Garments

Union Government launches special package for Apparel Sector

Union government has announced a Rs. 6,000 crore special package for the textile and apparel sector. The package, which will be implemented soon, aims to help in creating one crore jobs, mostly for women, in the next three years. The package, approved by the Union Cabinet includes several tax and production incentives. The government has also suggested bringing in flexibility in labour laws to increase productivity. These initiatives are expected to lead to an increase in exports by $30 billion and help attract investment worth Rs. 74,000 crore in three years. Through changes in schemes and regulations, the government are ensuring that the sector realises its full potential in India. Though India was the leader from the years 1995 to 2000, Bangladesh?s apparel exports exceeded that of I
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WBIDC to develop garment park in Kalipur

West Bengal Industrial Development Corp is planning to set up a garment park in Kalipur in Budge Budge in South 24 Paraganas district in West Bengal. The project cost is estimated at Rs. 1500 million and will come up in two phases. The company has invited bids to develop the same in February 2015
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Ready Made Garment Industry in India

India is the second largest garment producer in the world. It has recently replaced Germany & Turkey to reach the spot. Garment forms 45% of overall textile trade and is facing stiff competition from Bangladesh, Vietnam and China. India has overtaken Germany and Italy to emerge as the world's second largest textile exporter, but it lags well behind China, whose exports are nearly seven times higher. India's Garment Industry has been rapidly growing in last few years. Exports have been rising as there is an increase in orders from global buyers accompanied by a rise of investments in modernization in the garment sector of the country. It is a key industry as it contributes substantially to India's export earning, it is believed that one out of every six households in the country depends
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    Sangam India Ltd

    Sangam Group, a textile major has diversified into infrastructure, power and recently the steel industry. The Group has introduced the world's largest medium frequency induction

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    SCM Garments Pvt Ltd

    SCM Garments Private Limited forayed into the textile industry in 1989 at Tirupur. Initially established to cater to the increased demands of the export market, today, they are

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    Scott Garments Ltd

    Scott Garments has 15 factories and state of the art textile mills based in Karnataka and Tamilnadu.

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    SEL Manufacturing Ltd

    SEL commenced operations in 1969 is a leading vertically integrated textile conglomerate having a turnover of over INR 2300 crore. SEL is operating in various textile sub-segmen

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    Shiva Texyarn Ltd

    Incorporated in 1980 as Annamalai Finance Private Ltd, Shiva Texyarn Limited (STL) was converted into a public limited company in 1985 and later renamed as STL. At present, STL

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    Sri Lakshmi Cotsyn Ltd

    Shri Lakshmi Cotsyn Ltd. is one of the fastest growing Indian conglomerates. It is a US$ 250 million group company and is an integrated multi product and multi market player cov