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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
2016-08-05 14:00:00
CCI starts selling balance unsold stock through e auction to SSIs
The recent spurt in cotton prices has resulted in higher input costs for the spinning sector in the country leading to some financial stress. In order to ease the situation, Cotton Corporation of
2016-07-01 14:00:00
TS govt’s decision to reduce power tariff for spinning mills, a big relief
Spinning mills in the Telegana State which has been passing through a crisis for a couple of years, getting a big relief with the Telangana Government’s decision to reduce the power tariff.
2016-06-11 14:00:00
Under the SITP scheme 24 textile parks sanctioned in last 2 years
Union Textiles Minister Santosh Gangwar on Friday at a press conference talking about the Textile Ministry’s performance in the past two years said that under the scheme for integrated
2016-02-19 13:10:00
New textile policy expects to pull Rs 30,000cr investment through 74 textile parks
With government planning to announce a new textile policy by April this year with main focus on manufacturing of value added products and export oriented goods that will benefit the economy. The
2015-08-21 15:00:00
Strike brings half of India’s powerloom sector to a halt
Strike has been called by Bhiwandi powerlooms since Monday demanding control on yarn prices and permission to export cloth . Approximately 9 lakh people are dependent on Bhiwandi’s
2015-02-27 06:16:02
Rising labour costs in 2014 pushes global sourcing costs to increase
2014 saw more wage strikes, resulting hikes and general unrest among workers when rates were not sufficiently raised. But despite discontent among the workforce, wages are up worldwide and labour
2015-02-18 14:00:00
Chinese textile industry struggles over slow moving global market conditions
Slow moving global market conditions have hit China's labor-intensive industries, especially garment and textile production. As the textile industry struggles, cotton imports declined 44.9 percent
2014-12-02 10:00:00
Govt working out plans to revive sick textile mills and create more jobs
Government is working out plans to speed up revival of sick textile mills, including the National Textile Corporation (NTC), a move that will generate more employment. This assertion came from
2014-07-24 08:30:00
CCI plans to set up its first ginning unit with capacity of 60,000 bales in AP
Cotton Corporation of India plans to set up its first ginning and pressing factory with capacity of 60,000 bales at Adoni in Andhra Pradesh for which it will take 7.17 hectares of land on lease in
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