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Texhong Textile sees profits plunge due to weak yarn sales prices in Chinese market

Texhong Textile Group Ltd, Hongkong listed yarn manufacturer engaged in the production and distribution of quality yarn, grey fabrics and…

10 years ago

Weavers upset over non clearance of pending subsidy

Kannur weavers upset as no action taken by the government towards the handloom sector to clear the subsidy. Though finance…

10 years ago

Telangana textiles planning to go global

Warp and weft interspersed with vibrant colours resulting in exquisite well-crafted designs make handloom yardages unique canvases that are a…

5 years ago

Textile ministry seeks additional funds of Rs33.27 cr for powerlooms

The textiles ministry, which had allocated a sum of Rs 126.76 crore for 2017-18, Rs.83.08 crore has already been spent…

6 years ago

Telangana govt in process of formulating textile policy

A number of textile players at the national and international levels are awaiting Telangana state government to unveil its textile…

7 years ago

Rajasthan textile sector clinch highest investment proposals

Rajasthan textile industry vilified for polluting the environment, the sector needed modernization and new technologies to keep alive the rich…

8 years ago

ERP system introduced to boost domestic handloom sector in Varanasi

Textile minister Santosh Kumar Gangwar launched the Enterprise Resource Planning system for the commercial activities of the National Handloom Development…

8 years ago

Increase in demand for cotton by mills to build up inventories

At the cotton market, buyers have started building their inventories to keep their mills running till the end of this…

9 years ago

SISPA appeals to TN govt to reduce VAT on cotton on from 5% to 2%

South India Spinners Association (SISPA) has appealed to the Tamil Nadu government to reduce VAT on cotton, cotton yarn and…

9 years ago

New textile policy aimed on fabric to fashion concept to moot Rs 80,000cr investment

New textile policy proposes Rs 80,000 crore investment in five years in the sector which will be developed around the…

9 years ago