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2016-12-09 15:00:00
Govt officials visiting textile hubs to help adopt digital transaction
The government has started sending officials to various textile and garment clusters across the country to facilitate the opening of bank accounts for workers, including the casual ones, and help
2016-12-09 10:00:00
Eclat Textile plans to close its Chinese manufacturing base in Wuxi
ECLAT Textile, Taiwan’s largest technology-based textile company, professional functional and flexible knitwear fabric producer and apparel manufacturer decides to completely close Chinese
2016-12-07 15:00:00
Jute supply plummeting after the monetary reform
With the decline of cotton supply to textile units vis-a vis demonetization, the jute supply is also following a similar trend. The supply of raw jute to mills estimated a disruption in the sourcing
2016-12-03 17:00:00
Jute industry in North Andhra seek financial package from govt
A delegation of management representatives planned to meet Chief Minister N. Chandrababu Naidu for seeking financial package for the jute industry in North Andhra region as it is facing deep crisis
2016-12-03 11:00:00
Textile units asked to open bank accounts to pay employees
To mitigate the impact of demonetisation faced by the textile units including garmenting units to make payment of wages to workers, the government has asked textile units to bring the textile worker
2016-12-01 14:00:00
Steep decline yarn prices affecting powerlooms sector
Cotton price that stood at Rs 52,000 a bale (172 kg) some months back has started declining slowly which is now available at Rs 46,000 to Rs 48,000 a bale. A steep decline in yarn prices is affecting
2016-11-28 16:00:00
Textile ministry to focus on new markets for handloom sector
India sees a huge scope for promoting its handloom and handicraft products in the niche markets world over. Also the export of handicrafts continued to grow at the rate of 17 percent. As many global
2016-11-28 10:00:00
Textile hub Ichalkaranji crippled due note ban bombshell
Ichalkaranji a major textile hub in the country, known as the Manchester of Maharashtra, in just 15 day the daily turnover at has plummetted from Rs 45 crore to Rs 13 crore as traders are cancelling
2016-09-19 14:00:00
TN state to offer 50pc subsidy for setting up Mini Textile Parks
At a group meeting of about 20 entrepreneurs engaged in handlooms and textile business held here on Thursday, Collector S. Natarajan addressing the group said that the State government has offered
2016-09-16 12:00:00
Special textile package is yet to take off in creating jobs, productivity
The special textile package approval by the cabinet and announced by the government in June which involves a total outlay of Rs 6,000 crore aimed at improving competitiveness and generating higher
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