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2014-09-12 13:00:00
New national textile policy aims to beget $120bn investment in India
The draft vision paper, given to the ministry in July, aims at bringing investment of $120 billion, so the sector can achieve $650-billion growth by 2024-25 for which it will require 35 million
2014-09-04 16:30:00
Indian spinning mills likely to be hit with increase in yarn production in China
Indian mills catering to the Chinese market likely to get hit with china taking decision to increase spending on farm subsidies by 10 percent to boost yarn production as cotton will be available to
2014-09-03 16:00:00
Tirupur textile export to boost further with the signing of FTA with Europe
Tirupur, textile city of Tamil Nadu is toady poised for big growth as it looks set to exploit overseas orders that are getting diverted from Bangladesh and China, where the industry is increasingly
2014-09-01 15:50:00
Resurge in yarn demand from China likely to boost textile exports for Pakistan
The revival in yarn demand from China is a good omen for the Pakistan textile industry giving a boost to textile exports. The resurge in yarn demand has come as a sign of relief for the exporters who
2014-08-14 16:42:00
Feedstock still supporting polyester chain, but for how long?
Feedstock paraxylene markets will continue to support downstream polyester segment for some time since more and more PTA capacity will come on stream while paraxylene supplies will remain short until
2014-08-04 16:30:00
Indian yarn shipment plunged 20% over lesser demand from China and Pakistan GSP status
Indian yarn shipment plunged to about 100 million kg in April and, according to industry estimate, further to 90 million kg each in May and June, after clocking average monthly exports of about 120
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
2014-07-20 21:00:00
Bangladesh RMG sector reduce reliance on imported raw material
Bangladesh readymade garment (RMG) manufacturers which dependent heavily on imported cotton yarn and woven fabric having gradually started using more such local raw materials for the export industry.
2014-07-20 14:00:00
Xinjiang plans 20 bn yuan fund to support textile industry
China's Xinjiang Uygur Autonomous Region prime cotton-growing area, which produces about 60 percent of China's cotton on less than 40 percent of the country's cotton-growing land, aims to create 1
2014-07-20 11:00:00
Higher incentive and cut in duty for textile exports to lessen trade deficit with China
The Cotton Textiles Export Promotion Council (Texprocil) has urged the ministry for higher incentives including 5 percent duty reduction for exports to China. This incentive will help to put another
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