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Shreya Prints Pvt. Ltd. Where Quality Meets Consistency: Covid - 19 Update

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MAHENG/2007/20880 Vol. 12 No. 269 Mumbai, Monday, 26 July 2021 Posted Under Regn. No.

PLG/67/2021-2023 Pages 07

COVID – 19
WORLD INDIA USA
194,778,840 4,174,326 31,409,639 420,996 35,197,171 626,761
UPDATE Total Cases Total Deaths Total Cases Total Deaths Total Cases Total Deaths

Maharashtra Tamil Nadu Karnataka NCT of Delhi


6258079 131429 2546689 33889 2893556 36352 1435844 25041
Total Cases Total Deaths Total Cases Total Deaths Total Cases Total Deaths Total Cases Total Deaths

BSE (23 July 2021) - Reliance 2,105.20 15.80 (-0.74%) Welspun India 127.15 0.75 (-0.59%) Raymond 448.25 11.25 (-2.45%) For More Turn to Page 02

CCI opens more


Centres in 2020-21

New Delhi: In cotton season 2019-


20 (1.10.2019 to 30.09.2020), Cotton
Corporation of India(CCI )opened 423
procurement centre in 12 cotton growing
states to safeguard the cotton farmers
from distress sales.
During Global Pandemic, CCI
procured 20.72 lakh bales valuing Rs.
5615 crore from 4 lakh cotton farmers. SHREYA PRINTS PVT. LTD.
However, during the entire cotton
season 2019-20, CCI made a record
procurement of 105.15 lakh bales
(equivalent to around 546.80 lakh quintals
kapas) and an amount of Rs. 28500 crores
was disbursed to around 21.50 lakh
“ Where quality
cotton farmers directly into their bank
accounts.
During current cotton season 2020-
meets consistency“
21 (1.10.2020 to 30.09.2021), CCI opened
more than 450 procurement centres in all
cotton growing state.
Shreya Prints is a figment of the widely acknowl-
CCI continued its procurement edged Em Gee Group and a leader in the velvet
of cotton under MSP operations since manufacturing Industry. Being a part of the in-
beginning of season to avoid the dustry for more than four decades, we have pio-
eventuality of distress sale by farmers
and has procured 91.89 lakh bales so far neered a plethora of different innovative textile
(equivalent to around 482 lakh quintals processing solutions and have become trend set-
kapas). CCI disbursed an amount of Rs. ters for the same.
26,700 crores to around 19 lakh cotton
farmers.
To achieve the desired success in
Our capabilities include in house weaving, pre-
the Scheme for Integrated Textile Park treatment, dyeing, finishing, and printing of all
(SITP),Government of India provides kinds of velvet fabrics. Our wide range of fabrics
financial assistance to a group of are used for apparels, upholstery and home fur-
entrepreneurs to establish state-of-the-
art infrastructure facilities in a cluster for nishings.
setting up their textile units, conforming
to international environmental and social
standards and thereby mobilize private
investment in the textile sector and Contact Us
generate fresh employment opportunities. vatsalshorewala@shreyaprint.in
Under SITP, Industry Associations,
Group of Entrepreneurs and Agencies +91 81302 77312
of the State Governments are main www.shreyaprint.in
promoters of the Integrated Textile Parks
(ITPs). Special Purpose Vehicles (SPVs)
are formed by the representatives of the
Local Industry, Financial Institutions, State
Industrial and Infrastructural Corporations,
and other agencies of State and Central
Governments.
The SPVs shall invariably be a
Corporate Body registered under the
Companies Act.
The textile parks under various
stages of implementations are reviewed
by the PAC time to time. Manufacturers and Exporters of Quality Velvet Fabrics
www.gtanews.in

Global Textiles & Apparels,


Mumbai, Monday, 26 July 2021 Associations & Company affairs 02
COVID – 19 Cases (Top 20 Country) on estimate
Country Total New Total New Total New Active
Cases Cases Deaths Deaths Recovered Recovered Cases
World 194,778,840 405,750 4,174,326 6,319 176,736,863 285,944 13,867,651
USA 35,197,171 12,500 626,761 48 29,511,906 5,451 5,058,504

