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lower+capacity+utilization
2018-01-03 11:00:00
Surat textile industry reeling under subdued capacity utilization over GST
The Surat-based textile industry is still reeling under the goods and services tax (GST) impact. The current production is down to 2.5mn meter against 40 mn metres per day in the Rs 500 bn
2016-07-15 16:30:00
TN textile mills cut production capacity over sharp rise in cotton price
Following the sharp rise in cotton prices, small and medium textile mills in Tamil Nadu (TN) with a capacity of up to 25,000 spindles have reduced production by about 15%-20% since the beginning of
2015-06-11 16:00:00
Spinning mills resort to capacity cut to overcome domestic glut
Indian spinning mills are looking to domestic demand from the garments sector for relief from oversupply situation caused due to decline in cotton yarn exports to China. China has been a major
2019-07-25 15:30:00
Challanges faced by recycled polyester
Stemming from stories about the effect of plastic pollution on animals to microplastics in the Marianas Trench, awareness is growing about the impact of plastic waste on the environment. This, plus
2019-07-18 14:00:00
Falling Indian domestic price gap to boost cotton imports
The continuing contraction in international and domestic cotton prices following higher global production and a decline in domestic output is likely to boost imports further this year, says a report.
2016-07-13 15:30:00
Spinning mills’ profitability likely to get hit as domestic cotton prices surge
The profitability of spinning companies in the second quarter of 2016-17 likely to get hit, with domestic cotton prices surpassing international cotton prices, adversely impacting the yarn demand
2016-01-16 16:00:00
APTMA sought remedial measure to achieve textile export target
A research study prepared by the All Pakistan Textile Mills Association (Aptma) reports that the Pakistan textile industry is impaired due to heavy taxes and surcharges, rendering it uncompetitive
2015-11-24 13:00:00
Trading activity moving slow on cotton market
Pakistan cotton market witnessed slow move in trading activity on Monday as some spinning mills remained away from making new deals to see latest developments. This indicates that demand is sluggish
2015-11-16 13:00:00
Indo Rama confident to register profits next quarter
Indo Rama Synthetics Limited (IRSL), known as India's largest polyester manufacturer, which has a plant at Butibori industrial estate, the first investment in that area and employs a workforce of
2015-11-12 15:00:00
NGT lifts ban on operation of textile units in Rajasthan
Southern India Mills Association (SIMA) expressed a big relief over the National Green Tribunal’s order on lifting the ban on the operation of textile units in Rajasthan. In May, the NGT
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