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2015-06-11 16:00:00
Spinning mills resort to capacity cut to overcome domestic glut
Indian spinning mills are looking to domestic demand from the garments sector for relief from oversupply situation caused due to decline in cotton yarn exports to China. China has been a major
2015-05-28 11:00:00
CCI likely to incur loss of Rs2.5k-cr on cotton procurement operation
The state-run Cotton Corporation Of India (CCI) that procures the fibre from farmers at minimum support prices (MSPs) to prevent distress sales by farmers and sells the stocks later in the market.
2015-04-13 10:00:00
Cotton Corp plans to float global tender to sell stock procured under MSP
Cotton Corporation of India (CCI) has procured cotton of around 9.1 million bales under the MSP (minimum support price) operation, all time high cotton inventory this year, surpassing previous
2015-04-02 17:00:00
APTMA expresses grief over inordinate delay in TUFS notification
As the Pakistan federal government withheld the notifications of initiatives under the Textile Policy 2014-19 to avail of the terms of Technology Upgradation Fund Scheme (TUFS), the All Pakistan
2015-03-26 15:30:00
Textile stalwarts meet textile minister to discuss industry ailments
On 20 March 2015, the textile industry stalwarts O P Lohia, Chairman and Managing Director of Indo Rama Synthetics (India) Ltd. and Madhu Sudhan Bhageria – Vice Chairman & Managing Director of
2015-03-08 10:00:00
Textile buyers keep away from visiting textile city Surat
Buyers from across India are keep away from visiting the textile city Surat following the outbreak of swine flu there due to which trading of fabrics, including saris and dress materials, has been
2015-02-26 17:00:00
Indian economy surges as other big developing market stumble
Multinational companies are looking to expand their Indian operations or start new ones as the stock market and rupee are surging. The growth in India's economy, long a laggard, just matched China's
2015-02-24 14:00:00
Heads of EAC to set up mechanism to revive textile industries in East Africa
Heads of the East African Community member states on agreeing to set up a mechanism that will promote growth and protection of textile and tanner industries in East Africa. The council of ministers
2015-01-30 10:00:00
Raymond records good escalation in its textile segment
Raymond, one of the largest exclusive retail networks in the textile and fashion space in India offering end-to-end solutions for fabrics and garment has significantly stepped up its new store
2015-01-24 10:00:00
Textile industry wants timely review of minimum wage than sudden raise
The Textile and clothing sector has around eight schedule employment (under the Minimum Wages Act) such as cotton ginning, pressing and waste cotton industry, handloom and weaving industry, handloom
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