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2014-01-06 11:10:00
Chinese textile manufacture to invest $218 mn to establish its US operations
Keer Group, Chinese textile manufacturer and yarn spinner to invest $218 million to establish its U.S. operations, which will be named Keer America Corp., in Indian Land, S.C. The investment includes
2014-01-06 10:50:00
Handloom institute to come up in Machilipatnam soon
Union Minister for Textiles Kavuri Sambasiva Rao announced that the state government has decided to set up a All India Handloom Technology Institute with a project cost of Rs 35 crore, in Krishna
2014-01-06 00:00:00
Paraxylene production to increase with the amendment of Foreign Investment Promotion Act
With amendment of the Foreign Investment Promotion Act, the global demand for the chemical substance is projected to increase approximately 7% each year in the near future. The SK and GS Groups is
2014-01-06 00:00:00
Cotton price expected to remain firm with good export demand
Cotton prices are expected to remain moderately firm in the near term. However, profit booking at higher levels is likely to keep prices under check. However, if the US dollar gets stronger against
2014-01-05 12:10:00
Trading activity continued to remain slow on cotton market on price discord
Trading activity continued to remain slow on the cotton market on Saturday with both buyers and sellers making every efforts to turn the prices in their favour. Most buying deals offered by
2014-01-04 10:55:00
Trading activity continued to remain sluggish on cotton market
With buyers and sellers reluctant to agree on a common price, trading activity botched to pick up on the cotton market on Friday. Floor brokers said that it seemed that buyers and sellers were
2014-01-04 09:40:00
UP textile industry going through tough time
Uttar Pradesh textile industry is going through hard time with low productivity, lack of advanced technologies, lack of foreign investments, supply chain bottlenecks, lack of economies of scale,
2014-01-03 17:00:00
Govt plan to revive defunct spinning mill through private partnership
The state government plan to put back into operation Kalinga Cooperative Spinning Mill at Govindpur in Dhenkanal district which is shut since 2002, through private partnership strategy, said minister
2014-01-03 14:15:00
Export incentives for cotton and its yarn has been done away
The Finance Ministry has done away with certain export promotion incentives on cotton, cotton yarn exports. The apparent surge in export value of these products in recent years has prompted the
2013-12-31 12:10:00
GSP Plus status will help Pakistan increase export to EU, FPCCI pushing value addition
The textile industry in Pakistan is getting ready to take advantage of the GSP Plus status granted by the European Union to the country. At two listed textile companies have made significant
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