Search Result For
Result(s) found: 5
|
Recovery for spinners picks up
Indian spinners are likely to see a gradual performance recovery beginning 2017-18 last quarter after facing multiple problems over the last several quarters that resulted in their profitability touching six-year lows in the previous two quarters, according to a report by credit rating agency ICRA. Cotton yarn demand is also expected to gather strength.
|
Exporters WALKING a tightrope!
India’s textile exporters are finding their competitive edge getting blunt and profit margin thinner, thanks to a weak dollar, demonetisation after-effect and stiff competition from new textile nations. An Exclusive ITJ Report.
Exporters WALKING A Tightrope, Persistence Market Research, GV Aras, Director Of A.T.E. Group, Global Textile Trade Post WTO Era, GST Has Brought Its Own Confusion, Gautam Nair, Chairman Of Matrix Clothing, Jayanta Roy, Senior Vice President And Group Head, Corporate Sector Ratings, ICRA, FY2017
|
Will GST rate at 12% hit textile industry?
ICRA, an Indian independent and professional investment information and credit rating agency, opines that a 12 per cent (lower rate) recommended by the Dr Arvind Subramanian Committee will have a negative impact on the textile sector, especially the cotton value chain, which is currently attracting zero central excise duty (under optional route); unlike the man-made fibre sector, where the fibre attracts excise duty at the manufacturing stage (unlike cotton).
|
Techtextil India meet stirs more interest in tech textiles
The two-day Techtextil Symposium held recently in Mumbai´s The Lalit Hotel had an impressive line of presentations on the various aspects of technical textiles. Michael Janecke, Director (Brand Management)
Techtextil Symposium, Mumbai, Lalit Hotel, Michael Janecke, Messe Frankfurt, Textiles, Hendrik H Van Delden, Gherzi Van Delden Gmbh, NCF, Wovens, RTM, Pierre Wiertz, EDANA, Wiertz, CARG
|