Many industries have seen significant increases, but the textile industry has benefited the most, seeing their allocation soar from US $ 5.15 million to US $ 131.4 million.
Manufacturing News
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In addition to being designated as the project's master developer, the Madhya Pradesh Industrial Development Corporation (MPIDC) has been given permission to create the park's specific plan and design.
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Technosport, an Indian activewear brand, has formed a strategic partnership with textile machinery manufacturer Karl Mayer to utilise advanced Tricot machines for the production of active and sportswear.
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He has effectively led the Group's Thai Acrylic Fibre and Domestic Textiles divisions during his time there, spearheading significant developments in the former.
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CMAI members will have easy access to cutting-edge financial solutions through BillMart, a new-age digital lending platform with a focus on supply chain solutions, trade finance, and bill discounting.
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Manufacturing
Globe Textiles sees net profit increase by 53.7 per cent with 46.2 per cent revenue growth
Significant volume growth, efficient cost optimisation, and a clearly defined product mix all contribute to the increase in profitability.
