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Bangladesh govt plans to announce package for jute sector development

Bangladesh government for the development of jute sector plans to announce a package by this May. The proposed package will…

7 years ago

RIL will hold 37.7 percent equity share capital of Alok Industries

Reliance Industries on Saturday said it has acquired 37.7 per cent stake in textile manufacturer Alok Industries Ltd for ₹250…

4 years ago

Development of Karachi Textile city project shut down

With the close down of the under developed project, Karachi Textile City, the hopes attached with the project of achieving…

8 years ago

AP govt announces loan waiver scheme to handloom and powerloom sector

Andhra Pradesh government has announced debt waiver scheme to handloom and powerloom sector. Under this scheme loans worth Rs.110.96 crore…

8 years ago

Unitika plans to buy remaining shares of Unitex held by public

Japanese textile manufacturer Unitika is currently controls a 69.4 percent stake in Unitex, with local property businessmen Henry Onggo owning…

9 years ago

Bangladesh Bank likely to give similar facilities for pvt jute mills as state owned mills

The Bangladeshi private jute millers are facing acute fund constraints due to decline in exports of jute goods. Under the…

9 years ago

BB to introduce block account loan facilities for private jute millers and exporters

The Ministry of Textiles and Jute at a number of meetings highlighted the urgency for refinancing the jute millers and…

10 years ago

To revive Tirupur dyeing industry Central govt sanctions Rs.200 cr

The Central government sanctions Rs. 200 crores to revive the Tirupur dyeing industry which has been in bad shape ever…

7 years ago

AP govt finalizes debt waiver norms for weavers

The Andhra Pradesh government finalizes the debt waiver norms for handloom and powerloom weavers. The programme would cover loans disbursed…

8 years ago

JCT to repay convertible bond holder from sale of its non-core assets

JCT Ltd, one of India's leading textile makers, plans to sell some of its noncore assets to repay holders of…

9 years ago