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2016-04-04 11:00:00
Surat powerlooms to keep units closed to cut down production
Surat is the country's biggest man-made fabric (MMF) centre having over 6.5 lakh powerloom weaving machines, employing over 8 lakh workers manufactures over three crore meter of fabric per day. The
2016-02-27 12:00:00
Costly textile raw materials hinder growth
The basic raw materials, MMF and filaments, were costlier by 23 to 30 percent due to 5 per cent import duty, four percent special additional duty, 12.5 percent central excise duty and anti-dumping
2016-01-12 17:00:00
Weakening yuan likely to create threat to Indian apparel exporters
India has its strength in the value-added, hand-embodied, casual fashion garments consisting of small orders, whereas China has its strength in high value, basic garments. The depreciation of Yuan,
2015-11-05 16:00:00
Weaving units faces financial loss due to import of Indian fabric via Dubai
The weaving units in Pakistan facing heavy financial losses due to import of Indian fabric from Dubai which is still unchecked and the government need to stop this import, said Pakistan Apparel Forum
2015-10-28 13:05:00
Textile industry urge for supportive policy measures to grab global opportunities
Textile industry that is going through recession is looking for various supportive policy measures from the government to grab the emerging global opportunities. While the Centre looks to address
2015-09-26 14:00:00
SIMA urge for market access policy for textiles industry
The newly elected chairman M Senthil Kumar of Southern India Mills’ Association (SIMA) at its 56th Annual General Meeting held yesterday, said that as the textile industry was equiped with
2015-08-24 16:00:00
Shutdown at Bhiwandi powerlooms continues consecutively for 7th day incurring huge loss
The shutdown, started on August 16 by over eight lakh powerlooms in Bhiwandi, the largest textile Centre in India continues to remain shut consecutively for the seventh day following the market
2015-02-12 15:00:00
Pakistan textile industry cannot celebrate announcement of textile policy with energy issue unaddressed
With the new textile policy 2014-19 being announced, according to All Pakistan Textile Mills Association chairman S M Tanveer taking the textile exports to $26 billion in next five years would
2015-02-11 19:10:00
Gujarat textile industry expect budget to bring relief from current crisis
Union Finance Minister Arun Jaitley, who will present his first full year budget on February 28, seeking to put Asia's third-largest economy on a path of 7-8 percent growth over the next two years,
2014-12-06 09:00:00
Indian textile firms Q2 net profit affected over erratic costs and demand cycle
India is the second largest producer of textiles and garments in the world. The Indian textiles and apparel industry is expected to grow to a size of US$ 223 billion by 2021. But during the Q2 of
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