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Discover how the new payment time limit under the amended Income Tax Act is affecting textile production in south Gujarat. Learn about the challenges faced by textile traders and the support from weaving units. ....
Arvind: Indian home textile and apparel exporters expect demand to remain muted in the first half of the financial year 2024 on account of excess inventory liquidation, JM Financial analysts had said in June. ....
Indian cloth manufacturer Arvind reported a 33% YoY decline in quarterly profit due to falling revenue from its key denim segment. Despite expenses reducing, its consolidated net profit for the quarter ended 30 June fell to INR 658.7m ($8.04m) from INR 984.2m in the same period last year. ....