NTC news and archive

NTC to launch 300 Indian Republic stores this year

National Textile Corporation (NTC), a state-run enterprise under the Textile Ministry aims to open 300 Indian Republic apparel stores this year. The brand was test-marketed this January. Starting initially with men’s wear India Republic will have the entire range of garments, including women’s wear in the near future. It began by launching one...

Apparel

NTC unveils its flagship 'Brand India'

The National Textile Corporation (NTC) launched its flagship store, Brand India, on at Craft Museum, Pragati Maidan, New Delhi. A press meet was organised to announce the commencement of Brand India Stores, Indian Republic Stores and StreeVijay, Setu and RAASA, and the search for the most talented designers across the nation. In order to ensure...

Apparel

NTC launches garment brand Indian Republic

The National Textiles Corporation (NTC), which works under the Union Textile Ministry, has launched its own garment brand ‘Indian Republic’. The plans for the brand include opening over 120 stores by March 2014 and 300 retail stores over the next two years. “The trigger to enter the garment sector with own branding by the NTC was to provide...

Apparel

NTC to retail handloom products at its stores

In its endeavour to become a consolidator of the textile sector and to uplift the conditions of handloom weavers and ensure that they get continuous employment, two Memorandum of Understanding were signed in the presence of the Union Minister of Textiles, Kavuru Sambasiva Rao, Secretary (Textiles), Government of India, Zohra Chatterji,...

Apparel

NTC progresses on its revival plan with land sale

National Textiles Corporation (NTC) has generated Rs 6,154 crores funds from the sale of surplus land, Parliament was informed. As on June 30, 2013, NTC has sold 1,476.03 acres and has generated sale proceeds worth Rs 6,154.94 crores, Minister of State for Textiles Panabaaka Lakshmi said in a written reply to the Lok Sabha. Besides, the total...

Apparel

NTC launches ‘Young Designer Hunt’

With the idea of giving the industry a good pool of fresh talent National Textile Corporation (NTC) has announced the commencement of ‘Young Designer Hunt’, the biggest search for talented designers across the nation. NTC, a public sector undertaking under the Ministry of Textiles, is among the top clothiers of the country. The organization is...

Apparel

NTC plans technical textile plant in Ahmedabad

If things go according to the plan, then Ahmedabad will have a technical textile plant to be set up by NTC. Out of the 12 technical textile plants across the country, National Textile Corporation (NTC) is considering setting up one of the three mills that are yet to be revived in Ahmedabad. According to officials, since they are planning to set...

Apparel

NTC to get a makeover with a new logo

Incorporated in April 1968, National Textile Corporation Limited (NTC), a Central Public Sector Enterprise under the ministry of textiles for managing the affairs of sick textile undertakings in the private sector is looking forward to getting a makeover along with a new logo. The organisation had undertaken modernisation process of the mills in...

Apparel

NTC to expand base in the south

The National Textile Corporation (NTC) plans to expand its production capacity in the south. In the year ending March 31, 2011, about Rs 20 crores worth of yarn was exported from its south Indian mills. Nearly 70 per cent of the spindle capacity of NTC is in the south. NTC has 14 textile mills in the southern states. New building and machinery...

Apparel

NTC joins apparel brand race

The state-owned National Textiles Corporation (NTC) has reported about four-fold increase in its total income in the fiscal 2011 to Rs 2,741 crores. Most of this has come from sales of mill lands in Mumbai and Ahmedabad. During 2010-11, the company had garnered Rs 2,011 crores by selling six defunct mill lands aggregating 50 acres. Flushed by...

Apparel

NTC to push up technical textiles

National Textile Corporation (NTC) is gearing up to take advantage of the growing demand for technical textiles within the country. Recently, it announced an investment of Rs 4.25 billion in a technical textiles joint venture to meet the fast growing demand in healthcare and infrastructure sectors. NTC, owned by the Ministry of Textiles, is said...

Apparel

NTC takes over two mills in Tamil Nadu

The National Textile Corporation (NTC) has taken over two closed cooperative mills in Tamil Nadu. The corporation now has seven textile mills in Tamil Nadu, employing about 5,000 people. The closed cooperative mill at Dharapuram was on a 53-acre plot and the Kancheepuram mill was on 30 acres. The NTC would invest over Rs 300 crores to start an...