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Designing
brand strategy in apparel industry - I
Building Indian brands in global apparel market is necessary,
because the marketers can increase the value of their products
by branding. As we all know, there are very few apparel exporters
who had attempted to create brands in the global market.
'Will
the boom in home textiles continue?'
Increasing
textile mill closures
The number of closed textile mills in the country reached
the peak of 475 at the end of 2004-05, with the closure of
seven more textile units during the previous 12 months. Among
these idle mills, as many as 376 are spinning units and 99
composite ones.
The
burden of wind energy generation
The latest news from the Union Government that the textile
industry’s investment in wind energy generation would
not qualify for the Technology Upgradation Fund (TUF) is causing
disturbances in the industry’s planning process.
New
Projects
Digjam:
Dressing the world
Digjam Woollen Mills, a unit of Birla VXL, an S K Birla group
company, began its activities 55 years back in Jamnagar, Gujarat
that presently has a worldwide presence and strong reputation.
Eskay
K ‘n’ IT plans foray into China
Eskay K ‘n’ IT (India) (EKIL), the flagship company
of Navin Kumar Tayal Enterprise, plans to set up a marketing
and distribution office and sales depot in Guangzhou city
of China.
KSL
and Industries Q2 net up
KSL and Industries, a flagship company of Saurabh Tayal Enterprises
has recorded yet another impressive Q2 results.
ITEMA
open to set up production base in India
Italian textile machinery giant ITEMA is open to the idea
of setting up production base in India to tap the growing
market.
‘SDC
Enterprises introduces innovation to counter imitation products’
SDC Enterprises, UK, Bradford based manufacturer of the highest
quality test materials, is introducing a security thread woven
into the selvedge of its world leading Multifibre DW Adjacent
Fabric in a bid to protect customer and consumer interest.
ITMA
ASIA 2005 generates good response
ITMA Asia 2005 from October 17-21, has generated very good
response. The strong response for ITMA ASIA 2005 is the result
of the emergence of Asia as a major player in the global textile
industry.
Panel
rejects demand for exempting supplies to SEZs from VAT
Turning down exporters demand for exempting supplies to special
economic zones (SEZs) and export oriented units (EOUs) from
VAT, the empowered committee said the existing practice of
taxing these supplies and subsequently giving credit on the
levy will continue.
‘Don’t
fear China, invest in domestic market’
A senior textile ministry official has urged the textile manufacturers
to shed the China fixation and capitalise on the growing domestic
market and develop it further.
DHL
Danzas Lemuir enhances network infrastructure
DHL Danzas Air & Ocean, the global air and ocean freight
provider and logistics arm of DHL, has opened its new DHL
Danzas Lemuir headquarters in Mumbai, India.
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