Indian textiles industry is expecting the Union Budget 2020-21 to be more focused with new financial allocations to strengthen the…
Dating back to the nineteenth century, the Indian textile sector is one of the oldest in the Indian economy. The…
The Indian textile industry can become a $300 billion industry by 2030 and create an additional 35 million jobs, CII…
India ranked fifth in the global textile and clothing exports in 2018 though it was in the second position between…
Cotton prices have started rising at a time when the rupee is appreciating. It is a double whammy for textile…
Honduras-based UTEXA is a new $73 million man-made yarn company that began operations in 2018. Founded with the goal of…
Filatex plans to increase its production capacity by nearly 90,000 tonnes to 237,000 tonnes for FY 2018-19. A similar capacity…
Exports declined 16.3% during the timeframe even though yarn production increased 3.5% between 2013-14 and 2017-18. The share of exports…
Prices of Shankar 6, the popular cotton variety used by mills, are ruling at around Rs 43,000 per candy (a…
There is positive feedback from the government on increasing the drawback rates. But this is yet to happen. A garment…