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2015-10-30 16:30:00
Commerce ministry's announces amending MEIS includes textile item
The Commerce Ministry has expanded the current incentive schemes for exporters to include more products, greater number of markets and, in some cases, has also increased the incentive amount. The
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
2015-10-23 14:08:00
China slows down yarn import from India in September, up just 13pc
Spun yarn exports growth rate slowed down dramatically in September 2015 to 8 per cent in volume terms and 6 per cent in US$ term. All kinds of yarn shipments were at 118 million kg worth US$333
2015-10-12 12:31:08
Blended yarn price moderates in Asia
In Qianqing, PC (65/35) 32s yarn prices were up US cent 1 a kg and 21s were also up US cent 1 a kg in the last week of September. Offers for polyester-cotton yarn held flat amid favorable sales in
2015-10-07 16:30:00
Nandan Denim focus to emerge as one world's five top player
Ahmedabad-based Nandan Denim Limited, which started manufacturing operation in 2004 with a 10 million meters capacity in denims and in the last decade they have been continually expanding and they
2015-09-28 15:00:00
Cotton production likely to remain uncertain due to volatile weather
The cotton production outlook remains uncertain, as the weather is still volatile. With the current cotton year ending on September 30, the total stocks at the dawn of the new season would be around
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
2015-08-24 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
2015-08-06 12:10:00
CCI offloads half of its cotton stock under MSP
The Cotton Corporation of India (CCI) which procured 8.6 million bales (1 bale = 170 kgs) of cotton since October 2014, has started offloading the stock in both domestic and international markets
2015-06-16 15:00:00
Vietnamese fashion brands scaled down their operation finding difficult to compete with foreign brands
In Vietnam, presently about 200 foreign fashion brands exist holding major 60 percent of the domestic market share. The bestsellers are mid-tier ones such as Giordano and Bossini and high-end ones
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