Textiles & Apparels


India 31,409,639 38,153 420,996 411 30,571,399 35,909 417,244
Brazil 19,688,663 18,129 549,924 424 18,349,436 8,676 789,303
Russia 6,126,541 24,072 153,874 779 5,490,634 18,678 482,033
BSE (23 July 2021) France 5,993,937 15,242 111,622 6 5,675,383 771 206,932
Company Name Last Price % Chg 52 wk 52 wk Market Cap UK 5,697,912 29,173 129,158 28 4,450,204 7,587 1,118,550
High Low (Rs. cr) Turkey 5,601,608 14,230 50,934 55 5,421,148 5,211 129,526
Argentina 4,846,615 7,506 103,721 137 4,493,984 13,648 248,910
Welspun India 127.15 -0.59 134.50 33.05 12,775.08
Alok Industries 25.50 -2.67 44.60 18.25 12,661.36 Colombia 4,727,846 11,048 118,868 330 4,487,973 10,818 121,005
KPR Mill 1,813.90 -1.80 1,902.00 408.25 12,481.45 Italy 4,317,415 4,743 127,949 7 4,123,209 1,001 66,257
Lux Industries 4,053.95 4.36 4,120.00 1,112.00 12,190.91 Spain 4,280,429 81,221 3,683,457 515,751
Trident 17.60 -0.85 19.37 5.90 8,968.88 Germany 3,762,958 1,108 92,037 1 3,644,900 800 26,021
Garware Technic 3,446.40 0.12 3,640.50 1,631.90 7,105.85 Iran 3,691,432 27,146 88,800 268 3,256,856 17,684 345,776
Indo Count 226.30 3.48 230.95 49.85 4,467.15 Indonesia 3,166,505 38,679 83,279 1,266 2,509,318 37,640 573,908
Rupa and Comp 470.35 -0.86 519.95 150.05 3,740.44 Poland 2,882,146 82 75,242 1 2,653,279 58 153,625
Swan Energy 142.50 2.44 164.70 108.20 3,480.66 Mexico 2,741,983 15,823 238,316 362 2,140,327 10,539 363,340
PDS Multi 1,220.00 -1.52 1,257.50 254.85 3,177.70
South Africa 2,377,823 9,718 69,775 287 2,158,183 11,015 149,865
Raymond 448.55 -2.45 473.90 233.00 2,986.16
Arvind 104.75 -3.55 112.10 27.55 2,712.23 Ukraine 2,248,450 286 52,847 12 2,184,195 159 11,408
Himatsingka Sei 240.65 -4.58 278.10 61.20 2,369.37 Peru 2,102,904 195,795 N/A N/A N/A
Filatex India 99.30 0.56 117.75 22.50 2,209.08 Netherlands 1,843,521 4,584 17,800 4 1,664,425 637 161,296
Mayur Uniquoter 491.35 -0.45 545.95 209.45 2,190.32 Czechia 1,672,409 69 30,357 1,638,881 5 3,171
Bombay Dyeing 103.00 -3.24 109.45 58.40 2,127.31
Siyaram Silk
Dollar Ind
403.00
314.80
0.89 454.40 127.00
0.54 366.95 124.95
1,888.86
1,785.42 COVID – 19 Cases (Top 20 States) on estimate
Jindal Worldwid 77.30 -1.65 90.50 44.00 1,550.02
Future Life 71.90 -0.21 159.95 46.95 1,450.76 State Active Recovered Deceased Confirmed
Indo Rama Synth 53.05 -3.11 62.65 13.75 1,385.21 Cases Cases Cases Cases
Sutlej Textiles 73.95 -2.18 81.05 17.75 1,211.51
Nahar Spinning 330.00 -0.78 343.90 31.70 1,190.15 Maharashtra 96833 6029817 131429 6258079
Kitex Garments 172.95 -4.05 224.45 91.75 1,150.12 +7332 +224 +6269
Kewal Kiran 919.45 -0.21 1,036.00 669.00 1,133.23 Kerala 138626 3099469 15969 3254064
Ganesha Ecosph 502.05 -0.32 687.70 215.00 1,095.94 +15507 +98 +18531
Nitin Spinners 194.40 0.57 197.50 34.95 1,092.92 Karnataka 23928 2833276 36352 2893556
Rajapalayam 1,138.80 5.39 1,155.00 478.67 980.00 +2050 +29 + 1857
Sportking India 2,902.15 -2.77 3,197.00 210.05 964.04 Tamil Nadu 24025 2488775 33889 2546689
Century Enka 433.45 -0.61 478.00 153.90 947.11 +2583 +27 +1819
Cheviot Company 1,415.65 -1.97 2,055.55 500.00 887.17 Andhra Pradesh 22358 1916914 13241 1952513
RSWM 362.85 -1.13 380.85 68.40 854.54 +2737 +18 +2174
Gokaldas Export 187.10 -3.68 226.00 40.30 804.50 Uttar Pradesh 932 1684471 22749 1708152
Ambika Cotton 1,403.95 -2.90 1,475.00 421.00 803.76 +99 +01 +38
S P Apparels 298.65 -2.99 330 62 767.31 West Bengal 11891 1492878 18064 1522833
Monte Carlo 354.05 -0.69 378.00 154.00 734.02 +920 +08 +730
Pearl Global In 313.85 -1.24 349.00 101.10 679.92 NCT of Delhi 587 1410216 25041 1435844
Vishal Fabrics 100.75 -1.56 372.15 40.75 663.64 +52 +66
