Cotton Corporation of India along with textile industry and exporters will get together to ensure that the cotton farmers of India get their due in the world markets, said Shri Piyush Goyal, Union Minister of Textiles, Consumer Affairs, Food & Public Distribution and Commerce & Industry, while participating in the signing of Memorandum of Understanding […]
Reliance (under name change to Reliance Polyester Limited), a wholly-owned subsidiary of the company, recently executed definitive documents to acquire the polyester business of Shubhalakshmi Polyesters Limited (SPL) and Shubhlaxmi Polytex Limited (SPT) for cash consideration of Rs 1,522 crore and Rs 70 crore respectively, aggregating to Rs 1,592 crore by way of slump sale […]
“U.S. Cotton and the Golden Triangle of Profitability” seminars in Coimbatore, Ludhiana, and Mumbai, India, sponsored by Cotton Council International (CCI), showcased how usage of U.S. cotton improves mill performance. More than 185 mills, brands/retailers and U.S. cotton merchants attended the invitation-only seminars from June 20-24. The textile mills that attended the events consumed more […]