In a press release, the FBCCI highlighted that the restoration of confidence among businessmen and investors hinges on enhancing security.

Ambika Cotton Mills has released its Q1 results for August 9, 2024, revealing a 3.76 per cent increase in profit YoY despite a 5.79 per cent decline in revenue. Notable improvements include a 21.61 per cent rise in operating income QoQ and a 53.1 per cent increase YoY.

Cotton prices have increased by 1.07 per cent to Rs. 56,900 per candy due to substantial declines in cotton acreage across Punjab, Haryana, and Rajasthan. This reduction, along with delays in shipments from global producers, has heightened demand for Indian cotton.

Telangana Chief Minister A. Revanth Reddy pitches the Warangal Mega Textile Park to top Korean textile industry leaders. With positive feedback, a dedicated task force led by D. Sridhar Babu will aim to turn discussions into tangible investments.

Loyal Textile Mills has announced their Q1 results, showing a 31.6 per cent decrease in revenue and a 39.1 per cent increase in losses YoY. However, operating income has improved significantly.

Business leaders also underlined how crucial it is to maintain a stable political climate to boost companies' confidence and international and domestic operations.