Home Textiles

A growing worry within the textile industry is also about consumption declining in America due to higher prices of imported products which would directly impact India's export growth despite having a competitive edge on tariffs over other countries.

Apparel, home textile exporters see healthy uptick in sales amid trade tensions

Vendor consolidation and shift in global sourcing away from China, Bangladesh is expected to benefit India

Welspun Living Ltd: Driving Growth through Innovation and Strategic Investments

Welspun Living Ltd is a prominent home textiles player with a global presence, offering diverse products like towels, bed sheets, and rugs, while expanding through strategic investments, brand growth, and innovative solutions.

Govt likely to finalise production linked incentive scheme for garments early next year

The government has already announced a PLI scheme for man-made fibre garments and technical textiles.

Welspun India's Q2 net profit down 96% at Rs 8.33 crore

It had posted a consolidated net profit of Rs 201.50 crore in the July-September quarter a year ago, Welspun India said in a regulatory filing.

Home textile exporters to see contraction in turnover this fiscal: Report

After peaking in the third quarter of FY22, the turnover of home textile exporters moderated in the quarters ended March 2022 and June 2022 amid a slowdown in demand, a report by rating agency Icra said.

Demand headwinds intensify for home textile exporters

As demand ebbs, inventories are piling up at US retailers, warranting price cuts and inventory markdowns

Resurgent COVID-19 may not upset home textile exports growth, but rising costs a worry

Healthy order book and market share gains in US imports of cotton made-ups will help home textile exporters maintain growth momentum

Indian curfews bring forward orders for home textile exporters

Trident and Indo Count have firm orders for six months. Both saw strong growth in March 2021 quarter and expect the momentum to continue in FY22

Anti-China sentiment: India should seize the opportunity in textile exports

India gained market share in US imports of cotton home textiles in 2020 and this year. Exports of readymade garments rose in March after several months of declines

Welspun India Q3 profit rises over twofold to Rs 174 crore

The company had posted a consolidated net profit of Rs 75.09 crore in the same period last fiscal.

Here’s why Credit Suisse has initiated coverage on Welspun India

The research firm has highlighted the company’s growing market share, advantage in home textiles and 15 percent revenue growth in FY19 as few of the reasons behind the call.

Welspun Group eyes USD 5 bn revenue by 2020: Goenka

Welspun Group plans to increase its revenue to USD 5 billion by 2020 from the present USD 3 billion, with its flagship textile business contributing half of its income.

Himatsingka Seide Q1 Net up 93% at Rs 40.79 cr

Himatsingka Seide's Net sales stood at Rs 450.78 crore in the quarter under review, down 8.72 percent compared with Rs 493.89 crore in the same quarter last fiscal.

Welspun Q1 net up 55% at Rs 163 cr; plans Rs 1,100 cr capex

The company had reported a net profit of Rs 104.97 crore in the corresponding period of the last fiscal, Welspun India said in a BSE filing.

See 25-26% growth in FY16; sheet demand rising: Welspun

Growth of about 25 -26 percent is accounted for in FY16 because of the different product categories like basic bedding and rugs that will come into foray along with Hygro, an exclusive brand for Welspun in the United States, which is also being considered as an element of revenue booster.

NTC's Rs 250cr facility in Karnataka to commence soon

The government-owned National Textile Corporation (NTC) forays into the processing sector, setting up of a Rs 250 crore facility at Hassan in Karnataka.