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2017-01-19 16:00:00
Yarn makers slowdown investments with slow exports to China
Cotton yarn manufacturers to slowdown investment in new capacity addition in the next five years due to sharp decline in exports to China, as local fabric makers slow down purchases. Between
2017-01-11 16:00:00
Welspun to invest Rs 4,000 crore on 3 large textile projects in Gujarat
At the ongoing Vibrant Gujarat Summit 2017, diversified Welspun Group signed three MoUs with the state government where it would invest Rs 4,000 crore on three large textile projects in Gujarat.
2016-12-28 10:00:00
Textile Ministry set to see substantial jump in fund allocation
The textile ministry although has in recent months cleared some of the old claims yet a chuck of claims are to be cleared for which the ministry is already seeking funds to settle both old and new
2016-07-03 14:00:00
AEPC expects Rs 5,000cr fresh investment to flow into the sector this year
Apparel Export Promotion Council (AEPC), an apparel industry body is expecting around Rs 5,000 crore fresh investments to flow into the sector during the current fiscal which may create as many as
2016-05-23 12:00:00
S. Korea to hold fresh round of FTA negotiation with six Central America
The Free Trade Agreement (FTA) negotiations between S.Korea and Central America were launched in September 2015 after the two sides noted a need for a comprehensive free trade pact that will promote
2016-03-10 12:00:00
Pakistan’s three textile groups to invest heavily in setting up denim units
Pakistan's top three textile groups seeing the availability of Re-gasified Liquid Natural Gas (RLNG) from the month of March onward have invested heavily on setting up denim units. Fresh investment
2016-01-09 12:00:00
Textile mills affected by the move in ATUFS
The Cabinet Committee on Economic Affairs (CCEA) decision to introduce the Amended Technology Upgradation Fund Scheme (ATUFS) and approved R12,671 crore for its “committed liabilitiesâ€
2015-12-24 17:00:00
Textile Ministry recommends corrective measures to boost textile exports
In the last few months, India’s textile and apparel exports growth have slowed down on account of various internal and external factors (textile and garment exports rose 0.6% to almost $18
2015-12-17 16:00:00
Maharashtra textile policy fails to meet its target halfway mark
The midterm assessment of Maharashtra Textile Policy 2011-17 launched during the previous Congress-NCP regime revealed a grim situation both on revenue and employment fronts. The policy had
2015-10-04 13:00:00
Textile millers place fresh demand for incentive package
The delay in the announcement of textile package was having serious aftermath on the textile sector including permanent closure of units, labour layoff, impact on cotton procurement and supply chain
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