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Five of eight public sector spinning mills remained closed were reopened

The decision to reopen public sector spinning mills was taken in the discussion convened by industry minister A C Moitheen…

7 years ago

Acrylonitrile price falls in Asia despite high upstream cost

Asian ACN prices fell US$10-11 a ton CFR Far East Asia in the last week of November while Southeast Asia…

7 years ago

Export of spun yarns made of 100pc manmade fibres down by 19.6pc

100 per cent man-made fibre yarns export from India was at 6.1 million kg in December 2015, down 19.63 per…

8 years ago

Indian textile stocks fetched positive ROI despite lean phase

The stocks of textile companies have performed well in the last one year. Of the 52 textile stocks, 43 stocks…

8 years ago

Falling crude oil sets nylon chain on a freefall

The nylon value chain has lost more than half its values in Asian markets by end 2015 end ever since…

8 years ago

Indian textile exports likely to fail in achieving official target $45-bn this fiscal

India‘s overall textile and garment exports, which also include those of jute, coir and handicrafts, likely to increase by 4-5…

9 years ago

Zimbabwe govt grants 1 year rebate to clothing and textile industry

At the time when Zimbabwean clothing sector is facing stiff competition from cheap imports that have flooded the market, making…

9 years ago

Textile exporters hit hard as euro tumbles

Businesses close to home and individual textile exporters in Tirupur, Tamil Nadu, who have sizeable exposure to the currency, have…

9 years ago

Bangladeshi terry towel makers badly hit due to drop in cotton price

More than 16 big terry towel factories of Bangladesh have been closed in recent times due to drop in cotton…

9 years ago

China to invest billions of dollars in textile factories to create 1mn jobs by 2023

China has assured to end a costly stockpiling program that has artificially exaggerated cotton prices. The Xinjiang Production and Construction…

9 years ago