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2015-08-25 14:00:00
South Carolina now home to Chinese textile manufacturers
The prospect of a sweeping Pacific trade agreement led by the United States, and excluding China, is driving Chinese yarn companies to gain a foothold in the lucrative U.S. market. China, once the
2015-07-23 12:00:00
Textile industry needs to introspect and look into new areas to expand
Diversion of garment orders to India has already begun with the textiles industry in China slowing down and Pakistan’s growth - constrained by power and other problems and the garment
2015-07-15 17:00:00
TN synthetic yarn manufacturers decide to restrain production
Tamil Nadu textile spinning mills producing blended yarn including polyester cotton by using synthetic material, have decided to stop production during the weekends with immediate effect as losses
2015-07-07 15:00:00
Textile ministry to look at possibility of duty cut on MMF
The textile ministry in consultation with the finance and revenue departments to look at the possibility of a duty cut on man-made fibre as high cost of key raw material for manufacturing blended
2015-06-14 14:00:00
CITI sought additional allocation of funds under TUFS for spinning sector
The Confederation of Indian Textile Industry (CITI) on Friday sought additional allocation of around Rs.3,000 crore under the Technology Upgradation Fund Scheme (TUFS) stating unhealthy conditions
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
2015-05-08 12:00:00
India’s overall textile exports to miss official growth target of 15%
India’s overall textile and garment exports that also include those of jute, coir, handicrafts and handloom items to not only miss the initial official growth target of 15% for 2014-15 but
2015-05-07 12:00:00
Manmade yarn and fabric industry likely to see growth rate of 5 to 7pc in this year
The manmade yarn and fabric industry likely to see growth rate from five to seven percent in 2015-16, with stability in crude oil prices. However, as Indian synthetic yarn and fabric performance has
2015-03-24 11:00:00
SITA project to boost Indo African business and investment on selected sectors
The World Trade Organization and the United Nations mandated the International Trade Centre (ITC) to design and implement a five years projects called Supporting Indian Trade and Investment for
2015-03-02 12:30:00
Budget 2015 has almost nothing for textiles, but growth may spur demand
The Union Budget 2015-16 has nothing for the Indian textile industry as it failed to consider the demands put forth by the industry. The industry has expressed disappointment over the budget
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