China is importing lesser yarn from India, waiting for cotton policy

Related Keywords: CITI, Confederation of Indian Textile Industry, D K Nair, SIMA, Southern India Mills Association, T Rajkumar, yarn export to china, Yarn import in china

Kolkata
China is importing lesser yarn from India
Summary: 
China is now buying lesser yarn from India, putting Indian export under pressure. Moreover, buyers in China are insisting on lower pricing citing that Indian rupee has strengthened against US$.

China is now buying lesser yarn from India, putting Indian export under pressure. Moreover, buyers in China are insisting on lower pricing citing that Indian rupee has strengthened against US$. Over the past one month, Indian yarn export price to China has declined 6- 7 per cent and is hovering around US$3.30 a kg. Until January, China was importing about 110 -120 million kg yarn per month on an average.

0

TN textile industry not looking to invest in any other State, says SIMA chief

Related Keywords: investment, SIMA, T Rajkumar, Tamil Nadu, Textile Industry

Coimbatore
TN textile industry not looking to invest in any other State, says SIMA
Summary: 
The frequent power cuts eating into the businesses of the Tamil Nadu based yarn makers were looking at GCCI as a helping hand to build a yarn cluster in Gujarat and with Karnataka state inviting Coimbatore units to invest. SIMA chief T Rajkumar announced that Tamil Nadu textile industry in Tamil Nadu is not looking to invest elsewhere as the industrial climate in Tamil Nadu ranked on the top in many ways.

The frequent power cuts eating into the businesses of the Tamil Nadu based yarn makers were looking at GCCI as a helping hand to build a yarn cluster in Gujarat and with Karnataka state inviting Coimbatore units to invest. SIMA chief T Rajkumar announced that Tamil Nadu textile industry in Tamil Nadu is not looking to invest elsewhere as the industrial climate in Tamil Nadu ranked on the top in many ways.

http://www.thehindubusinessline.com/news/states/no-plans-to-invest-in-any-other-state-says-sima-chief/article5639824.ece
Textile Auxiliaries
Company News
0
 
Let Us Know Your Need
click here icon
 
Pricewatch Enquiry
Name
Company
Phone
Email
Country
 
Word Verification
 
News & Views
William Morris collection by H&M  
  19 Oct , 2018 Read full story  
Tajikistan to support textile and clothing industry  
  19 Oct , 2018 Read full story  
CEMATEX underscores ITMA 2019 theme with innovation lab feature  
  19 Oct , 2018 Read full story  
 
Prices
 
Market Intelligence
  • Polyester Intelligence
    YnFx's Polyester Intelligence Service consolidates all the information at a click. This service provides the following:
    • Daily Price Trends
    • News & Views
    • Weekly Prices on Polyester Chain
    • Price Forecast Covering 3 Regions
    • Spun Yarn Exports from India
    • Polyester Chain - Demand/Supply Statistics
 
Special Reports
 
Country Reports
  •  
    Who have subscribed this report
    Live Chat online
    feedback button