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Centre brings together states, industry for $100 billion textile exports goal
India aims to double its textile and apparel exports to $100 billion by 2030, with a nationwide exercise and summit focusing on strategies for key hubs. Discussions centered on technical textiles, man-made fibers, and improving logistics. The initiative emphasizes district-led growth and value addition to bolster the nation's global textile trade presence.
Meet Kunal Shah, The Man Tasked To Head WhatsApp Globally In A Challenging Tech Space
Kunal Shah will join Meta and succeed Will Cathcart as the global head of WhatsApp.
The new man of steel! India seen to fill in the void China may leave
India Steel Industry Growth 2026: Global steel demand is shifting from China to India and Southeast Asia. India's steel consumption is low, offering significant growth potential. Unlike China's property-driven boom, India's demand will stem from infrastructure, manufacturing, and urban development. This growth will be more gradual, influenced by execution challenges and a focus on greener production.
Nilesh Shah bats for minimum qualifying criteria for F&O trading after Maharashtra man kills family, self over Rs 1.8 cr loss
Following a tragic incident in Maharashtra linked to stock market losses, Kotak AMC's Nilesh Shah called for mandatory qualification criteria for derivatives trading. Citing rising retail F&O losses and SEBI data showing most traders lose money, he urged stronger safeguards to curb excessive speculation in the market.
Grasim approves Rs 3,000 cr expansion of Harihar Lyocell Plant
Grasim Industries will invest ₹3,094 crore to expand its Lyocell plant in Harihar, Karnataka. This expansion will significantly boost its advanced fibre capabilities. The project will add 110,000 tonnes capacity, making Grasim a global leader in sustainable man-made cellulosic fibres. The plant's first phase is set for commissioning by mid-2027, with the second phase to follow in 2028 and 2030.
Man Industries strengthens India’s global footprint with ₹981 crore Saudi pipe company takeover
Man Industries (India) Ltd has completed the acquisition of a 100% stake in Saudi Arabia’s National Pipe Company for about USD 102 million (₹981 crore) through its subsidiary MISIC. The deal strengthens its international expansion in the pipe manufacturing sector and expands its presence in the Middle East.
Centre to expand product coverage under Rs 10,683 crore textile PLI, says Giriraj Singh
The government plans to broaden the Production Linked Incentive scheme for textiles. This expansion will include man-made fibre apparel, fabrics, and technical textiles. The move aims to boost the industry, attract investment, and accelerate growth. It also supports job creation and India's global textile market position. Discussions were held with the footwear industry regarding raw material issues.
US Fueling Wars To Stop India, China From Becoming Global Powers, Says Khamenei's Envoy To New Delhi
A man holds an Iranian flag as he looks at the damaged facade of Gandhi Hospital, which was hit Sunday during the joint US-Israeli military strikes in Tehran.