Page 8 - Arvind Ltd News Today

Indias $200 billion textile and apparel industry is facing a crisis as consumers in the United States, Europe and other big markets have cut spending on clothing following a surge in inflation after

By Manoj Kumar and Rajendra Jadhav NEW DELHI/MUMBAI (Reuters) - India's $200 billion textile and apparel industry is facing a crisis as consumers in t...

Exports, which constitute about 22% of the industry, have fallen for five months in a row - declining over 15% year-on-year in November to $3.1 billion.

A sustainable technology firm in Tulsa has joined forces with a company in India to create “virgin quality” products from textile waste and thereby reduce harm to the environment brought by the “fast fashion” industry.

Arvind Ltd has incorporated Arvind Technical Products Private Limited, wholly owned subsidiary on November 25, 2022.

A cooperative venture to lessen the quantity of textile waste dumped in landfills has been announced by US-based...

The textile industry generates more than 64 billion pounds of post-industrial textile waste and 284 billion pounds of post-consumer waste annually.

Arvind Limited and PurFi Global LLC, a sustainable technology company specializing in rejuvenating textile waste into virgin quality products, today announced a joint venture to reduce the amount of textile waste going to landfills.

As per market sources, the unorganised hubs having thousands of small denim factories, are making around 75 to 80 per cent jeans for the Indian domestic market and also exporting a small chunk of their production to Gulf countries as well.

As the worldwide population is expected to surpass a valuation of over US$ 111.9B by 2031, it has become increasingly important to yield more with...