Sangam India 128.60 -4.99 152.80 45.10 558.40 Chhattisgarh 2789 984737 13511 1001037
Nahar Ent 117.00 0.52 122.20 22.75 466.07 +410 +03 +156
Ruby Mills 277.90 0.20 299.65 140.40 464.65 Odisha 17201 943069 5445 965715
Mallcom (India) 645.00 0.58 721.25 211.05 402.48 +1865 +68 +1864
Loyal Textiles 794.00 0.12 865.00 202.00 382.43 Rajasthan 328 944242 8952 953522
AYM Syntex 76.10 -0.85 86.90 20.30 380.77 +26 +27
Ashima 19.75 -1.25 21.50 5.00 378.53 Gujarat 342 814265 10076 824683
Binny 165.00 -3.25 184.70 73.00 368.27 +42 +39
Banswara Syntex 207.20 -1.43 221.70 60.05 354.64 Madhya Pradesh 149 781077 10512 791738
Zodiac Clothing 137.75 -2.92 153.80 85.05 341.06 +29 +06
Nandan Denim 69.60 -4.98 76.90 18.25 334.42 Haryana 740 759360 9617 769717
Sarla Performan 39.85 -4.55 45.35 15.55 332.76 +35 +01 +13
JCT 3.74 4.76 3.74 0.73 324.76 Bihar 530 714223 9637 724390
Bombay Rayon 9.98 -1.96 15.85 6.31 316.84 +125 +02 +75
Ginni Filaments 39.85 -2.21 42.20 9.41 315.41 Telangana 9625 627254 3780 640659
Shri Dinesh Mil 540.00 -0.09 580.50 86.05 302.43 +749 +02 +647
Surat Textile 13.58 4.95 13.58 2.03 301.56 Punjab 771 581712 16258 598741
JBF Industries 36.25 -4.98 50.20 6.80 296.79 +78 +02 +83
Maral Overseas 70.75 -4.26 76.00 10.77 293.67 Assam 15726 536597 5114 557437
Donear Ind 54.00 -0.09 55.50 190 280.80 +1788 +23 +1595
Bannari A Spg 88.65 4.97 108.20 35.10 279.32 Jharkhand 276 341518 5124 346918
Pasupati Acrylo 30.10 1.69 32.45 8.40 268.29 +54 +02 +33
Indian Acrylics 18.98 -3.75 21.25 7.00 256.84 Uttarakhand 611 333703 7359 341673
Shiva Texyarn 187.00 -5.05 213.60 70.25 242.40 +28 +33
Mafatlal Ind 171.00 -4.04 196.00 74.00 238.11
Deepak Spinners 325.15 2.46 340.00 53.90 233.76
Lakshmi Mills
Super Sales
VIP Clothing
3,220.00
710.00
24.15
-1.76
1.02
3,538.95 1,403.05
739.00 200.20
5.00 24.15 5.80
223.97
218.08
199.47
Do U Want.....
Orbit Exports 71.90 3.08 88.55 52.00 196.88 * To r e c e i v e G l o b a l Te x t i l e s & A p p a r e l s b y
Jasch Ind 163.85 -3.13 174.00 21.10 185.64 E-mail
KG Petrochem 316.85 4.99 359.25 78.85 184.26
Indian Terrain 43.65 -0.80 52.35 24.15 179.37
* To g e t m o r e d e t a i l e d r e p o r t i n
Lovable Lingeri 118.95 0.30 145.60 47.45 176.05 your sphere of activity
Suryalata Spg 409.00 0.88 425.70 70.30 174.52 * To g e t a d d i t i o n a l S t a t i s t i c s
Pioneer 61.20 3.64 64.50 18.80 162.74 * To g e t S M S A l e r t S
Premco Global 477.00 -0.14 525.10 63.80 157.64
SPL Industries 53.15 -3.36 57.85 23.00 154.14 * To S e l l o r B u y
TT 69.35 -3.95 75.40 29.25 149.09 * To a p p o i n t E x e c u t i v e s o r r e c r u i t S t a f f
VTM 36.45 0.14 42.70 17.25 146.63 * To g e t Q u a r t e r l y R e s u l t s p u b l i s h e d
KG Denim 55.50 -2.89 59.65 17.40 142.29
Amarjothi Spin
Junction Fabric
199.30
130.00
-2.78
-2.73
223.00 45.45
139.95 38.00
134.53
130.50 Address all correspondence to:
R&B Denims 90.50 4.02 91.35 25.20 126.65
Winsome Textile 59.50 -4.95 68.95 11.67 117.93 RAHUL VINOD SOOD
Damodar Ind 49.65 0.40 56.95 20.10 115.68
Sambandam Spin
Reliance Chemo
Suryalakshmi Co
270.10
149.50
66.50
1.50
7.52
-5.00
279.40 45.20
152.50 47.95
76.00 14.80
115.19
112.78
110.87
Global Textiles & Apparels
Bhilwara Tech 18.96 4.98 18.96 3.25 110.68 69, Bhagya, Rashmi Park Bungalow Complex , Dhumaal
Sumeet Ind 10.04 -4.92 12.78 1.63 104.06
Weizmann 58.60 4.18 70.45 24.25 101.21
Nagar Valiv Vasai Rd, Vasai East, Thane 401208
Raghuvir Synth 253.35 4.99 275.00 171.5 98.17 - (0) 9834710185 - 9923581468
RRIL 12.50 2.80 16.50 1.57 98.07
Salona Cotspin 185.45 -5.12 210.25 42.20 97.59 - editor@gtanews.in, editor.gta@gmail.com
Lambodhara Text 93.75 -3.45 111.80 25.25 97.29
www.gtanews.in

