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Arvind
2016-01-06 15:00:00
Textile mills turning to cotton imports due to increasing adulteration
Textile mills and traders in north and south India buying cotton from Gujarat forced to import cotton over the increasing adulteration, the usual rate of adulteration of 10-15 percent has climbed to
2015-11-27 17:00:00
Cotton ginner face tough time with falling prices and shrinking profit margins
Cotton ginners are in a fix as export demand is less as major buyers like China have not turned up this time. This is hurting realization from processed cotton, thereby reducing profit margins for
2015-11-05 15:00:00
Cotton ginning industry faces loss due to weak prices
The cotton ginning industry facing loss of about Rs 8 crore a day on trading roughly around 80,000 bales every day due to weak prices. There are around 4,500 ginning units in the country, almost half
2015-10-29 10:00:00
Mumbai’s Mulji Jetha market found flooded with Chinese textiles
Mulji Jetha market, a 136 year old textile market in South Mumbai and the largest textile bazaars in Asia with hundreds of wholesale stories and some retailers too. The market which is still crowded
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
2015-09-18 10:33:00
XSTOK raises funds from angel investors to expand its reach
XSTOK, a B2B platform to transact surplus textile goods, has raised Rs 3 crore or US$4.52 lakh from a group of angel investors and early-stage investment firm Oliphans Capital, a company statement
2015-09-10 11:00:00
Textile industry demands reform from Centre
At a time when dumping of Chinese textile products like fabric and garment have been hurting the Indian textile industry with lack of free trade agreements (FTA) and reduction in duty free scripts
2015-09-09 16:00:00
Host of home grown apparel makers to set up manufacturing facilities in Ethiopia
Indian enterprises, both large and mid-sized are putting in millions of dollars for setting up manufacturing facilities in Africa’s oldest independent country, Ethiopia which is a promising
2015-08-21 14:22:00
Indian textile makers focus on innovations to grab overseas markets
Top textile manufacturers are focusing more on research and development (R&D) to position their growing business overseas and are projecting higher revenue notwithstanding the weak global markets.
2015-08-21 10:00:00
Textile companies filing for patents to maintain their market
Top textile companies to enhance export market share have started spending on research and development (R&D) to come out with newer products as they feel it is the only way to keep their market and
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