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Textile bodies appeal for status quo on energy policies in TN
October 2019
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.
Indonesia launches safeguard probe on 3 textile items
September 2019
Indonesia recently notified the WTO Committee on Safeguards that it initiated on September 18 three safeguard investigations—the first on fabrics; the second on yarn; and the third on curtains, interior blinds, bed valances and other furnishing items.
Spinners woes continues
September 2019
Declining yarn exports has put the Indian textile industry in a crisis mode. Is this crisis a short or long term? A telephone conversation between two Indian textile industry professionals painted a clear picture.
Textile bodies appeal for status quo on energy policies in TN
September 2019
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.
Kasam to set up Rs 100-cr textile unit in Warangal
September 2019
Kasam Industries will be setting up Rs 100 crore textile manufacturing unit at Kakatiya Mega Textile Park in Warangal. The unit, which will comprise of spinning and yarn mills, may also have a dyeing unit.
Maangalya plans textile unit
September 2019
Maangalya Shopping Malls has announced the opening of its seventh store at Kukatpally in Hyderabad and set up a textile unit in the Textile Park near Hyderabad.
Textile Minister gets new OSD
September 2019
Shah Devanshi Viren was recently appointed as officer on special duty to Indian textiles ministers Smriti Irani for five years.
Gujarat tops on logistics performance index
September 2019
As an indicator of the efficiency of logistical services necessary for promoting exports and economic growth, Gujarat has been ranked the topmost performer on the logistics index chart among 22 States.
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