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INDIA: Riba Textiles to set up second terry towels plant in Panipat

With reference to the earlier announcement dated March 12, 2009 regarding intimation of Board Meeting, Riba Textiles Ltd has now clarified to a revised intimation of Board Meeting should be read as follows : "1. To consider declaration of Interim Dividend. 2. To consider splitting the face value of shares. 3. To consider setting up of IInd towels plant in Panipat, with a capacity of 5000 metric tons per annum." Riba Textiles Limited, an 100% Export Oriented Terry Towels manufacturing unit is situated 100 Kms from New Delhi in the state of Haryana.Riba is an fully integrated unit with a state of the art composite plant encompassing Dyeing. Weaving, and Finishing.

 

Added: March 12, 2009 Source: Agencies

 

 

 

 

 

      

Highlights of the Foreign Trade Policy

The Hon’ble Union Minister of Commerce & Industry, Government of India, had announced the Foreign Trade Policy on 8th April’05. Some of the Salient Features / Highlights of the proposals pertaining to Textile Industry in general and Handlooms in particular are. >> More

 

Salient features / Highlights of the Foreign Trade policy

 

Modern Processing Houses

The Indian Home Textile Industry has access to excellent infrastructure facilities and uses the latest technology and machinery.

Many manufacturers have set up state-of-the-art modern processing houses to roll out large volumes of high quality products to meet the international market demands and expectations. Needless to say that India’s Textile Exports have grown exponentially over the last decade.

Eco- Friendly Dyes: Use of Azo-Free Colours

The manufacturers in India are well aware that AZO free colours and dyes should be used. India has discarded the usage of banned materials in the dyeing process with safe substitutes, to ensure eco-friendliness of the products manufactured by the industry.