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financial+stress
2017-03-08 10:30:00
Strong demand by Chinese for Indian cotton yarn to push exports
India’s overall cotton yarn exports remained under pressure during the current financial year due to sluggish demand from China, despite a robust demand from Bangladesh. But with Chinese
2017-01-17 10:00:00
Silk cocoon production registered 3pc rise at 937 MT this fiscal
During the meeting held by Financial Commissioner Agriculture Production Department (APD), Pramod Jain, at the State Level Project Monitoring Committee (SLPMC) of Sericulture Development Department
2016-09-02 13:10:00
India’s woollen industry facing double whammy
India’s woollen industry is facing distress with decline in exports of woollen yarn, fabirc and made-ups by 48 percent and woollen garments by 9 percent in the first quarter of the current
2016-08-05 14:00:00
CCI starts selling balance unsold stock through e auction to SSIs
The recent spurt in cotton prices has resulted in higher input costs for the spinning sector in the country leading to some financial stress. In order to ease the situation, Cotton Corporation of
2016-07-19 16:22:00
NITMA elects TT Limited’s Sanjay Jain as its new president
Mr. Sanjay K Jain, MD of TT Limited, has been elected as President of Northern India Textile Mills’ Association (NITMA), the apex body of textile industry in North India. NITMA elected its new
2016-04-15 14:00:00
Sharp decline in output estimates recorded 5 pc gain in cotton prices
Following a sharp decline in output estimates for the current crop year, prices of cotton have recorded over 5 percent gain after bottoming out on March 23. Non-availability of good quality cotton
2016-01-30 11:00:00
Vidarbha to get its first ever centre aided integrated textile park
The first-ever Rs108 crore integrated textile park project with Prashantkumar Mohota as lead promoter will be coming up in Vidarbha at Hinganghat in Wardha district under the Central government
2016-01-21 15:00:00
China to see rag trade slipping through its fingers
China though stands as the world leader with US$170 billion worth of garment exports a year but the trend since early last year has clearly been down, in part because of stagnant demand in world
2015-10-21 16:00:00
Chinese investors from textile sector show interest to invest in Haiti
The 9th summit China-Latin America and Caribbean (LAC-CHINA) held at the Palace of Communication and Culture of Guadalajara, Mexico (13-15 October 2015), that recently concluded attracted with over
2015-10-02 10:00:00
SIMA welcomes RBI’s effort for repo rate cut will benefit textile industry
Southern India Mills’ Association (SIMA) chairman M Senthilkumar welcomed the RBI’s effort for reduction of repo rate by 50 basis points to bring it at 6.75 percent. The move will
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