Textile - Business News

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THAILAND: Indorama's new PET recycling plant
[Aug 12, 2011] Indorama Ventures currently operates one other recycling facility, in the US, where it plans to establish a second such plant. Suchitra said the company had entered the wool business in 1994 with the establishment of Indorama Holdings as the Kingdom's first wool-yarn producer.

INDIA: Vardhman Group now focused on MP
[Nov 09, 2010] Indian textile conglomerate Vardhman Group is now focused on Madhya Pradesh to expand its capacity for production of superior quality yarn.

INDIA: New textile park in Himachal Pradesh
[Aug 27, 2010] Two subsidiaries of the Ludhiana-based Jindal group -- Jindal Medicot Ltd and Jindal Speciality Textiles Ltd -- will set facilities at an investment of Rs.204 crore (around $43 million).

INDIA: Birla Cotsyn to enter contract garment manufacturing
[Aug 18, 2010] The company plans to set up the entire value chain process such as ginning, spinning, weaving, yarn dying, final fabric and retailing under the Birla Cotsyn brand. An additional capacity of 6,000 spindles would be created at the Khamgaon spinning unit at Rs 10 crores with the addition of an open-end cotton spinning machine.

INDIA: Arvind launches a new retail concept
[Aug 18, 2010] By blending the best of Arvind's fabric & customized Bespoke tailoring and also readymade apparels, Arvind EBO is poised to become the ultimate men's wear destination. The outlets are planned in a way that they not only live up to today's retailing standards but also create a unique position in the market. The premium brands available at the outlet include Arrow, US Polo & Flying Machine.

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