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2016-08-12 13:00:00
Special Advance Authorization scheme announced to boost apparel exports
As India expects its textile and apparel exports to touch USD 50 billion mark this fiscal from USD 38 billion in 2015-16. The Union Cabinet recently approved a Rs 6,000-crore package for the textiles
2016-08-12 12:00:00
Indian textiles sector likely to get hurt by TPP
Textile and clothing sector accounts for roughly 5 percent of India’s GDP, 15 percent of its industrial output and export earnings and provides livelihood support to 55-60 million people
2016-08-12 04:03:03
PTA price moves down on weak demand
Asian PTA markers were down US$3 a ton CFR China and CFR Southeast Asia in the last week of July. In China, offers fell gradually to below US$610 a ton, and counter offers fell below US$600 a ton,
2016-08-11 17:00:00
Make in India policy likely to destroy the local textile industry
Demand to remove anti-dumping duty on yarn is being raised from various circles including Federation of Surat Textile Traders Association (FOSTTA), Malegaon Industries and Manufacturers Association
2016-08-11 15:00:00
Welspun gets license to suppy towels for Manchester United, Walt Disney
Welspun Global Brands has recently become a licensed towel supplier for football club Manchester United and Walt Disney, after marking its presence in the international sporting events like Wimbledon
2016-08-11 14:00:00
Riverside adds Sina Pearson into Momentum Textiles platform
The Riverside Company a global private equity firm focused on making control and non-control investments in growing businesses acquired Sina Pearson, contract textile supplier that designs and
2016-08-11 13:00:00
India’s cotton production likely to hit seven-year low in 2016-17
India's cotton production in 2015-16 has declined to 338 lakh bales (one bale of 170 kg each), down 12.4 percent from 386 lakh bales in the previous year, to hit a six-year low, according to last
2016-08-10 17:00:00
Texprocess 2017 still to open doors records great number of registrations
Texprocess 2017, a leading trade fair for processing textile and flexible materials, have already recorded an outstanding number of registrations with around nine months still to go before the doors
2016-08-10 16:15:00
Santoni, Unitin, Lenzing and Tonello to launch stretch indigo denim concept
BLUE ZONE, International Denim Trade Fair, to take place in Munich this end August, four leading companies from the textile and clothing supply chain will launch a stretch indigo denim concept -
2016-08-10 11:00:00
Danish through its Novozymes bio-solutions to help Pakistani textile industry
The Royal Danish Embassy, in collaboration with the global industry leader, Novozymes, is organizing a series of seminars, business meetings, and textile mill visits in Lahore, Faisalabad and Karachi
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