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m+senthilkumar
2017-06-21 16:00:00
Powerloom units likely to get hit by higher GST on MMF
Powerloom accounts for more than 86 percent of the total MMF production in India while the rest comes from other segments like handlooms, hosiery and mills. Incidentally, the GST on cotton textile
2017-03-31 15:30:00
Textile sector seeks revision of TMC as cotton productivity declines
Cotton, the golden fibre has lost its sheen after the closure of the Technology Mission on Cotton (TMC). Production might slide below 300 lakh bales in the absence of immediate policy intervention by
2017-03-23 10:00:00
Surge in cotton prices in domestic market drive textile mills to import
With the jump in cotton prices in the country, there is a spurt in import contract as textile mills have started importing cotton from West Africa and the US as the landed costs are on par with the
2017-03-17 10:00:00
Plea to withdraw agricultural market committee fee on cotton, cotton waste
Representatives of various associations of the textile industry in Tamil Nadu have reiterated its appeal to Chief Minister Edapadi Palanisamy jointly for withdrawal of the one percent agricultural
2017-03-06 17:00:00
SIMA appeals to withdraw hike in VAT on petrol,diesel affecting textile sector
The textile industry in the Tamil Nadu state that is already in a disadvantageous position as the spinning sector spends around Rs. 6 per kg to procure the raw material from upcountry markets, and
2017-02-02 14:00:00
Budget 2017-18 to facilitate textile manufacturing sectors grow at faster rate
The Indian textile sector considers the Union Budget 2017-18 to be growth oriented as it will enable the textile manufacturing sectors to grow at a faster rate. M Senthilkumar, chairman, The
2017-01-06 13:30:00
Textile mills hopes to see boost in fourth quarter results
Textile mills are banking on the textile ministry's move to allow mills to pay only 10 percent of procurement money that has come as a breather. The move could ease production cost in the last
2016-12-29 14:00:00
Textile Ministry announces new initiative for procuring cotton from CCI
Union Textile Ministry has announced unique terms and conditions for procuring fully pressed cotton bales from Cotton Corporation of India (CCI) for the benefit of MSME textile units. A total of 26
2016-10-03 17:24:00
Textile Industry appeals for cotton fibre security scheme
Textile industry delegates have urged the Textile Ministry to come out with cotton fibre security policy to curtail the volatility in the price of the white fibre in the coming season. Members
2016-08-16 14:00:00
Textile mills of Coimbatore in crisis over rising cotton prices
Textile mills in the Manchester of South India are taking desperate measures like reducing production and raising prices of hosiery yarn as the cotton prices that starting soaring in October are
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