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2016-07-14 12:00:00
Cotton output estimate revised to 338 lakh bales this season
Cotton production is estimated to be 338 lakh bales in the 2015-16 season (which began on October 1) from 386 lakh bales in the previous year as the area under cotton has decreased to 119.10 lakh
2016-05-06 12:00:00
13th Handicraft Trade Fair under theme Prospect for Prosperity begins
The 13th Handicraft Trade Fair and 11th Craft Competition was inaugurated by Minister Pandey yesterday to promote local handicraft as it represents the unique art and culture of the country. The
2016-03-23 17:00:00
Hong Kong textile eye India as alternative production base to cut cost
In recent years, the sustained rise in production costs on the Chinese mainland has eroded the profit margins of many Hong Kong companies with labour-intensive factories located on the Chinese
2015-12-18 16:00:00
Dwindling demand, rise in yarn prices add to woes of textile sector in Surat
Surat’s textile sector is going through a tough phase due to dwindling demand and rising prices of yarn. The sector that accounts for 40% of the MMF fabric demand in the country and the city's
2015-11-16 13:00:00
Indo Rama confident to register profits next quarter
Indo Rama Synthetics Limited (IRSL), known as India's largest polyester manufacturer, which has a plant at Butibori industrial estate, the first investment in that area and employs a workforce of
2015-11-05 17:00:00
Cotton prices remain lower under selling pressure
Cotton prices remained lower on Wednesday as ginners fearing further decline in lint prices having long position rushed to unload their stocks at Pakistan cotton market. According to floor
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
2015-06-14 15:00:00
Russia technical textile and nonwoven industry to get additional support
The Russian government is considering providing additional state support to its domestic producers of technical textiles and nonwovens. Russian Minister of Industry and Trade plans to provide funds
2015-05-08 12:00:00
India’s overall textile exports to miss official growth target of 15%
India’s overall textile and garment exports that also include those of jute, coir, handicrafts and handloom items to not only miss the initial official growth target of 15% for 2014-15 but
2015-04-17 13:00:00
Improving demand in polyester likely to push up MEG prices in Asia
Continued demand growth from the downstream polyester market and firming crude oil values likely to push the monoethylene glycol (MEG) spot prices in Asia on uptrend but the increased supply in
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