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Search Results for: growing demand

Maharashtra CM plans to develop Vidarbha as biggest textile hub of India
The Maharashtra chief minister Devendra Fadnavis plans to develop Vidarbha as the biggest textile hub of India as he believes that farmer’s problems will not resolve with just one time
Indorama Venture Plc plans to acquire a leading premium polyester tire cord fabric producer
Indorama Venture Plc (IVL) has announced that (subject to the approval of regulators) it plan to acquire the Asian manufacturing operations of Performance Fibers Asia (PF Asia) from an affiliate of
China cotton stocks may end the season smaller than expected
The US Department of Agriculture bureau in Beijing pegged at 58.0m bales (12.64m tonnes) China's inventories at the close of 2014-15 – more than 4m bales below the department's official
CCI to procure cotton from farmers in 11 producing states as prices fall below MSP
Sluggish export demand and anticipated higher domestic production have resulted in rates falling below MSP in few states of India. Minister of State for Agriculture Mohanbhai Kundaria said in a
Spun yarn export declines sharply, apparel also slows down
A weaker rupee and steady demand from China and US had helped the textiles exports in the past year. From April, demand for raw material like yarn from China has fallen dramatically and inventory
New revised DBK rates likely to create positive impact on overall apparel sector in India
The government has notified new duty drawback rates which will boost the overall perception of Indian apparel sector and raise competitiveness in the global market. A separate entry has been created
Cotton farmers seeking higher MSP from govt to recover their expenses
The state government has starting cotton purchases from November 15 onwards at minimum support price (MSP)wards but this will not provide relief to farmers who have suffered a double whammy of poor
Welspun India focus to strengthen leader position in home textile category
Welspun India, a part of the USD 3 billion Welspun Group, one of the top three home textile manufacturers in the world and the largest home textile company in Asia. With the 170,000 spindles and 140
Bangladesh drafts new textile Policy-2014 aiming to double local textile output
The Bangladesh government has drafted the 'Textile Policy 2014’, the move to prepare a new policy was initiated as the existing textile policy of 1995 has failed to address the developments in
Kazakhstan working towards uplifting its garment industry
The Kyrgyz textile and garment industry was originally developed in the 1930’ as a result of the availability of raw material mainly cotton and wool, in South Kyrgyzstan. Kyrgyzstan’s
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