Two diverse opinions have emerged from textile companies in Pakistan, Bangladesh and India as to whether profits margins of the textile industry have been hit in the last few months. While on one hand two major textile producers in ...
National Cotton Council economists say cotton’s 2013 outlook will be influenced by China’s policy decisions and continued competition from man-made fiber (MMF). Dr. Gary Adams, the NCC’s vice president Economics & Policy ...
Tags: NCC, China, Policy, 2013 Cotton Outlook
Gildan Activewear Inc., Montreal, has finalized the acquisition of CanAm Yarns LLC — its 50-percent-owned yarn-spinning joint venture with Frontier Spinning Mills Inc., Sanford, N.C. — and is investing approximately $85 million ...
Tags: Gildan Activewear, acquisition, CanAm Yarns
Pakistan textile sector has lost around US$ 1billion worth of export orders during the last few months due to the shortage in supply of power and energy to the textile industries in Pakistan’s Punjab region. Mr. Ahsan Bashir, ...
India Ratings’ outlook for cotton textiles remains negative to stable for 2013 on account of subdued demand, although margins are expected to benefit from softening raw material prices. The outlook for synthetic textiles remains ...
Tags: cotton textile, cotton, textiles, cotton prices
There will be a very healthy competition for attracting investment in the textile sector between the western Indian state of Gujarat and the central state of Madhya Pradesh (MP), according to an expert. “The Government of Gujarat ...
Tags: Gujarat, MP, investment, textile sector
Montreal-based branded basic apparel manufacturer Gildan Activewear Inc. has finalized the acquisition of CanAm Yarns LLC (CanAm) — its 50-percent-owned yarn-spinning joint venture (JV) with Frontier Spinning Mills Inc., Sanford, N.C. ...
SteelGuru, the leading website for steel, metal and mining industry with 150,000 page views per day and 75,000 plus registered users for its E mail based news letter Steel Trade Today, has added yet another value added service for its ...
Tags: steel, metal, mining industry, SteelGuru
Cotton Corporation of India (CCI) has started procurement of Kappas from Madhya Pradesh, Orissa and Karnataka in addition to Andhra Pradesh where they have already procured approximately 7 lakh bales of 170 kgs bls. As per reports, they ...
Tags: CCI, India, Cotton Bales, Cotton
Ahmedabad Textile Industry Research Association (ATIRA) – Ahmedabad will play host to the 54th Joint Technological Conference (JTC) at the ATIRA premises in Ahmedabad on January 9, 2013. In to its 54th year, previous JTC's have been ...
Tags: ATIRA, JTC, platform, NITRA, threadbare discussions
Tamil Nadu textile industry,accounting 1/3rd of the country's textile business,employing over 50 lakh people,accounting 47.5%of the spinning capacity and the hub for global textile business has been seriously suffering owing to ...
Tags: textile industry, power shortage, Tamil Nadu, power crisis
Overall, capacity utilization of spinning mills and margins continued to be stable and on a profitable level. However, downstream buying behaviour remained volatile. Financing for projects is becoming increasingly difficult, especially in ...
Tags: spinning mills, raw material prices, textile market, textile industry
Amid the ongoing problem of frequent power cuts,Southern India Mills Association(SIMA)members are still indecisive about the shifting of textile spinning mills to other states,especially the western states of Gujarat and Maharashtra.Mr.K ...
Tags: SIMA, frequent power cuts, textile, investment
According to International Cotton Advisory Committee's(ICAC)general outlook for cotton supply and use for 2012/13 is bleak:global cotton production and mill use are forecast at 25.9 million tons and 23.4 million tons respectively,resulting ...
Tags: cotton, International Cotton Advisory Committee, lobal cotton production
National Council of Textile Organizations(NCTO)Executive Committee Member and CEO of Frontier Spinning Mills,John Bakane was recently appointed to serve as the U.S.textile industry representative on the Export-Import Bank(Ex-Im Bank or ...
Tags: NCTO, textile industry