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Search Results for: india textile industry

Rise in polyester raw material prices impact margins of yarn makers in India
The two key raw materials Purified terephthalic acid (PTA) and mono-ethylene glycol (MEG) used in making synthetic yarn although have remained low globally but in India the same have risen by Rs
IKEA initiates ‘Make More in India’ and to expand supplier base in India
Global home furnishings leader, IKEA has announced a new initiative - ‘Make More in India’ aimed at potential suppliers and to expand IKEA’s supplier base as well as the
Dickies global work wear maker heads to India with big plan
Williamson-Dickie Manufacturing Company, a global work-wear maker originally an American based company has signed an exclusive licensing agreement with ID Overseas. This agreement authorises the use
MNREGS likely to be extended artisans and weavers of the textile sector
The centre plans to extend the Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS) to textile artisans. The move aims to support artisans who are leaving the skills and joining the
India sees huge potential for technical textile during the next two years
India sees huge potential for the technical textile sector as sector is expected to grow at 20 percent per annum during the next two years, said Union Minister for Textiles Santosh Kumar
Government strives to resuscitate ailing textile units including NTC
The Textile Ministry is working toward resuscitating sick mills including the National Textile Corporation (NTC). The government wants to bring to profit a total of eleven mills of NTC in next three
GSP Plus gateway can bring many positive changes in Pakistan textile industry
Pakistan has witnessed an increase of 20-25 percent in enquires and order from European countries in the last 11 months, said Multinational Export Bureau CEO Babar Khan who runs two textile factories
Welspun to invest Rs 2,500 cr into modernization and expansion of textile facilities
Welspun India, Asia's largest and the 2nd largest Terry Towel producers in the World based in Mumbai, as part of its expansion plan would be making investment of Rs 2,500 crore in their textile
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
Govt coming up with four schemes to push technical textile
Technical textiles are an important part of the textile industry and its potential is still largely untapped in India. To tap the potential of technical textiles, Ministry of textile, Government
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