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2014-07-15 10:59:00
Union Budget 2014-2015 intents to bring Acche Din for textiles
The Narendra Modi government, which has sought 60 months from the Indian electorate to bring good days, in its first budget exuded its intent to kick start the investment cycle to nurse India's
2014-07-12 14:50:00
Textile sector hails exemption of service tax on cotton transport
Indian Cotton Federation hails over the announcement made in the budget, exempting of service tax on loading, unloading, packing, storage or warehousing, transport by vessel, rail or road (GTA), of
2014-07-03 16:45:00
No shortage of cotton yarn witnessed in domestic market during 2013-14
The textile industry is on growth track, as the year 2013-14 as turned up to be encouraging with no shortage of cotton yarn at any point of time during 2013-14 was seen in the domestic market,
2014-03-24 12:59:00
China is importing lesser yarn from India, waiting for cotton policy
China is now buying lesser yarn from India, putting Indian export under pressure. Moreover, buyers in China are insisting on lower pricing citing that Indian rupee has strengthened against US$. Over
2014-02-14 12:45:00
TN textile industry elated as budget accords priority to cotton industry
The Tamil Nadu Budget, presented by Finance Minister O.Panneerselvam, has laid considerable emphasis on development of agriculture, cotton industry, MSMEs (micro, small and medium enterprises), and
2014-02-13 16:00:00
Indian corser cotton holds substantial demand in Chinese market
Corser cotton produced in India holds a substantial demand due to its good quality and less labour cost in the Chinese market. Product that is making China loses out in production. Chairman of
2014-02-05 16:50:00
Spinning mills reject to revise yarn price
Cotton prices, which were ruling at 47,500 (spot price per candy of 355kg) during September 2013, came down to 39,000 in December. But they have again increased to 43,000 now, mills said. Prices of
2014-01-24 13:30:00
Textile Minister gives nod for TUF subsidy till Sept '13
Union Textile Minister, K Sambasiva Rao, gives clearance for the Technology Upgradation Fund subsidy (TUF) for the quarter ending September last. Southern India Mills' Association thanked the
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
2014-01-20 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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