The management sees a sharp sequential recovery as channel inventory and pricing situation are stabilising. Further, new capacities for varied product categories are expected to contribute in the coming months.
The approved projects were led by institutes and research bodies like BTRA, ATIRA, IIT Delhi, IIT Jammu, NIT Jalandhar, IIT Kharagpur, CSIR New Delhi, and IIT Madras, among others.
As per the guidelines, a memorandum of understanding (MoU) will have to be signed between the selected startups and the incubator.
In the run-up to results, the stock has corrected by 16 percent. The current consolidation opens an opportunity to accumulate the stock
The demand for agrochemicals remains strong as the company remains focused on active ingredients while engaging with global innovators
Most Production-Linked Incentive (PLI) schemes until now have been targeted at high-value goods or those that would cut import dependence. Synthetic fibres, which include rayon, nylon, polyester and acrylic, and technical textiles don’t come under either category. Moneycontrol takes a look at why the government is focused on these products.
The government also plans to sign free trade agreements with other nations to secure the competitiveness of India's textile exports.
Over the last couple of years, India has been growing at a steady pace in the sector with perceptible signs of expansion being observed in a few specialised segments, she said this on the sidelines of Techtextil India Symposium 2016 which began here today.
The company had posted a net profit after taxes, minority interest and share of profit of associates at Rs 71.4 crore during the same quarter of the previous fiscal.
Techtextil India, India’s largest exhibition for technical textiles and nonwovens, will be underway next week, from 24 - 26 September 2015. ...