India Textile News Summaries

INDIA: Single Brand Retail - 100 Per Cent FDI Notified
Department of Industrial Policy and Promotion Ministry of Commerce and Industry notified the decision to allow 100 per cent FDI in Single brand retail.

INDIA: Moody's upgrades Sovereign Credit Ratings for 4th time
On 20th December, 2011, Moody's Investor Services released a credit rating update for India. It upgraded the rating on long-term government bonds denominated in domestic currency from Bal to Baa3 (from speculative to investment grade).

INDIA: India Post & Air India to make logistics easy
India Post today signed an MOU with Air India for carriage of "Logistics Post Air" Service by Air India. This service will help the customers to send their consignments to different parts of the country, especially to the North-Eastern region without difficulty.

INDIA: Sensitive items' imports increase 41%
Total import of sensitive items for the period April-October 2011 has been Rs.57399 crores as compared to Rs.40486 crores during the corresponding period of last year thereby showing an increase of 4.18%.

INDIA: EKMATRA - Khadi luxury wear for the urban class
Under the Ekmatra brand the Sarvoday Ashram Trust sells premium lifestyle fashion for men and women. The brand targets the urban customers.

INDIA: Fashion and you launches a Fashion and you Juniors on Children's Day
Fashionandyou.com takes the drool-worthy world of indulgence to another level with the introduction of "Fashionandyou Juniors".

INDIA: BHPC announces the launch of their Fall 2011 collection
Explore international fashion with BHPC. This season, BHPC brings to you the best of global fashion and style, inspired by the capital cities around the world.

INDIA: One - Stop - Solution for all fashion savvy people with trendy tshirts
99TSHIRTS.COM provides you a highly user friendly platform where you can design your t-shirt or any other apparel, choose its style, color, size, place texts, upload images or even photographs to the front, back, sleeves or any where you desire.

INDIA: China trade to touch US$ 100 billion by 2015
The Union Minister for Commerce, Industry and Textiles Shri Anand Sharma has expressed confidence that India China are on course to achieve the bilateral trade target of US$ 100 billion by 2015.

INDIA: Public Procurement Policy for MSEs
The Cabinet today approved the Public Procurement Policy for goods produced and services rendered by Micro and Small Enterprises (MSEs) by the Central Ministries/Departments/PSUs to be notified under Section 11 of the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006.

INDIA: 21 New Textiles Parks in next three years
Government has sanctioned 21 new Textiles Parks under the Scheme for Integrated Textiles Parks with a project cost of Rs. 2100 crores to be implemented over a period of 36 months.

INDIA: PMEGP generated employment for 13.16 lakh workers
PMEGP is a Central Sector Scheme administered by the Ministry of Micro, Small and Medium Enterprise. At the State/UT level, the Scheme is implemented through field offices of State KVIC, State/UT Khadi and Village Industries Boards and District Industries Centers with the involvement of banks.

INDIA: Technical Textiles - 20% growth is likely
India has all that it takes to harness this technology oriented sector, and provides a huge opportunity, both as an investment destination, and as a robust market for technical textiles.

INDIA: Sops for the Textiles Industry
In his announcements for the Foreign Trade Policy (2009-14) here yesterday, Shri Anand Sharma, the Union Minister of Textiles, announced various incentives for the Textiles sector. The sector is reeling under economic uncertainty at global level and pulls and pressure at domestic levels.

INDIA: Rocky S’s lavish and crafty mix collection at bridal fashion week
Rocky S presented an understated collection of anarkalis, saris and menswear as part of his bridal line.

INDIA: Paris Hilton unveils her personal Bag Line in JW Marriott
International celebrity Paris Hilton finally arrived here Saturday morning and left the shutterbugs fluttering, as she stepped out of the Chhatrapati Shivaji International Airport in a blue long dress.

INDIA: AVIBW 2011 kicks off today
'Aamby Valley India Bridal Week' will be showcasing beautiful bridal-wear made by India's leading fashion designers.

INDIA: Latest wedding trends available at Vasari.
On your Wedding Ceremony, wear your dream attire and get noticed with the latest wedding trends available at Vasari. Vasari has come up with a range of ethnic as well as Indo-ethnic sherwanis for men, and trendy lehangas for women.

INDIA: Growth in private schooling to boost school uniform market in India
Netscribes (India) Pvt. Ltd., launches a report on the Branded School Uniform Market in India 2011 as part of Netscribes’ Consumer Goods Industry report series.

INDIA: Retailers excited over expanding Bangla imports
For the last few years, 17 textile and readymade goods, including woven tops and bottoms, have been allowed to be imported to India, duty-free. This basket has now been expanded to 48 items, including T-shirts and knit-wear which could not be imported earlier.

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