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2014-10-17 10:00:00
Yarn prices at an all time low in India but weavers show no interest
Leading spinners including Reliance Industries Limited (RIL), Indorama as well as the local spinning units in and around the Surat, the country’s biggest man-made fabric hub have reduced yarn
2014-10-16 10:00:00
Textile Ministry mulling over streamlining TUFS under new textile policy
Technology Upgradation Fund Scheme (TUFS) which was introduced in 1999 to catalyze investments in all the sub sectors of textiles industry by way of interest reimbursement. The scheme mainly focuses
2014-10-09 10:00:00
Industrialists clamor for speeding up process to set up Apparel Park in Agra
Textile Minister, Santosh Gangwar during his Agra visit recently had announced that an apparel manufacturing park spread over 15 acre of land would be set up in Agra and that bids will be floated
2014-10-03 10:00:00
Govt order to identify land for set up Textile Park in Odisha
The Government has decided to develop an integrated textile park during the current plan period and set up an incubation centre in the campus of National Institute of Fashion Technology (NIFT) to
2014-09-26 15:50:00
Ministry of Textiles calls for high level meeting of all state government to discuss new and existing textile schemes
A high-level meeting of all state governments will be held with textile minister to discuss new schemes and modification in existing schemes in the textile sector. Many issues are likely to feature
2014-09-22 11:00:00
Bangladesh Central bank reluctant to give loan to jute millers from EDF funds
Bangladesh Central bank are reluctant to give jute millers loan from Export Development Fund (EDF) fund for import of capital machinery as it will impair the purpose of the fund and squeeze the
2014-09-12 16:00:00
Noida textile machinery business witnessing downward trend with low order booking
The textile machine manufacturing players who earlier witnessed order booking in double digit on a daily basis, in last few quarters have seen it go down to weekly and fortnightly. Along with
2014-09-12 13:00:00
New national textile policy aims to beget $120bn investment in India
The draft vision paper, given to the ministry in July, aims at bringing investment of $120 billion, so the sector can achieve $650-billion growth by 2024-25 for which it will require 35 million
2014-09-11 00:00:00
Bareilly, the city with immense potential in textile field to get mega textile cluster
Union minister of state for textiles Santosh Kumar Gangwar (BJP) and UP minister for textiles, Bhagwat Sharna Gangwar (SP) have come together to set up a mega textile cluster in Bareilly, the city
2014-09-02 15:00:00
Precot Meridian plans investment of Rs 200cr at its technical textile plant in Hassan SEZ
Precot Meridian Ltd is a leading player in the textile industry manufacturing yarn and fabric. As part of its expansion plan would be investing an additional Rs 200 crore at its technical textile
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