News

Indian Texpreneurs’ Federation moots project on sustainability

Our Burea Coimbatore | Updated on June 06, 2020 Published on June 06, 2020

Indian Texpreneurs’ Federation (ITF) has mooted a project titled “India for SURE” (Stable, sUstainable, Reliable, Ethical), placing sustainability at its core, and the textile sector in Tamil Nadu as the base.

ITF Convenor Prabhu Damodharan said that the federation has managed to create a collective interest in this brand positioning initiative, as its members, numbering around 500 were across the entire textile value chain including integrated and standalone spinning, weaving, processing, home textiles and apparel companies.

“We now want to prepare a road-map to facilitate a Sustainability Accord – a first of its kind cluster level commitment for sustainability.

“We are in the process of developing a Sustainability Blueprint, which will showcase the achievements and strengths of our member companies on sustainability. This would not only create visibility for the textile sector in TN, but create trust in the “SURE” model as it would be substantiated by authentic data,” Damodharan said.

The Blueprint would be ready in a month, he said

The federation has launched a Data Collection initiative for quantifying its member’s strengths in sustainability

Published on June 06, 2020

A letter from the Editor


Dear Readers,

The coronavirus crisis has changed the world completely in the last few months. All of us have been locked into our homes, economic activity has come to a near standstill. Everyone has been impacted.

Including your favourite business and financial newspaper. Our printing and distribution chains have been severely disrupted across the country, leaving readers without access to newspapers. Newspaper delivery agents have also been unable to service their customers because of multiple restrictions.

In these difficult times, we, at BusinessLine have been working continuously every day so that you are informed about all the developments – whether on the pandemic, on policy responses, or the impact on the world of business and finance. Our team has been working round the clock to keep track of developments so that you – the reader – gets accurate information and actionable insights so that you can protect your jobs, businesses, finances and investments.

We are trying our best to ensure the newspaper reaches your hands every day. We have also ensured that even if your paper is not delivered, you can access BusinessLine in the e-paper format – just as it appears in print. Our website and apps too, are updated every minute, so that you can access the information you want anywhere, anytime.

But all this comes at a heavy cost. As you are aware, the lockdowns have wiped out almost all our entire revenue stream. Sustaining our quality journalism has become extremely challenging. That we have managed so far is thanks to your support. I thank all our subscribers – print and digital – for your support.

I appeal to all or readers to help us navigate these challenging times and help sustain one of the truly independent and credible voices in the world of Indian journalism. Doing so is easy. You can help us enormously simply by subscribing to our digital or e-paper editions. We offer several affordable subscription plans for our website, which includes Portfolio, our investment advisory section that offers rich investment advice from our highly qualified, in-house Research Bureau, the only such team in the Indian newspaper industry.

A little help from you can make a huge difference to the cause of quality journalism!

Support Quality Journalism
Take stringent action against duplicate e-way bills: Yediyurappa