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economic+slowdown
2016-01-09 12:00:00
Textile mills affected by the move in ATUFS
The Cabinet Committee on Economic Affairs (CCEA) decision to introduce the Amended Technology Upgradation Fund Scheme (ATUFS) and approved R12,671 crore for its “committed liabilitiesâ€
2015-10-27 12:00:00
Indian textile and garment firms may shift base to Vietnam
The Indian textile and garment companies facing duty disadvantage at home, some have already prompted to expand outside India in recent years. Moreover, with the recently negotiated Trans-Pacific
2015-10-16 16:00:00
Chinese cotton import demand reached an all-time low in Sept
Chinese cotton imports demand has just reached 50,900 tonnes an all-time low in September, a decline of 59% year-on-year as large domestic inventories reduced reliance on foreign supplies, at a time
2015-10-09 17:15:00
Special desk launched to solve problem faced to invest in textile sector
The Investment Coordinating Board (BKPM) having received reports that 13 textile companies face problems, eight of which plan to reduce production and five others plan to stop their businesses
2015-09-09 14:24:00
Top industrialists urges safeguard against cheap textile imports
With currencies weakening and global economic turmoil, Prime Minister Narendra Modi held a meeting on Tuesday with industrialists, bankers and economists to analyse the current situation and identify
2015-08-20 12:30:00
Cashmere World Forum 2015 to take place in HongKong this October
The Cashmere World Forum is the leading informative event focusing specifically on cashmere and fine fibres to take place in Hong Kong from 7-9 October. According to organizers, it represents an
2015-08-19 16:00:00
Closure of Bhiwandi, Malegaon powerloom units to impact textile business
The alarming economic situation at both the textile centres of Maharashtra has left about one million people jobless besides a loss of about 150 crore rupees every day as over ten lakh powerlooms in
2015-08-13 15:00:00
Sales and exports of Indonesian textile industry remain sluggish
Indonesian textile industry would still be pressured in the second half of the year and predicted that sales and exports of textile products would remain sluggish, according to Ade Sudrajat, head of
2015-06-30 11:00:00
Sritex plans to expand its export market to five more countries this year
Sri Rejeki Isman, known as Sritex a leading vertically integrated textile and garment company in a bid to boost its total revenue by a minimum 10 percent this year is planning to expand its export
2015-06-16 14:00:00
Raj Rayon Industries restarts partial production at its Silvassa plant
Raj Rayon industries Limited (RRIL), one of the leading manufacturers of Polyester Yarn in India with product range including Polyester Texturised Yarn (PTY), Partially Oriented Yarn (POY) and Fully
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