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Textiles Sector News & Updates - May 20, 2024



GHCL Textiles inks MoU for investing Rs 535 crore in Tamil Nadu
Textiles   -  Jan 13,2024
GHCL Textiles, a yarns manufacturer in Tamil Nadu, has committed Rs 535 crore for capacity expansion and renewable energy projects. The company signed a memorandum of understanding at the Global Inves .


PM Mitra Park SPVs reach final stages
Textiles   -  Dec 27,2023
The Pradhan Mantri Mega Integrated Textile Region and Apparel (PM MITRA) parks, aimed at boosting the textile sector, are in their final stages of establishment. Special Purpose Vehicles (SPVs) for th .


Malihabad PM Mitra Textile Park to be connected with Four Lane Road
Textiles   -  Nov 23,2023
The PM Mitra Mega Textile and Apparel Park in Atari village, Malihabad, will enhance connectivity with a four-lane road, covering a 14.280 km outer ring road (Ratha Underpass) to the park. The road fr .


Integrated Textile City to be built near Ahmedabad
Textiles   -  Nov 14,2023
Narol Textile Infrastructure and Enviro Management (NTIEM) plans to build an integrated textile city near Ahmedabad, with an estimated cost of Rs 25,000 crore on 2,000 acres. The project, set to be fi .


Tamil Nadu government gives nod for six mini textile parks in State
Textiles   -  Oct 30,2023
The Tamil Nadu government has approved six small textile parks, with eight more awaiting permission. The plan, dormant since 2015, has been revived and received significant interest. It offers a 50% s .


Tempe Grupo Inditex to commence production in Bengal: Mamata Banerjee
Textiles   -  Sep 19,2023
West Bengal Chief Minister Mamata Banerjee met with Tempe Grupo Inditex executives in Madrid, Spain, and announced that textile manufacturing will move to Bengal. Tempe Grupo Inditex, known for Zara, .


Foundation stone laid for first industrial park under Yamuna Motorway Industrial Development Authority
Textiles   -  Sep 01,2023
The foundation stone for the first industrial park under the Yamuna Motorway Industrial Development Authority (YEIDA) was laid, with a focus on the planned Noida international airport. The 175-acre Ap .


Gujarat govt signs 4 more MoUs for Rs 1,000 crore investment
Textiles   -  Aug 30,2023
The Gujarat government is proactively signing Memorandums of Understanding (MoUs) with industrial enterprises in anticipation of the Vibrant Gujarat Summit 2024. Four MoUs have been inked, spanning te .


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