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2014-01-24 16:00:00
Weavers offered hire purchase scheme to modernize at least a part of their weaving facility.
Union Ministry of Textiles to give a major fillip for modernization in the weaving sector a programme has been launched called the ‘Hire-Purchase Scheme’ in the revised restructured
2014-01-24 10:00:00
Freudenberg to make significant investment to upgrade its Spunlaid production sites
Freudenberg Nonwovens, Germany-based one of the world’s largest manufacturer of nonwovens to make investments of several million euros to upgrade its facilities in Durham, N.C., and
2014-01-22 17:00:00
SarlaFlex Inc. secured $13 Million in NMTC Financing to expand yarn and thread facility
Sarla Performance Fibers, based in Mumbai, India, under the name SarlaFlex Inc. to redevelop a manufacturing facility in rural South Carolina into the company's first U.S. based yarn and thread plant
2014-01-22 16:45:00
Garment makers, textile mills feuding over increased yarn prices
Textile mills have increased yarn prices by Rs 5 per kg for all counts from January 20. Garment manufacturers say that mills are planning to hike it further from the beginning of next month. The
2014-01-21 10:45:00
EBITDA margin of cotton yarn industry expected to see growth in FY14
CARE Research looks ahead to EBITDA margins of cotton yarn industry improving in FY14. However, the industry’s net margins would be constrained by the rising interest cost (due to burgeoning
2014-01-20 14:45:00
Intertek to open new textile testing lab to support growing textile industry in SL
Sri Lanka’s textile and apparel industry accounts for nearly half of all its exports, making it one of the top apparel-producing countries. Intertek to support the growing textile and garment
2014-01-20 12:30:00
PSG-SIMA joins hands to set up textile training institute
Two leading groups of industries joined hands to set up a textile technical training institute in the city. The PSG-SIMA Textile Technical Training Institute, the plaque for which was unveiled by
2014-01-20 11:25:00
Pakistan textile sector demands restoration of zero-rating regime
Pakistan textile sector demanding restoration of the zero-rating regime, the decision to withdraw zero-rating has adversely affected exports at a time when huge amount of Sales Tax Refunds are
2014-01-20 11:10:00
Karina Textiles Zimbabwe facing closure
Karina Textiles, one of the Zimbabwe’s leading textile industry and sole manufacturer of knitting yarn, last week auctioned its movable and fixed assets following its liquidation. Theressa
2014-01-20 09:00:00
India likely to increase textile production level to $220 bn by 2020
Union Textile Minister Kavuru Sambasiva Rao is of the view that the current India’s annual production level of textile goods which is $90 billion is likely to increase to $220 billion by 2020
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