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indian+mills
2017-09-01 10:00:00
Cotton yarn exports of India plunge by 9.79pc in April-July current FY
Cotton yarn exports of India in the April- July period of the current financial year witnessed decline by 9.79 percent due to slow pick up from the two large destination China and Bangladesh, which
2017-08-07 11:00:00
India’s first special raw cotton storage facility opens at VOC port
India’s first special storage facility for handling raw cotton was launched open at the Dakshin Bharat Gateway Container Terminal, the Thoothukudi VOC port, on Friday. An initial step towards
2017-08-03 12:00:00
No GST registration required for raw jute, silk suppliers as it invite nil tax
The Indian Central Board of Excise and Customs (CBEC) gave clarifications on its website regarding the Goods and Services Tax (GST). The clarification was in response to complaints of mills asking
2017-07-24 14:00:00
ITF forms consortium purchase quality cotton to help spinning sector
Indian Texpreneurs Federation, an apex body of textile mills in the region alongwith its total members of 35 spinning mills have formed a consortium on a trial basis to purchase quality cotton from
2017-07-19 12:00:00
Ethiopian Industry Minister keen to promote trade with India
Ethiopia is one of Africa’s fastest growing economies and one of the region’s most attractive destinations for foreign investment which aims to become a major sourcing hub for the
2017-07-14 17:00:00
Bangladesh provides training to 60000 farmers in modern cotton cultivation
Bangladesh government has set up 3,050 demonstrations plot for a project which has been initiated to increase cotton production for which they have provided training to over 60,000 farmers in modern
2017-06-26 12:59:33
Blended yarn prices steady in Asian markets
In China, PC (65/35) 32s yarn prices were flat in Zhejiang in the second week of June, while 45s PC combed yarn prices were stable on the week. PV 32s were down US cent 1 a kg on the week.
2017-06-23 15:00:00
Boost to Rivatex as India grants Sh3 bn for machine upgradation
Modernisation of Eldoret, Kenya based Rift Valley Textile Mills ( Rivatex EA) is expected to revive the textile and cotton industry and generate employment, for which the Indian government has
2017-06-21 16:00:00
Powerloom units likely to get hit by higher GST on MMF
Powerloom accounts for more than 86 percent of the total MMF production in India while the rest comes from other segments like handlooms, hosiery and mills. Incidentally, the GST on cotton textile
2017-06-19 10:00:00
Demand for reduction of GST rate on MMF and yarn
Textile mills demand reduction of GST rate on manmade fiber (MMF) and yarn to 12 percent from 18 percent and refund should be permitted for fabric manuafacturers. According to Prabhu
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