Trident Group India’s Post

The textile traders made representation on three major points. First, postpone the implementation of the rules for a year. Second, small and big traders should be included under MSMEs while enforcing this rule. The third major demand of the textile traders was to extend the time limit of payment from 45 days. Fostta Fostta Nirmala Sitharaman #TextileTraders #MSMEs #IncomeTaxAct #WeavingIndustry #FOSTTA https://lnkd.in/g72RZF49

Greetings to everyone, RATHI GROUP came into existence in the 1990s, and since then the journey has been a rollercoaster for all of us. From Manual looms to Automatic looms, our journey has taught us various kinds of applications of cotton fabric, the more we invest in it, the more we are leaning toward the ocean of the textile industry. Our journey which started with making plain fabric for domestic use to exporting the fabric for various purposes, we have grown a lot. With the changing times, a dynamic approach to the field is a must in every industry, keeping that in mind we have invested a lot of our time in our looms, methods, applications, etc, which gave us a path for innovation and growth as individual being and as a whole RATHI GROUP. In this one-minute video, we have tried to explain our daily course of work, from procuring the yarn to selling the fabric, and all the processes in between. #cottonfabric #loom #textilemanufacturing #fabric #innovation #sulzer #factoryautomation #growth #makeinindia

Rahim Textile Mills Limited, part of New Asia Group, plans to expand its capacity and increase annual revenue by 24%. The expansion involves installing new dyeing machinery and accessories at its existing factory, with an investment of Tk13.73 crore funded through internal generation and loans. After incurring a Tk12.47 crore loss in FY 2022-23 due to high raw material prices and utility costs, the company returned to profit in the current fiscal year, reporting Tk60 lakh in gains from July to March. The new machinery will boost production capacity and sales, enabling higher product prices and better margins. #RahimTextileMillsPLC #NewAsiaGroup #BusinessInvestment #BusinessNews #BusinessPost #BusinessHubs #BusinessGrowth #BusinessInsights #BusinessBangladesh #IndustryInsights #IndustrialNews #BusinessBrillianz

Thrilled to announce the publication of my second article on KPR Mill Limited on "Katha.live". KPR Mills has promising growth potential, but the current valuation seems stretched. Investors should carefully consider the risks of margin pressures and competition before making a decision. **What do you think? Is KPR Mills a good investment opportunity? Share your thoughts in the comments! ** https://lnkd.in/dtjcdnJe #KPRMills #TextileIndustry #SugarIndustry #Investment #Valuation #growthpotential

When it comes to the domain of stock markets, Friday's recovery following a three-day dip showcases the market's resilience and adaptability. The bullish upswing, driven by positive global cues and diverse sectoral investments, highlights the market's capacity to weather short-term fluctuations. Particularly intriguing is the spotlight on Minaxi Textiles Ltd., a penny stock delivering impressive returns. Founded by Mr. Kanubhai Patel and revitalized under Mr. Bharatbhai Patel's leadership in 2009, the company's strategic shift has proven to be a boon. Its unwavering commitment to quality fabric and ambitious expansion plans reflects a forward-thinking approach. The narrative of a textile company evolving into a market contender highlights the ever-changing dynamics within the stock market landscape. #marketresilience #financialmarkets #stockmarketanalysis #marketfluctuations #financeeducation #finance #accounts

The downstream textile industry is poised for a mixed performance this fiscal. Though revenue growth of the readymade garments sector is expected to soften due to moderate domestic demand, exports are set to recover after two fiscal declines. Conversely, the home textiles industry is expected to maintain its sales momentum in the current fiscal. How will the downstream textile industry grow slow and steady? Explore the textiles sector’s outlook at the upcoming #CRISILRatings webinar. Dial-in now: https://lnkd.in/dXN4C6tu #TextileIndustry #HomeTextileIndustry #HomeTextiles

The textile traders made representation on three major points. First, postpone the implementation of the rules for a year. Second, small and big traders should be included under MSMEs while enforcing this rule. The third major demand of the textile traders was to extend the time limit of payment from 45 days. Fostta Fostta Nirmala Sitharaman #TextileTraders #MSMEs #IncomeTaxAct #WeavingIndustry #FOSTTA https://lnkd.in/gf4cQ5kK

Looking beyond the traditional asset class is a wise trick when a volatile market hits. Textile Jun'24 Series I is live -- A 45 days deal and 14.33% XIRR👕 Do you want to explore the opportunity -> Visit precize.in #alternativeinvestment #fixedincome

Two months ago, I was informed that all textile traders must raise issues with the government regarding fabric imports from China. I am happy that all associations have started raising issues with the government. MSME issues are causing a lot of fear sentiments in fabric sales. All the associations must get clarification from the government; otherwise, un-organised garment sectors will be highly impacted. Let's share your views.      #textile #msmeindia #government #fabrics #associations

ANNUAL & QUARTERLY Updates: INDUSTRY: Textile (XC - TXT) The Textile industry has been growing at the rate of 1.12% in the last 10 years. In FY 2024, the industry clocks aggregate Net Sales of ₹ 70,323 crore which displays a degrowth of -2.81% against FY 2023. Similarly, the aggregate Net Profit for FY 2024 is ₹ 6,384 crore, an increase of 9.08% against FY 2023. On a quarterly basis, in MAR 2024, the industry clocks aggregate Net Sales of ₹ 18,502 crore which displays a year-on-year growth of 8.22%. Similarly, the aggregate Net Profit for MAR 2024 is ₹ 1,023 crore, a year-to-year increase of 5.53%. #textileindustry #nifty #annualresult #quarterlyresult