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2015-02-03 18:00:00
JCT to repay convertible bond holder from sale of its non-core assets
JCT Ltd, one of India's leading textile makers, plans to sell some of its noncore assets to repay holders of its foreign currency convertible bonds. The company’s non-core assets include 70
2015-02-02 15:00:00
Political turmoil in Bangladesh hampered jute export and production by Tk5.1 bn
Bangladesh exports and local trade of jute hit hard by 20-30 per cent in the last 26 days due to political turmoil. The jute sector suffered loss of an estimated Tk 5.1 billion, insiders said. The
2015-01-21 11:00:00
MIL plans to hit the 100cr export fig in this financial year
Mohit Industries Ltd is a business conglomerate that undertakes in Textiles and AAC Blocks Business. The company is today, one of the top manufacturers of fabrics and texturised yarn in the nation.
2015-01-13 14:00:00
Maniabandha village in Orissa to be developed as a model weaving village
Maniabandha village in Cuttack district of Orissa to be developed as a model weaving village on the lines of hamlets in Tamil Nadu and Andhra Pradesh to promote tourism in textile hubs. An in-house
2014-12-15 10:00:00
Russian nonwovens and technical textiles faces biggest decline in demand
The Russian nonwovens and technical textiles industries volume of production during the period January-October has declined by about 15 percent compared to the same period last year, due to the
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
2014-11-24 00:00:00
Utex JSC and Melange JSC textile factories in south Kazakhstan to restore production
The textile industry of Kazakhstan has gone through a process of sharp cutback over the past decade. Baiterek National Managing Holding and its subsidiaries, Kazakhstan Investment Fund JSC and
2014-11-06 10:00:00
Bangladesh drafts new textile Policy-2014 aiming to double local textile output
The Bangladesh government has drafted the 'Textile Policy 2014’, the move to prepare a new policy was initiated as the existing textile policy of 1995 has failed to address the developments in
2014-09-30 11:00:00
Pakistan textile policy 2009-14 fails to achieve the set export target
The Pakistan Textile Policy 2009-14 has failed bleakly to achieve its target of doubling exports of the country’s textile industry. The plan comprised short-term support actions and long-term
2014-09-27 10:00:00
Mega handloom cluster to start operations in October likely to be a game changer for Chirala weavers
The Chirala is major hub for textile business in the district of Prakasam. Chirala area handloom industry is famous since time immemorial for producing variety of fabrics which brought name and fame
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