Global Textiles & Apparels,


Mumbai, Monday, 26 July 2021 Associations & Company affairs 03
Schemes implement for
Promotion & Development
Centre Takes Series of Measures for Technology
of Handicraft Sectors Upgradation & Modernization in Textile Industry
New Delhi: The Office of Development New Delhi: With a view to (TUFS) since 1999.
Commissioner (Handicrafts) implements S. Segment Rate of CIS
catalyze technology upgradation and The ongoing version of the No.
various schemes for promotion and modernization in textile industry in the scheme i.e. Amended TUFS (ATUFS)
development of handicraft sectors and country to make it globally competitive, launched in January 2016 aims to 1. Garmenting, Technical 15% subject to
artisans through “National Handicraft Ministry of Textiles is implementing augment investment, productivity, quality, Textiles an upper limit
Development Programme (NHDP)” and Technology Upgradation Fund Scheme employment, exports alongwith import of Rs 30
Comprehensive Handicrafts Cluster crores
substitution.
Development Scheme (CHCDS) to
On e ti me ca pit al inv es t m ent
emphasize integrated approach for Nandani Creation to invest subsidy (CIS) is provided under ATUFS
2. Weaving for brand new
Shuttle-less Looms
10% subject to
an upper limit
development of handicraft in a holistic
manner and provide sustainable livelihood on offline expansion for eligible investment on benchmark (including weaving
preparatory and
of Rs 20
crores
machinery. Rates of CIS provided to
opportunities to the artisans. knitting), Processing,
In addition, artisans also can Mumbai: Nandani Creation Limited various segments along with ceiling Jute, Silk and
connect and help each other in the had announced plans to invest nearly ₹10 under ATUFS. Handloom.
various programmes of DC (Handicrafts) crore on offline expansion. The fashion firm The Government has approved
as common platform. is preparing to raise its store count to 20-25 Scheme for Remission of Duties and 3(a) Composite unit 15% subject to
by the end of 2023. It has already opened Taxes on Exported Products (RoDTEP) /Multiple Segments - If an upper limit
The NHDP has following components: the eligible capital of Rs 30
i. B a s e L i n e S u r v e y & two offline stores in the past few months. It is for all export goods excluding garments investment in respect of crores
Mobilization of Artisans under also is in the process of moving to the main and made-ups with effect from 01.01.2021 Garmenting and
AmbedkarHastshilpVikasYojana, ii. board of the National Stock Exchange. Key to boost exports and for making them Technical Textiles
Design & Technology Up gradation, cities in Rajasthan, including Kota, Sikar, globally competitive. category is more than
iii. Human Resource Development, Jodhpur, Udaipur, Bhilwara, Ganganagar, Under this scheme, embedded 50% of the eligible
Neemrana and Alwar, have already been Central, State and local duties/taxes are project cost.
iv. Direct Benefit to Artisans, v.
Infrastructure and Technology Support, identified for offline expansion. For fiscal refunded to the exporters. 3(b) Composite unit/ 10% subject to
vi. Research and Development, 2022-23, the company will focus on big On 14.07.2021, the Government Multiple Segments - If an upper limit
vii. Marketing Support & Services. cities like Pune, Gurgaon, Indore and Delhi. has decided to continue Rebate of State the eligible capital of Rs 20
The CHCDS has following components: The company will hire more than 250 and Central Taxes and Levies (RoSCTL) investment in respect of crores
i. Mega Cluster. ii. Special professionals to work in logistics, ground Scheme w.e.f 01.01.2021 till 31.03.2024 Garmenting and
operations, designing, production, sales, Technical Textiles
projects under Integrated Development for textile exporters of Apparel/Garments category is less than
and Promotion of Handicraft (IDPH). marketing and other departments, according (Chapters-61 & 62) and Made-ups 50% of the eligible
Rs. 32.71 lacs have been sanctioned to a report in a top English-language daily (Chapter-63) in exclusion from RoDTEP project cost.
for capacity building in the district Darjeeling, in West India. scheme for these chapters.
Kalimpong and North Dinajpur and 319.08
lacs has also been sanctioned for providing
marketing support to handicraft artisans
from the state of West Bengal including
the artisans from the said districts under
NHDP schemes.
State- wise Assistance extended
under NHDP & CHCDS schemes from
2015-16 to June 30, 2021
(Rs. In Lakhs)
States NHDP CHCDS Total
A & N Islands 279.91 - 279.91
Andhra Pradesh 2260.1 2838.31 5098.41
Arunachal Pradesh 367.81 - 367.81
Assam 4355.76 - 4355.76
Bihar 1446.33 1130.33 2576.66
Chandigarh 229.43 - 229.43
Chhattisgarh 1143.22 - 1143.22
Daman and Diu 8.5 - 8.5
Delhi 12832.05 - 12832.05
Goa 115.56 - 115.56
Gujarat 3361.3 308.33 3669.63
Haryana 1014.56 - 1014.56
Himachal Pradesh 2000.88 632.82 2633.7
Jammu and Kashmir 1405.42 3114.83 4520.25
Jharkhand 1114.79 1500.00 2614.79
Karnataka 923.05 173.49 1096.54
Kerala 984.92 909.00 1893.92
Ladakh 48.63 - 48.63
Madhya Pradesh 2137.6 1573.52 3711.12
Maharashtra 2681 - 2681
Manipur 1423.1 175.27 1598.37
Meghalaya 1574.64 - 1574.64
Mizoram 283.05 - 283.05
Nagaland 646.2 - 646.2
Odisha 1469.17 - 1469.17
Puducherry 1590.34 - 1590.34
Punjab 2138.27 - 2138.27
Rajasthan 1846.77 4048.29 5895.06
Sikkim
Tamil Nadu
1575.42 - 1575.42
846.61 1019.23 1865.84 Excellence
Telangana 1873.99 675.37 2549.36 weaved in every achievement!
Tripura 472.75 - 472.75
Uttar Pradesh 6603.26 5161.77 11765.03 Wellknown Polyesters Ltd. prides in being
Uttarakhand 3714.63 1012.50 4727.13 the state-of-the-art manufacturing facility
West Bengal 1228.88 - 1228.88 which promises to deliver commitment in
the form of modern age products.
China’s Garment
WEAVING
Technologically sound, Wellknown, is the
largest producers of quality polyester yarns
Export in H1 ’21 using unparalleled technology, Barmag-
Wings with EVO for POY and FDY- the first

