New Delhi: Online retail in India will touch $170 billion or 8% of the total retail market of the country by 2030 growing at a CAGR of 21%, higher than the growth that offline retailers will see in the same period, brokerage firm Jefferies said in a report dated April 18.
LAHORE: Encouraged by the government’s initiatives to help reduce the cost of energy for exporters, major Punjab-based textile groups on Friday announced that they plan to invest $1 billion in new value-added textile projects and capacity expansion for exports.
LAHORE: The All Pakistan Textile Mills Association (APTMA) Chairman Syed Ali Ahsan has said that a competitive and viable domestic textile industry is in the larger interest of the textile sector across the value chain.
Tirupur Exporters’ Association (TEA), India’s leading readymade/ knitwear cluster, has reported a 8.3% growth in its exports at Rs 26,000 crore in fiscal 2019 compared to Rs 24,000 crore in the previous fiscal.
Textiles and readymade garment exports may see some recovery after a poor run of five years if exporters stand up to the challenges.
On the eve of the H&M Global Change Award ceremony in Stockholm, Sweden, lifestyle journalist and sustainability activist Bandana Tewari floats across the historic Stockholm City Hall in an elegant one-shoulder raven-hued gown, standing out among a debonair crop of women in shimmering cocktail dresses and men in sharp, tailored suits.