India-based textile conglomerate SEL Manufacturing Company has clocked a remarkable 73.92 per cent growth in its consolidated net profit at Rs 54.93 crore for the six month ended September 30, 2013, driven by sustained operational ...
Rai Saheb Rekhchand Mohota Spinning & Weaving Mills Ltd swung to profit in the quarter and half-year ended September 2013 on back of robust yarn demand from China and better sales realizations with sharp depreciation in rupee against US ...
Tags: RSR Mohota, Textile
Damodar Industries witnessed a 50 per cent growth in net sales during quarter ended September 2013, driven by robust export revenues amidst increased demand for the value-added yarn from China and rupee’s depreciation against the US ...
In the week ending January 11, 2014, farmers and ginners in India held to their cotton without any fear of downtrend, says a weekly report on cotton market trends released by S. Ajay Kumar & Company. During the week, cotton market ...
Tags: Cotton Farmers, cotton market
Even as the Pakistan’s textile industry is upbeat after receiving GSP Plus status from European Union, there are some firms like Shadab Textile Mills which are expecting an extended period of low profitability due to depressed local ...
Tags: textile industry, Shadab Textile
Denim Club India has rescheduled the third edition of InDIGO, Asia’s one and only comprehensive denim B2B event which was scheduled to be held from 15th January, 2014 to 17 January, 2014. The event will now be held on 24-25-26 April, ...
Tags: Apparel, Denim Club India
The year 2013 was a blessing for Pakistan’s textile industry, especially for the spinners. The country’s spinners made the most out of their competitiveness over India, courtesy good production of short staple fibre. Din Textile ...
Tags: Din Textiles, textile industry
Till date nearly 1 crore bales have arrived in the market and approximately 2.75 crore bales are yet to arrive in the Indian market. Mills and exporters are cautiously procuring cotton considering the financial tightness in the market. ...
Tags: Cotton Buying, Rupee Depreciation
For the most part of 2012 and 2013 the textile sector was besieged by twin impacts of slowing domestic consumption and slowdown in export demand. However recent pick up in export demand is expected to improve the fortunes of textile ...
Tags: Textile Exports, US market
Not content with boring black boxes that light up, tech-savvy airfy announces a new way to access WiFi easily, securely and stylishly with the airfy router, the world's first smart WiFi hotspot. The trendsetting company has just launched an ...
The Federal Government of Pakistan’s decision to ensure gas supply of 100 million cubic feet per day (mmcfd) to the textile industry in Punjab would ensure continuation of work for around 3 million textile workers, said All Pakistan ...
Tags: Gas Supply, Textile
Indian textile industry is confident of achieving good growth and exports to cross US$ 40 billion in the current fiscal, said Confederation of Indian Textile Industry (CITI) chairman Prem Malik, during the eighth edition of the textiles ...
Tags: Textile Exports, textile industry
Welspun India Ltd (WIL), the leading home textiles maker, has been spinning robust margins and profits on back of rupee's depreciation against US dollar, coupled with advantage of cheaper Indian cotton over key competitors like China and ...
Oil demand growth in the US this year is likely to exceed that of China's for the first time since the 1990s, skewing overall global demand in favor of developed markets, investment bank Goldman Sachs said in a new report released Friday. ...
Tags: US, China, oil demand
India’s leading textile brand Raymond plans to return its sights to growth and higher profitability in the coming quarters by improving operational efficiencies and strengthen its branded textile business which constitutes nearly half ...