THE WARP
manufacturers to implement in the world.
China: According to the General
Administration of Customs, China (GACC), The modern manufacturing facility,
the country upped its worldwide garment equipped with the latest Oerlikon Barmag
and accessory shipment by 40.30 per cent

& WEFT
technology for Continuous Polymerization
to US $ 71.53 billion in January-June ’21 (CP), POY, FDY, PSF, DTY, & ATY is a testament
period as against US $ 51 billion in the to its quality deliverance.
corresponding period of 2020.
Of total value, garments contributed Spreading its wings across 50+ countries,
US $ 59.28 billion, while accessory shared fortified with specialized yarns of over 200
US $ 12.25 billion. varieties, Wellknown is a force to reckon for
In June ’21, the shipment got an when it comes to undisputed excellence.
M-o-M boost of 24.21 per cent and valued
US $ 15.15 billion.
According to official data, textile
export of China plunged 7.40 per cent on 14th Floor, B wing, Nirmal, 241/242, Backbay Reclamation, Nariman Point. �umbai � 400021
Y-o-Y basis to US $ 68.56 billion in H1 ’21, Tel.: 91-022-66207000 Fax.: 91-022-66207050 Email : info@wellknown.net.in Website : www.wellknown.net.in
dropping by around US $ 5.50 billion from
the value registered in H1 ’20.
www.gtanews.in

Global Textiles & Apparels,


Mumbai, Monday, 26 July 2021 Associations & Company affairs 04
Frontier Materials Research: Way Forward Yarn Supply Scheme provides
By Seshadri Ramkumar, Professor, Texas Tech University
digital revolution. Good Quality Yarn at Lower Prices
This decade will see the growth in
sustainable products from new and novel New Delhi: The Yarn Supply Scheme material and transport subsidies have
fibers and developments in advanced (YSS) is being implemented throughout helped the weavers to a large extent to
manufacturing. the country through National Handloom sell their product at a competitive price
The conference is timely and Development Corporation to make and hence increase and regularise their
addresses important themes such as available all types of yarn at Mill Gate net income.
nanotechnology, soft and hard composites, Price. Under the Scheme, freight charges iii. The scheme provides good quality
protective textiles, cotton, hybrid materials, are reimbursed for all types of yarn and yarn at lower prices than the open market
etc. component of 10% price subsidy also at the weaver door steps through depots
“Research is important not only to exists on hank yarn, which is available for which have been very helpful in sustenance
solve existing problems, but also to foresee cotton, domestic silk, wool and linen yarn of their engagement in handloom trade.
what is needed and what is on the horizon,” with quantity caps. As per 3rd handloom census
stated, Professor Sib Krishna Ghoshal of As per the 3rd party Evaluation (2009-10),average earning of Handloom
Universiti Teknologi, Malaysia. study of the implementation of Yarn Supply Households was Rs. 36498 per annum
Research on hybrid materials Scheme: (i.e. Rs. 3042 per Month). Further, it was
involving organic and inorganic materials i. YSS has been acknowledged as estimated that 99% of weaver households
to understand the interaction of these a successful scheme which has helped to earned less then Rs. 5000 per month.
Mumbai: With the inauguration of increase overall production of handloom. This proportion has come down to
Olympic games today in Tokyo amidst new materials and develop advanced products ii. Reduced cost of good quality raw 67.1% in 4th Handloom Census (2019-20).
normalcy, material scientists are enjoying that find applications enabling sustainability
and improving health care was emphasized
Oh Polly unveils Gap launch New
their own virtual Olympiad for three days.
C o i m b a t o r e , I n d i a - b a s e d by Professor Ghoshal.
Kumaraguru College of Technology is Developments in nanofibers in
organizing a major virtual conference, the past two decades was presented by
“International Conference on Materials Professor Seeram Ramakrishna of the
‘Neena Swim’ Loyalty Scheme
Research in Science and Engineering,” National University of Singapore. Mumbai: Oh Polly ha unveiled a Mumbai: Gap had launched a new
from July 23-25, 2021. Materials science will be a key new swimwear brand by the name ‘Neena loyalty scheme, which included all of its
The conference has attracted research area and new materials that help Swim’. The launch of Neena Swim is being four reputed brands, namely Gap, Athleta,
participants from six countries such as with building energy harvesters, health care seen as a part of Oh Polly’s efforts to be Banana Republic and Old Navy. The
India, United States, Finland, UK, Malaysia, products and infrastructure will boost the the leader in the swimwear and beachwear scheme integrates its credit card rewards
and Singapore. economies of nation. industry for the consumer market. with an earlier loyalty scheme launched
About 275 papers are being Agreeing to the importance of The catwalk collection comprised the by the retailer.
presented over three days, which is a advanced and agile manufacturing, best of matching bikini sets and one-piece There are 4 tiers that now have perks
celebration of science and engineering. Professor D. Saravanan, Principal of swimsuits – not to mention the exquisite added as annual spend increases – there’s
“ T h e c o n f e r e n c e f o c u s e s o n Kumaraguru College of Technology stated, accessories and beach cover-ups. core (0 to US $ 500), enthusiast (US $
computational and experimental research ”Quest for new materials has been there The styles featured cut-out detailing, 500 to US $ 999) and icon (more than US
on different subfields in materials science since stone ages.” thin halter straps and plunging necklines $ 1,000). The fashion retailer said that
discipline such as textiles, composites, W h o w o u l d t h o u g h t t h a t a n with bottoms available in a selection of those holding cards can earn 5 points for
coatings, which find applications in varied unassuming material, “face mask,” would thong, Brazilian or full cuts. every US $ 1, compared to one point for
sectors such as defense, aerospace, etc.,” come to prominence and save so many It will be interesting to see the the members having no store cards. Ever
stated Professor K. Sundararaj, Convenor lives? customer response to the new swimwear since Gap re-introduced loyalty scheme
of the congress. Countries now realize the importance brand in the coming months. Meanwhile, last fall, the retail bigwig has enrolled over
The Cotton quality characteristics like of manufacturing and developing new and Oh Polly has described Neena Swim as a 19 million customers. Reportedly, 37 million
fiber elongation play an important role in sustainable materials. brand staying true to its roots. customers have moved over to new set-up.
the spinning performance and the quality
of yarns, stated, world’s leading cotton fiber
quality expert, Professor Eric Hequet of
Texas Tech University, USA, in a keynote
lecture today.
In the COVID-19 era, the importance
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In the inaugural function of the
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Mumbai, Monday, 26 July 2021 Classified Advertisement 05
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Global Textiles & Apparels,


