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Acimit upbeat on export to PERU
Expotextil, the fair for the textile and garment sector in Peru, will be held from 24 to 27 October in Lima. At Expotextil there will also be a large representation of Italian textile machinery manufacturers.
SIMA elects Ashwin Chandran as Chairman
The 60th Annual General Meeting of The Southern India Mills’ Association (SIMA) was held on September 9, 2019 at The Residency, Coimbatore.
Textile bodies appeal for status quo on energy policies in TN
Tamil Nadu textile industry that accounts for one-third of the textile business, 47 per cent of the spinning capacity providing direct jobs to over 60 lakh people especially to rural masses and women folk and fetching Rs 60,000 crore as forex earnings, is the worst affected in the country under the current unprecedented recession due to raw material / finished goods transport cost and several other factors.
Cotton & MMF outlook-2020
World cotton production is projected to be lower than its consumption for the fourth year in row. This has marginally supported the cotton prices in CS19 despite the subdued demand.
Stilts for Sagging Fortune?
Governments usually go by the diction, ‘better late than never.’ The recent instance is when the Finance Minister Nirmala Sitharaman announced six steps to boost exports including the new Reimbursement of Taxes and Duties for Export Promotion (RoDTEP) scheme on export duties,etc.
Liverpool meet to dig for clarity on cotton
Joe Nicosia (Global Platform Head of Cotton at Louis Dreyfus Company), will make his return to the International Cotton Association’s (ICA) stage at its upcoming Liverpool 2019 Trade Event, which takes place this October.
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