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2014-01-06 14:40:00
Sun Capital sells its investment in Frontier Spinning Mills
Sun Capital Partners, a leading private investment firm has announced the sale by an affiliate of its investment in Frontier Spinning Mills to American Securities LLC. Frontier, headquartered in
2014-01-06 12:55:00
PHMA demands of gas supply falling on deaf ear of SNGPL
SNGPL has single out the knitwear garment sector by repudiating gas supply defying going along with the decision taken by the federal government to provide gas to textile processing units. The
2014-01-06 11:10:00
Chinese textile manufacture to invest $218 mn to establish its US operations
Keer Group, Chinese textile manufacturer and yarn spinner to invest $218 million to establish its U.S. operations, which will be named Keer America Corp., in Indian Land, S.C. The investment includes
2014-01-06 11:00:00
PTEA demands immediate release of exporters' refund claims
Pakistan textile exports in quantity and value terms have been unsuccessful in gaining momentum and have remained below the desired level. Moreover, huge amounts for its exporters stuck in refund
2014-01-06 10:50:00
Handloom institute to come up in Machilipatnam soon
Union Minister for Textiles Kavuri Sambasiva Rao announced that the state government has decided to set up a All India Handloom Technology Institute with a project cost of Rs 35 crore, in Krishna
2014-01-06 00:00:00
Paraxylene production to increase with the amendment of Foreign Investment Promotion Act
With amendment of the Foreign Investment Promotion Act, the global demand for the chemical substance is projected to increase approximately 7% each year in the near future. The SK and GS Groups is
2014-01-06 00:00:00
Cotton price expected to remain firm with good export demand
Cotton prices are expected to remain moderately firm in the near term. However, profit booking at higher levels is likely to keep prices under check. However, if the US dollar gets stronger against
2014-01-06 00:00:00
Natural yarn of jute in varied shapes and forms put up at Jute Air expo
Master weavers from across the country have put up their exhibits in 23 stalls at the ‘Jute Air’ exhibition facilitated by National Jute Board, Hyderabad, under the Ministry of Textiles
2014-01-06 00:00:00
Eco-friendly method developed to spin coloured silk
Eco-friendly method to help silkworms spin naturally fluorescent, coloured silk have been successfully developed by Indian researchers by feeding them dyed mulberry leaves. For some 5,000 years,
2014-01-05 10:30:00
RC procedure simplified for cotton and cotton yarn exports
Government simplifying Registration Certificates (RC) procedures for various commodities including cotton and cotton yarn. To this effect the Directorate General of Foreign Trade (DGFT) has issued a
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