Mumbai, Monday, 26 July 2021 Associations & Company affairs 06
Reliance Industries Q1 results: Profit after tax jumps 67% YoY Coats Group
to Rs 13,806 crore, revenue comes in at Rs 1.44 lakh crore expects H1 FY21
YoY, the statement noted. million), higher by 79.9 percent. Mumbai: Coats Group plc, has
EBITDA was Rs 12,231 crore, Total 12,803 physical stores were reported strong operational performance
up 49.8 percent YoY. It was the fourth operational during the quarter and 123 and demand recovery in the six-month
consecutive quarter of sequential EBITDA stores were opened during the quarter. period to June 30, 2021, despite recent
growth. EBITDA margins grew 60 bps QoQ. The company further said retail lockdown impacts in India in May and June
Jio Platforms (consolidated) footfall was 46 percent of pre-COVID which have now subsided. The group now
Revenue from operations for the levels during the quarter under review and expects operating profit for H1 to be around
quarter came in at Rs 18,952 crore, up by consumer sentiment is reviving but they are $95 million (2019: $102 million).
9.8 percent YoY. still cautious. The Group said that backed by sales
Reliance Jio Q1 results: Net profit up Reliance Retail Q1 Results 2021 | growth of 34 per cent to $732 million in H1
39% YoY at Rs 3,501 crore, EBITDA stands Reliance Retail reports net profit of Rs 962 FY21 over the previous year ($536 million),
at Rs 8,892 crore crore for the first quarter and 1 per cent against 2019 ($705 million),
EBITDA increased 21.3 percent YoY "COVID-related restrictions on store Coats anticipates its performance for the
to Rs 8,892 crore ($ 1.2 billion). operations during the quarter impacted our full year 2021 to be moderately ahead of
Net profit for the segment stood at retail business operations and profitability. its previous expectations.
Rs 3,651 crore ($ 491 million), registering This is a temporary phenomenon. We The sales of Apparel & Footwear
a growth of 44.9 percent YoY. remained focused on ensuring supplies of (A&F) divison were flat against 2019 with
The total customer base as on June necessities, including food, grocery, health positive end market sentiment across US,
30, 2021, stood at 44.06 crore, with a net & hygiene products through a combination Europe and Asia. According to the group,
addition of 4.23 crore customers. of online-offline channels," said Mr. Mukesh the sports and athleisure continued to
Mumbai: India's largest company by ARPU during the quarter stood at Rs Ambani, Chairman of the company. perform well and casualisation trend has
market capitalisation, Reliance Industries 138.4 per subscriber per month while total "We stepped up our efforts in creating further sustained.
(RIL) on July 23 reported June quarter data traffic was 20.3 billion GB during the partnerships with small merchants and Moreover, Performance Materials'
profit at Rs 13,806 crore, up 66.7 percent quarter, up 38.5 percent YoY. digital engagement with consumers. divison reported 4 per cent growth in
year-on-year (YoY), with normalised tax Further, Traffic on Jio's network This is creating a newer and inclusive the first half with improvement in all the
provision. crossed 20 Exabytes and Jio Fibre has model of growth. segments apart from personal protection
The revenue of the oil-to-telecom now over 3 million connected homes, the I am confident that the retail business which continues to be impacted by US
conglomerate stood at Rs 1.44 lakh crore. company informed. is poised to create exponential value and labour availability issues, the British firm
However, the numbers on sequential basis Jio Fibre average home consumption growth." added.
were impacted due to weakness in retail, is almost 300 GB of data per month while In its 44th annual general meeting The company will release its half
RIL said. Jio set top box (STB) has average usage (AGM) on June 24 this year, Mukesh Ambani year results on August 3, 2021.
The company posted record of over 5 hours a day, the firm said. had made a number of announcements
consolidated EBITDA for the quarter under Reliance Retail (consolidated) across its telecom, retail and O2C business S u b s c r i b e r s o f G l o b a l Te x t i l e s &
review at Rs 27,550 crore, up 27.6 percent Revenue from operations stood at Rs segments. Apparels are requested to update their
YoY and 3.6 percent QoQ on strong oil- 33,566 crore, up 19 percent YoY. He had announced the launch of a profile & contact information by sending us
to-chemical (O2C) and digital services Net Profit jumped 123.2 percent YoY new energy business in 2021 with the aim e-mail, so that can be put on the Regular
performance. to Rs 962 crore ($129 million). EBITDA of bridging the green energy divide in India Mailing List.
Consolidated EBITDA margin grew for the quarter was Rs 1,941 crore ($ 261 and the rest of the world. E-mail: rahulvsood@gmail.com
190 bps QoQ to 17.3 percent.
The EBITDA of digital services stood
at a record Rs 9,268 crore. Digital services
saw net additions of 14.3 million during the
quarter, the company said.
Cash profit before exceptional item
for the quarter was Rs 21,828 crore ($ 2.9
billion), up by 56.7 percent.
EPS before exceptional item for
the quarter was Rs 19.0 per share, which
increased by 46.7 percent.
"I am happy that our company has
delivered robust growth despite facing a
highly challenging operating environment
caused by the second wave of the COVID
pandemic.
The results of the first quarter of
FY22 clearly demonstrate the resilience
of Reliance’s diversified portfolio of
businesses that cater to large parts of the
consumption basket," said Mr. Mukesh
Ambani, Chairman and Managing
Director, Reliance Industries.
The company added that its Oil-to-
chemicals (O2C) business performance
and KG-D6 ramp up offset retail weakness.
Oil-to-chemicals (consolidated)
The oil-to-chemical (O2C) business
was hit by lower domestic consumption
mitigated by exports at higher margins,
RIL said, adding that COVID-19-related
restrictions and high crude prices may
impact demand and margins going forward.
The segment revenue for the quarter
stood at Rs 1,03,212 crore, up 75.2 percent

