CapEx News

Tamil Nadu government gives nod for six mini textile parks in State

Textiles Oct 30,2023

The Tamil Nadu government has approved six small textile parks, with eight more awaiting permission. The plan, dormant since 2015, has been revived and received significant interest. It offers a 50% s

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Tempe Grupo Inditex to commence production in Bengal: Mamata Banerjee

Textiles Sep 19,2023

West Bengal Chief Minister Mamata Banerjee met with Tempe Grupo Inditex executives in Madrid, Spain, and announced that textile manufacturing will move to Bengal. Tempe Grupo Inditex, known for Zara,

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Foundation stone laid for first industrial park under Yamuna Motorway Industrial Development Authority

Textiles Sep 01,2023

The foundation stone for the first industrial park under the Yamuna Motorway Industrial Development Authority (YEIDA) was laid, with a focus on the planned Noida international airport. The 175-acre Ap

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Gujarat govt signs 4 more MoUs for Rs 1,000 crore investment

Textiles Aug 30,2023

The Gujarat government is proactively signing Memorandums of Understanding (MoUs) with industrial enterprises in anticipation of the Vibrant Gujarat Summit 2024. Four MoUs have been inked, spanning te

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T T Limited inks MOU with Uttar Pradesh Government

Textiles Aug 28,2023

T T Limited and Uttar Pradesh government have partnered via an MOU for a textile unit at Lucknow's PM Mitra Park. The company plans a substantial vertical unit from fiber to fashion, with initiat

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KPR Mill invests nearly Rs 400 croreon modernisation and expansion

Textiles Aug 22,2023

KPR Mill Ltd., a diversified corporation headquartered in Coimbatore, is investing approximately $400 crore in various modernization and expansion projects. These projects include the construction of

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RSWM announces Rs 315 crore investment for expansion plans

Textiles Aug 07,2023

RSWM Ltd. is investing Rs 315 crore to enhance its compact cotton yarn production at the Lodha Unit in Banswara, Rajasthan. This expansion is driven by rising demand for cotton and cotton yarn. ICRA p

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Piyush Goyal speaks about roadmap to achieve USD 250 billion textiles production by 2030

Textiles Jul 26,2023

Union Minister Piyush Goyal addressed the strategy for achieving India's textile industry goals of $250 billion domestic output and $100 billion exports by 2030. He emphasized the need for a shar

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