Surat-based Man-Made Textiles Research Association (MANTRA) has been selected by the Indian Air Force (IAF) to conduct scientific testing of fabric used in digital pattern jackets and trousers, marking a significant milestone for the city's technical textiles sector.
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Tamil Nadu has inaugurated two new mini textile parks in Karur district as part of its strategy to strengthen the State's textile manufacturing ecosystem and support micro, small and medium enterprises (MSMEs).
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Aditya Birla Fashion and Retail Limited (ABFRL) reported consolidated revenue from operations of Rs. 8,177 crore (US $855.51 million) for FY '2025-26, registering an 11% year-on-year increase from Rs. 7,355 crore (US $769.52 million) in the previous fiscal.
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Raymond Lifestyle Ltd. reported a consolidated net loss of Rs. 22.60 crore (US $2.36 million) for the quarter ended 30th June, compared with a net loss of Rs. 19.82 crore (US $2.07 million) in the corresponding quarter of the previous fiscal.
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Amazon and Flipkart are stepping up competition for sellers by reducing or eliminating commissions across several product categories, as the two e-commerce companies look to accelerate growth in India's Tier II and Tier III cities, where online shopping adoption continues to rise.
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Filatex India Ltd, an Integrated polyester filament yarn manufacturer, reported a 20.6% year-on-year (YoY) increase in standalone net profit to Rs. 49.14 crore (US $5.14 million) for the quarter ended 30th June (Q1 FY '27), compared to Rs. 40.74 crore (US $4.26 million) in the corresponding quarter last year.
