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2014-06-19 17:00:00
CEMATEX launches new sustainable innovation award for ITMA 2015
Innovation has always been an integral part of ITMA's DNA. Every ITMA exhibition has presented the latest manufacturing technology to textile and garment makers. In 2015, in line with industry trends
2014-03-24 12:59:00
China is importing lesser yarn from India, waiting for cotton policy
China is now buying lesser yarn from India, putting Indian export under pressure. Moreover, buyers in China are insisting on lower pricing citing that Indian rupee has strengthened against US$. Over
2014-03-07 15:25:00
Textile and garment exports to hit $40 bn this fiscal missing $43 bn target
India’s exports are expected to hit $40 billion in 2013-14 from $34 billion, a rise of 17.6% in the current fiscal from a year before, mainly on higher shipments of garments, cotton yarn,
2014-01-28 11:55:00
Govt restores export incentives on yarn shipments, awaiting to hear on FMS
The government partly rolling back its decisions taken in September last year, has restored benefits on cotton yarn shipments under the Incremental Export Incentivisation Scheme (IEIS) for the
2014-01-25 10:30:00
CITI happy with the restoration of exports incentives now urges for restoration of FMS benefits too
Confederation of Indian Textile Industry (CITI) has welcomed and thanked Minister of Textile and Minister of Commerce for considering the presentation made by them for restoration of export benefits
2014-01-24 16:39:00
Higher exports boost cotton yarn spinners' profitability
The surge in the demand for cotton yarn in the export market and domestic apparel and home furnishing sector, has renewed vigour and confidence of Indian spinning mills this year. On the back of
2014-01-24 16:00:00
Weavers offered hire purchase scheme to modernize at least a part of their weaving facility.
Union Ministry of Textiles to give a major fillip for modernization in the weaving sector a programme has been launched called the ‘Hire-Purchase Scheme’ in the revised restructured
2014-01-24 13:30:00
Textile Minister gives nod for TUF subsidy till Sept '13
Union Textile Minister, K Sambasiva Rao, gives clearance for the Technology Upgradation Fund subsidy (TUF) for the quarter ending September last. Southern India Mills' Association thanked the
2014-01-24 11:30:00
Indian exporters of cotton yarn have been restored back with export incentive
Incentives for raw cotton and yarn exports that were withdrawn in September have been restored back. The Directorate General of Foreign Trade (DGFT), a unit of the trade ministry, gave no reason for
2014-01-23 15:00:00
Cotton yarn spinners banking on export
Good monsoon and a better crop size of cotton may help in keeping the price of cotton viable for the industry in the next few months, thereby increasing the profitability of cotton yarn spinning
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