India's largest IT services company TCS believes that generative artificial intelligence (AI) is not just another tech cycle but a "civilisational shift" which will positively benefit every industry.
In the shadows of a sliding rupee, India's knitwear hub Tiruppur is weaving a success story. While the domestic currency edges closer to the 86 mark against the US dollar, triggering concerns for many sectors, this textile town in Tamil Nadu is finding opportunity in adversity: Between April and December alone, Tiruppur's exports reached Rs 26,000 crore, almost eclipsing last financial year's total of Rs 30,690 crore.
After experiencing an 11 per cent contraction in exports in 2023-24 (FY24) due to a dip in exports for 10 consecutive months from April to January, the Tiruppur textile industry is back on track in 2024-25 (FY25). The cluster, which contributes 55 per cent of the country's total knitwear exports, posted a 13 per cent increase in the first five months of this financial year (FY25), with August seeing a 22 per cent rise - the highest in over two years.
The threat of the Omicron variant of the coronavirus has forced Santa to take cover.
Following a gap of several months, global brands like Walmart have started lifting orders from Tiruppur's garment makers, leading to growth in knitwear exports in January after five months. Knitwear exports from Tiruppur increased 1.5 per cent in dollar terms and 11.6 per cent in rupee terms in January. According to the Tiruppur Exporters' Association (TEA), global majors have started placing more orders from the region.
UK's major high street clothing retailers Primark and Mothercare have launched a probe following media reports of alleged exploitation of Indian workers who make clothes for them.
British clothing major Primark has axed its three Indian suppliers for allegedly using child labour to finish clothes sold on the country's high streets, drawing flak from activists who said the move makes the company's ethical claims ring 'hollow.'
The armed criminals are holding at least 10 hostages inside the Primark store at Villeneuve-la-Garenne near Paris
Meet the new faces who will make their debut at the annual lingerie show.
Brands such as Gap, Primark and C&A which source some of their garments from Tamil Nadu say they do regular audits to ensure their suppliers comply with their codes of conduct.
Indira Kannan picks Made in Bangladesh, Greed, Moothon.
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