LanzaTech join
hands with Lululemon
Mumbai: LanzaTech has joined
hands with Lululemon athletica, an athletic
apparel company, to create the world’s
first yarn and fabric using recycled carbon
emissions that would otherwise be emitted
as pollution.
LanzaTech has developed nature-
based solutions to generate ethanol from
waste carbon sources and is working with
partners to make polyester from ethanol.
Recycling carbon is a fundamental
element of the circular economy, which will
keep fossil carbon in the ground, reducing
pollution and fossil fuel usage when used
to make polyester.
With a lower carbon footprint, this
innovation could transform lululemon’s
products and the apparel industry.
In October, Lululemon released its
first Impact Agenda, outlining its multi-
year strategies to address critical social
and environmental issues with 12 goals to
drive progress.
The partnership with LanzaTech
is one of the many ways Lululemon is
focused on bringing new technologies to
the business.
www.gtanews.in

Global Textiles & Apparels,


Mumbai, Monday, 26 July 2021 Associations & Company affairs 07
Damartex FY21 report Advance Denim launches ‘BioBlue Indigo’ Thermotron upgrades
Mumbai: Damartex, had reported Mumbai: Advance Denim's bold Sulfates can build up in wastewater its Automatic Folding
11.4 per cent sales growth to €764.2
million in FY21 ended on June 30, 2021,
investment in environmentally friendly
production is paying off.
from this chemical, and in high enough
quantities, they can emit toxic gases that
Machine FX23
against €686.2 million in the previous fiscal. After three years of continual testing can affect the environment.
Despite the sale of Jours Heureux brand and invention, the denim producer unveiled Advance Denim factories in Shunde,
and discontinuation of La Maison du Jersey its most eco-friendly dyeing method- China, and Nah Trang, Vietnam will be
and Delaby, the company’s Fashion, and BioBlue Indigo. stocking BioBlue Indigo. Advance Denim
Home & Lifestyle divisions showed good BioBlue Indigo is a denim dyeing intends to keep developing with BioBlue
resilience. According to the company, the method that is designed to eliminate Indigo, with the objective of producing the
sales from Fashion division surged 11.0 per the hazardous chemicals that polluted world’s most beautiful denim in the most
cent to €555.1 million. Over the year, Afibel wastewater after the denim dyeing process. sustainable way possible.
brand remained stable especially in Q4 with BioBlue's indigo dyeing method
growth of 19.3 per cent, benefiting from the
initial effects of its repositioning and a new
converts powdered indigo colors to liquids AFL sells assets
without the need for sodium hydrosulfite,
commercial strategy in England. Home &
Lifestyle division sales in FY21 grew 8.3
a volatile and unstable chemical that is of Unlimited
difficult to transport.
per cent to €177.7 million, driven by strong
performance of Coopers of Stortford brand,
In the denim production process, business to V-Mart
sodium hydrosulfite generates a high
whose business grew 43.3 per cent over Mumbai: Arvind Lifestyle Brands
concentration of ions, which are difficult to
the year. Vitrine Magique also improved its Limited (ALBL), a wholly owned subsidiary
sales in France, with an increase of 16.7 remove from wastewater and harmful to
the environment. of Arvind Fashions Limited (AFL), India’s Mumbai: Thermotron, a Greece-
per cent. leading casual and denim player, has based textile technology company
signed definitive agreements for strategic

Govt. to promote Export of Indian Textile


and a leader in producing automatic
sale of assets of its Unlimited retail garment folding/packaging machines,
business to V-Mart Retail in an all-cash has developed upgraded versions of its
transaction. Unlimited operates a chain of renowned automatic folding machine FX23
