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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
2014-01-06 00:00:00
Natural yarn of jute in varied shapes and forms put up at Jute Air expo
Master weavers from across the country have put up their exhibits in 23 stalls at the ‘Jute Air’ exhibition facilitated by National Jute Board, Hyderabad, under the Ministry of Textiles
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
2014-01-05 10:30:00
RC procedure simplified for cotton and cotton yarn exports
Government simplifying Registration Certificates (RC) procedures for various commodities including cotton and cotton yarn. To this effect the Directorate General of Foreign Trade (DGFT) has issued a
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 15:41:00
Constraint on oil-export likely to ease in 2014
With America pumping in more crude, 2014 might be the year to see ease in oil-export constraints. US had almost imposed ban on export of crude oil in the wake of the mid 1970s energy crisis. The
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