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India urges EU to waive import duty on its textiles
Textile import policies have made Indian textiles unfavorable for European customers. The government has told several European countries in recent discussions that their "skewed" due to import duty
Technical textile accounts 18.70 percent in all forms of textiles
The share of technical textiles in all forms of textiles world over is 18.70% whereas the share of technical textiles in India is 11.43%. The Government of India, Ministry of Textiles has taken
Integrated processing development scheme (IPDS) launched
The government has approved the launching of a new Integrated Processing Development Scheme (IPDS) to establish four to six Brown Field projects and three to five Green Field projects with a total
India’s share in global textile market reaches 4.11%
As per data released by WTO Secretariat for the calendar years 2009, 2010 and 2011, the share of Indian textiles and clothing exports in world’s export were 3.98%, 3.98% and 4.11%
Chinese love for Tweed and Wool gives Scottish wool popularity
Chinese luxury customers have scaled up sales of more restrained styles which has contributed to the popularity of Scottish wool through their purchase of top global luxury brands such as Chanel,
Spinning mills reject to revise yarn price
Cotton prices, which were ruling at 47,500 (spot price per candy of 355kg) during September 2013, came down to 39,000 in December. But they have again increased to 43,000 now, mills said. Prices of
UP govt decides to revive nine closed spinning mills
Revival plan of closed spinning mills in UP state are being worked out. On Thursday, UP chief secretary, Jawed Usmani directed authorities to prepare a formal proposal detailing on the plan of action
ICE cotton futures eke out gains ending its two days of losses
ICE cotton ended its two days of losses as it eked out small gains on Tuesday, while stocks continued to rise as trade buying offset index and fund rolls ahead of the March contract expiry. The
American Textile starts expansion at its Tifton plant
American Textile Co. (ATC) Duquesne, Pa.-based manufacturer of mattress and pillow protectors, bed pillows and mattress pads seeing the increasing consumer demand for its products has decided to
Lack of buying interest kept cotton prices under pressure
Cotton prices at the Pakistan cotton market remained under pressure for second straight session on Tuesday due to lack of buying interest. However, some millers lifted small lot deals at falling
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