New Delhi: The Several measures Government is implementing 74 value fashion retail stores in India. in 2020-2021 period named FX25 and
have been taken by Government to various schemes such as Amended As part of the transaction, ALBL FX25S. It’s worth noting here that FX23
promote export of Indian textile. Some of Technology Upgradation Scheme(ATUF), will sell assets of the 74 retail stores, was one of the earlier technologies offered
the important measures are outlined below: National Handloom Development warehouses, inventory and the Unlimited by Thermotron in the folding segment, the
i. Government launched special Programme(NHDP), National Handicraft brand to V-Mart at its book value. production of which continued till 2020.
package of Rs. 6000 crores for Textile Development Programme, Comprehensive ALBL would receive cash According to the Company, the
and Apparel sector in June, 2016 to boost Powerloom Cluster Development consideration estimated at about ₹150 upgraded machines have several
employment and export potential in apparel Scheme, Silk Samagra, SAMARTH- crore upon the closure of transaction and improvements that aim at serving garment
and made-ups segments. Package also Scheme for Capacity Building in Textiles thus, will fully recover the capital employed factories more efficiently and effectively in
consisted of the Remission of State Levies Sector, Technical Textiles etc. for overall in the business. the post-pandemic era.
(RoSL) scheme till 06.03.20219. development and promotion of domestic In addition, there are contingent As FX23 had the capabilities of both
ii. The RoSL scheme was replaced manufacturing and exports in textile sector payments to be received, based on certain folding and stacking, the processes have
by Rebate of State and Central Taxes in the country. milestones achieved by V-Mart over not been divided into two machines. The
and Levies (RoSCTL) with effect from Further, in order to ensure adequate next few years for these stores, post the FX25 comes with the possibility of folding
07.03.2019 to 31.03.2020. availability of raw material at competitive acquisition. operation, while the FX25S offers both
iii. On January 14,2020, Rs. 600 price in the country, Government has The company intends to utilise the options: folding and stacking.
crore was allocated for issuing scrips for removed anti-dumping duty on Purified amount so received for repayment of debt Therefore, the garment factories now
special one-time ad-hoc incentive of up Terephthalic Acid (PTA) (a key raw material and for working capital purposes. have the flexibility to choose the machine
to 1% of FoB value provided for exports for the manufacture of MMF fibre and The sale will help AFL achieve that will cover their custom requirements.
of apparel and made-ups to offset the yarn) originating in or exported from its objective of focusing on its 6 high Moreover, the electrical, electronic
difference between RoSCTL&RoSL + the People's Republic of China, Iran, conviction brands which include US and pneumatic parts in the new models
Merchandise Exports from India Scheme Indonesia, Malaysia, Taiwan, Korea R P Polo Assn, Tommy Hilfiger, Arrow, Flying have been upgraded that makes the
(MEIS) @ 4% from 17.03.2019 to and Thailand to India and also removed Machine, Calvin Klein and Sephora. machines more reliable now. Another
31.12.2019. anti-dumping duty on acrylic fibre (raw This also significantly completes the upgradation is done by adding a touch
iv. On July 14, 2021, Government material for acrylic yarn and knitwear process of reset that AFL had embarked screen at the area where the folding
has decided to continue RoSCTL Scheme industry) originated in or exported from on, to consolidate and sharpen its portfolio options of the garments are determined,
till 31.03.2024. Thailand to India. as well as to strengthen its balance sheet. hence eliminating the manual process.

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