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2014-12-16 10:00:00
Chinese group acquired one fourth of Masood Textiles total shareholding
Shanghai Challenge Textile Company, a Chinese company purchased 14.6 million shares of Faisalabad-based company Masood Textile Mills, which constitutes 24.3% shares roughly one fourth of the total
2014-11-27 18:00:00
LT Textile Cooperatief U.A. to invest US$55 mn to set up modern textile plant in Uzbekistan
LT Textile Cooperatief U.A. (Netherlands) to set up modern textile plant in Karshi district of of Kashkadarya region in Uzbekistan, for which the company undertook liabilities to invest at least
2014-11-19 16:00:00
Halwankar sees privatization a viable option for revival of sick textile mills
The newly-restructured committee on reforms in the power looms and textiles sector, under the chairmanship of Suresh Halwankar has been asked by the government to come up with some recommendations
2014-10-07 11:00:00
Tirupur garment exporters in process of tapping global synthetic garment market
Garment exporters in Tirupur currently dominated by cotton garments are seeing opportunity in synthetic garments, as labour costs are increasing in China, which dominate the global synthetic garment
2014-10-01 14:00:00
Chinese firm Shandong Ruyi withdraws from acquiring Masood Textile Mills in Pakistan
A group of investors led by a Chinese company Shandong Ruyi Science and Technology Group, who were to acquire Masood Textile Mills Faisalabad-based, vertically-integrated textile manufacturing
2014-09-18 10:00:00
Indian textile industry seeks increase in export incentive to tackle tariff hurdles
The Indian textile industry is facing tariff barriers imposed by major importing countries such as from the European Union, Canada and China. While the competing countries such as Pakistan,
2014-08-02 10:00:00
Indian textile market going through a temporary phase of slothfulness
Although India saw demand for cotton yarn from China on a declining trend and the European Union market for fabrics and made-ups mired during the last four months. However, the demand for textiles
2014-07-05 14:30:00
Assocham submits its 10 point agenda for the growth of India textile industry
Indian textile industry has is a huge opportunity to increase its global market share with Chinese textile industry reducing its spinning activities thereby becoming uncompetitive and on the other
2014-07-03 08:30:00
Telangana govt plans to develop textile industry in Sircilla on lines of Tirupur
Telangana Government’s plans to develop textile industry in Sircilla on the lines of Tirupur in Tamil Nadu, referred to as the knitwear capital of India, has resuscitate among the power loom
2014-06-30 09:15:00
Design development programme for Sri Lankan handloom to help flourish
Sri Lankan handloom textile industry is a highly labour-intensive, export-oriented and rural based. The industry produces mainly cotton and silk products, utilizing cotton and silk yarn. Generally,
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