Close to 100 textile mills that make synthetic yarn in Tamil Nadu stopped production on Saturday (July 18), as part of the decision taken at a meeting of the synthetic spinners group of Indian Texpreneurs Federation (ITF) in Coimbatore last ...
Tags: textile manufacture, yarn, synthetic yarn, synthetic spinners
Following on the 2012/2013 investment program and the resulting enhancement of its global presence, Rieter is setting new priorities in the implementation of its strategy, among which includes growing faster than the market. Rieter said ...
Knitwear exports from the south Indian textile hub of Tirupur registered revenue of Rs. 10,050 crores in the first six months of the ongoing fiscal year 2014-15, growing at 16 percent compared to exports of Rs. 8,650 crores during the ...
Tags: Tirupur Knitwear Exports, Foreign Trade Policy, Apparel
Knitwear exports from the south Indian textile hub of Tirupur registered revenue of Rs. 10,050 crores in the first six months of the ongoing fiscal year 2014-15, growing at 16 percent compared to exports of Rs. 8,650 crores during the ...
Tags: Tirupur Knitwear Exports, Apparel
Despite a 16.26 percent revenue hike in the second quarter of fiscal 2014-15, impacted by higher depreciation and amortisation costs, net profit at Vardhman Textiles Ltd sank 48.4 percent, year-on-year. The vertically integrated Indian ...
Tags: cotton prices, yarn prices, Textile
Trident Limited, the flagship company of US$ 1 billion Indian business conglomerate—The Trident Group, has inaugurated the world’s largest terry towel plant and also laid the foundation stone of its Composite Textile project in ...
Tags: Trident Limited, Terry Towel Plant, Textile
Indian textile sector margins are expected to normalize in the first half of the current fiscal year (2014-15), says a research report released by Anand Rathi, which is a full service financial services firm with headquarters in Mumbai. ...
A study conducted by The Cotton Textiles Export Promotion Council, (Texprocil) has revealed that India's cotton yarns exports are meeting their targets barring the seasonal fluctuations generally witnessed every April and inspite of high ...
Tags: Cotton Yarn, Cotton Yarn Exports
The exports of cotton yarn from India in fiscal year 2013-14 are likely to be around 1.35 billion kg worth US$ 4.7 billion, according to a study by the Cotton Textiles Export Promotion Council of India (Texprocil), reports Business Standard ...
Tags: Cotton Yarn, Cotton Yarn Exports
There is uneasiness that, following the release of China’s cotton policy, there will be pressure from Chinese buyers on Indian spinners to further reduce prices. In recent months, Chinese buyers have already lowered yarn buying ...
The predominantly cotton based Indian textile industry, particularly Tamil Nadu textile industry which accounts for 47.5% of the spinning capacity, has been facing several challenges during the last five years on raw material front, ...
Tags: Cotton Prices, Spinners
The Cabinet Committee on Economic Affairs (CCEA) has approved the continuation of the Mill Gate Price Scheme (MGPS), along with 10 percent subsidy component with modifications. The scheme is now renamed as the Yarn Supply Scheme (YSS). ...
Tags: yarn prices, Textile
The year 2013-14 was difficult for fabric manufacturing industry as it faced problems on several fronts such as continued inflationary pressures, firming of yarn prices and persistent slowdown in global textile industry. The current ...
Tags: fabric industry, Textile
Pakistan-based Kohinoor Mills has been intensifying its marketing efforts while focusing on costs rationalization these days, courtesy increased competition from China and other emerging markets which is weighing upon its flagship dyeing ...
Tags: Kohinoor Mills, Textile
Indian polyester yarn makers witnessed a sharp drop in their bottom-line during second quarter ended September 2013, hit by rise in prices of raw materials such as Purified Terephthalic Acid (PTA) and Monoethylene Glycol (MEG), which the ...
Tags: polyester yarn, High Raw Material