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Textile ministry signs pacts with leading textile companies to help weavers

29 Jan 2019 Evaluate

The Union textile ministry has signed agreements with leading clothing/textile players like Raymond, Welspun, Titan, Reliance Retail and the Sachin Tendulkar-promoted True Blue, under which these companies will procure more from the weavers directly. The initiative aims at exploring the synergy between culture and textiles and the initiative will be extended to rest of the country.

Raymond is one of India’s largest branded fabric and fashion retailers. It is one of the leading, integrated producers of suiting fabric in the world.

Peers
Company Name CMP
Bharat Heavy Elect. 427.60
Thermax 3231.40
Kirloskar Industries 3466.45
Skipper 539.95
INDO-MIM 1318.45
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