman of the Southern India Mills Association (SIMA) has advised the actual users of cotton to rely only on the estimates published by the Ministry of Textiles and ignore the press statements or information given by any other body.
Manufacturing News
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Manufacturing
Kitex group donated electoral bonds worth Rs. 25 crore to BRS in Telangana, EC data shows
The Kerala-based Kitex Group donated electoral bonds worth Rs 25 crore to the Bharat Rashtra Samiti (BRS) in Telangana, the latest data released by the Election Commission of India shows.
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Louis Vuitton has opened a second footwear factory in Italy. Adding to its large plant in Fiesso d’Artico in Veneto, the LVMH group’s flagship label has recently inaugurated a new footwear factory.
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One of the most potential export-oriented industries in the country is leather, which is seeking incentives to continue, BTA insider says.
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Chargeurs Group's CEO, Michaël Fribourg, raised their stake to 65.5 per cent by initiating a takeover bid. Despite 2023 challenges, the company targets global expansion and € 1 billion in sales by 2025.
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KPR Mill sees strong demand for yarn and garments, with growing orders, despite some margin challenges and shipment delays.