The Cotton textile exports are expected to gain double digit growth this financial year. Our last year’s exports were US$ 8.42 billion and it is expected to be US $ 9.56 billion for the current financial year. The textile industry ...
Tags: Cotton textile, financial year, Texprocil
Images Group recently held a road show in Ahmedabad to promote the 3rd edition of ‘InFashion' to be held from March 20-22 in Mumbai. Also present on the occasion was Mr Ramesh Poddar – Chairman of Siyaram Silk Mills Ltd and ...
Tags: Images Group, Ahmedabad, InFashion
INVISTA, the leading fiber and fabric innovator in textile industry space concluded the second edition of its much anticipated knowledge and innovation conclave ‘LYCRA RENDEZVOUS’ at the Taj Palace, New Delhi on February 28 on a ...
Tags: Lycra Rendezvous, INVISTA, Denim Sector
Confederation of Indian Textile Industry (CITI) has requested the government for immediate release of cotton procured by various government agencies through Minimum Support Price (MSP) Operations. Shri S.V. Arumugam, Chairman, CITI stated ...
Tags: CITI, Procured Cotton, Textile Industry
Several international retail brands are planning to invest in Indian textile sector as the Central Government has announced many incentives, including tax exemptions, to the textile and garment industry in the Union Budget 2013-14. ...
Tags: FDI, Indian Textile Sector, textile
The zero excise duty on cotton textiles at fibre, yarn, fabric and garment stages announced in the Union Budget 2013-14 will help reduce prices of end products, according to India Ratings & Research (IRR), a Fitch Group Company. The ...
Tags: cotton textiles, fibre, yarn, fabric, garment stages
Indian textile and apparel manufacturers are expecting boost for the sector as Union Budget 2013-14 has opened new opportunities for investments in the domestic as well as international market with reduced excise duty on branded garments, ...
The Indian textile industry, employing over 100 million people directly and indirectly has been looking for various schemes and assistance in the Union Budget 2013-14 to regain its global competitiveness which faced the worst ever crisis in ...
Tags: textile industry, Union Budget, SIMA
More than 100 cotton/man-made fibre textile mills have closed since 2009-10 in India, as per the data available with Textiles Commissioner. This was stated by Minister of Textiles, Mr. Anand Sharma, in a written reply in the Rajya Sabha, ...
Tags: India, Textile Mills, 2010
The Union Budget 2013-14 presented by the India’s Finance Minister P Chidambaram has brought cheer for the textile and garment industry as the Central Government has accepted their long standing demand for removal of excise duty on ...
Tags: India, Textile Sector, Garments
The performance of the Indian Textile Sector has improved considerably during last two decades The production of Spun-yarn, Man-made fibre and filament yarn increased from 2443 Mn Kg. in 1991-92 to 7069 Mn Kg. in 2011-12, whereas total ...
Tags: Performance, India, Textile Sector
Indian textile and garment industry is seeking relief inUnion Budget and is expecting exemption of customs duty on man-made fibre, removal of levy of excise duty on readymade garments, allocation of more fund for Technology Upgradation Fund ...
Tags: textile sector, textile, textile machineries
Voltas, a Tata Group Company, has inked a deal for marketing and selling textile equipments produced by Switzerland-based Benninger AG in India, a statement from Voltas said. Marking its presence in the textile industry for over 150 ...
Indian textile and garment industry, a key player in the national economy and the second largest employer of skilled and unskilled workers after agriculture, is on a revival track due to increase in demand of yarns, fabrics and clothing ...
Tags: textile industry, garment industry, Textile
Welspun India Ltd., part of the $ 3.5 billion Welspun Group announced Q3 and 9M FY13 results, showing strong growth in comparison to corresponding period last year. Financial Highlights – Q3 FY13 -Sales grew by 9% largely due to ...
Tags: Welspun India, Welspun Group, Q3