While Bangladesh, Turkey, Cambodia, Vietnam, and Italy have duty-free access and a 12 per cent tariff advantage over India, India currently accounts for 6 per cent of the UK's RMG import market.
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The brand's prêt and couture collections by designer Prreeti Jaiin Nainutia are on display in this location, which is situated in the old Fort neighbourhood. The 'Shree' collection, which debuted at Paris Fashion Week, combines traditional embroidery with contemporary, sculptured design.
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The new outlet combines engaging design with fashion-forward collections, aligning with the mall’s focus on curated, family-friendly retail destinations.
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GFF's investment in Sharadha Terry Products will go towards installing a cutting-edge tufting machine and accessories. The new rug facility, which can create 4 million square meters annually, will primarily make dope dyed cotton and polyester bath rugs.
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The funds will be utilised for general business needs, capital expenditures, and working capital requirements. In 2022, it raised US $ 15 million in a round headed by Elevation Capital and Eight Roads Ventures.
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The Minister and senior officials from the department of handlooms and textiles received a briefing on the technological innovations and best practices used by private mills to increase their productivity.
