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2019-08-20 12:50:00
Synthetic textile exports go up
Man-made fibre (MMF) industry is contributing 2% to India’s GDP and providing jobs to over 18 million people directly and more than 20 million indirectly and technical textiles are expected to see
2018-07-27 11:57:00
Domestic polyester fibre and yarn manufacturers give a sigh of relief due to the government's decision to raise customs duty on their import to encourage Indian producers
Filatex plans to increase its production capacity by nearly 90,000 tonnes to 237,000 tonnes for FY 2018-19. A similar capacity expansion was planned by other polyester manufacturers as well.
2018-06-01 10:23:00
India's synthetic yarn industry suffers due to rising crude oil price
Narain Aggarwal, chairman, The Synthetic & Rayon Textiles Export Promotion Council said that, synthetic yarn export has grown in 2017-18, by about five per cent. However, say observers, this is only
2017-10-13 14:00:00
Textile sector to get some relief with reduced GST on yarn
The man-made fibres and yarns were slotted under 18 percent GST rate while the fabrics were slotted under 5 per GST slab with a condition of no refund ITC at fabric stage. This had created a huge
2017-06-07 12:00:00
Yarn price likely to hike after GST
A seminar was held in Surat on Monday on 'impact and implementation of GST in textiles' organized by Southern Gujarat Chamber of Commerce and Industry (SGCCI), entrepreneurs opposed the
2017-03-06 07:53:20
Viscose yarn price moves up in China, India
In China, offers for ring?spun 30s weaving yarn in Xiaoshan were up US cents 2 a kg in the last week of February, while compact siro?spun 40s yarn in Jiangsu was flat on the week. Viscose spun
2016-08-19 11:00:00
Textile body sign MoU with Afghanistan to boost direct fabric exports
Afghanistan is a fast emerging market of textiles and currently Indian exporters have negligible direct trade of textiles with Afghanistan which they sell to this market through third countries.
2016-07-11 08:56:56
Viscose yarn price declines in China, up in India
In Jiangsu, 40s compact sirospun yarn prices fell US cents 4 a kg in the last week of June while 30s spun viscose in Xiaoshan was down US cents 3 a kg. Spun viscose yarn markets were generally
2015-12-07 07:30:15
Viscose yarn price declines in China
In China, offers for ring?spun 30s weaving yarn in Xiaoshan declined US cents 3 a kg in the last week of May while compact siro?spun 40s yarn in Jiangsu also fell US cents 3 on the week. Viscose
2015-11-19 15:09:00
SRTEPC welcomes govt’s decision to encourage textile exports
The Synthetic and Rayon Textiles Export Promotion Council (SRTEPC) has welcomed the initiative taken by the Central Government to boost the exports of textiles made of Man-made fibres for B&C group
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