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2016-01-07 14:00:00
Cotton market witnessed push in rates due to rising demand by mills
Cotton market witnessed further push in the rates on Wednesday due to the rising demand by mills. It is observed by some leading brokers that the mills have started forward buying to save themselves
2016-01-06 17:00:00
WestPoint Home to invest $9m for expansion of its spinning capacity in Bahrain
US manufacturer and marketer of home products WestPoint Home (WPH) decides to make investment of $9 million for its third spinning capacity expansion at its Bahrain manufacturing complex. The company
2016-01-06 12:00:00
Steep rise in raw jute price hit jute goods exports market
Jute goods exports have logged almost flat growth from 2010-11 (0.19 million tonne) to 2013-14 (0.21 million tonne). However, jute goods exports declined sharply in 2014-15 to 0.15 million tonne,
2016-01-05 16:00:00
Texworld Paris trade fair 2016 coming up soon
Texworld Paris trade fair for professionals from the fashion industry will be taking place next month in February 2016 which is divided into more distinct sections with a new concept, that will
2016-01-05 15:00:00
MP textile mills hit hard by high cost of production, drop in exports
Madhya Pradesh has about 45 textile mills of which 35 are spinning mills and 10 are composite mills are facing high rise in cost of production by about 10-15 percent due to higher cotton prices,
2016-01-04 12:00:00
Maharashtra govt to soon set up second integrated textile park in Beed
The Maharashtra state government after having announced the setting up of an Integrated Textile Park in Amravati and recently Raymond has declared its intention to do the same that will help in
2016-01-03 12:00:00
Pakistan banking on Gujarat for its cotton imports
Pakistan, the neighbouring country has so far imported over 13 lakh bales worth Rs 2,000 crore from India is now banking on Gujarat, the largest cotton production state that accounts for more than 7
2016-01-02 16:00:00
Focus on technology and skills to reinstate textile industry's higher share in global trade
Textile Commissioner, Kavita Gupta speaking at the inauguration of joint technological conference of textile research associations said that textile industry need to focus on reviving technology and
2016-01-02 15:00:00
TN power loom units demand reduction of VAT on cotton yarn
The Central Sales Tax on the yarn is two percent, while in Tamil Nadu; the Value Added Tax (VAT) is five percent on cotton yarn. Further, fabric is exempted from VAT here. With the high VAT rate on
2016-01-02 12:00:00
Ludhiana textile industry calls new ATUFS anti-small sector and confusing
The Union government's decision to make amendments in a major scheme related to subsidies forwarded on textile machinery, according to Ludhiana’s textile industry bodies, the move is one that
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