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India’s textile policy seeks focus on handicraft
March 2017
The new textiles policy will focus on a three-pronged approach to boost the growth of Indian handicraft sector, which is facing tough competition from international players.
ContiTech opens new plant for coated fabrics
March 2017
The opening of ContiTech’s new facility for coated fabrics marks a special milestone in the company’s history in China. It is the first international production site for elastomer coatings outside Germany.
Basant Wire-Stewart extend partnership
March 2017
Stewarts of America Inc and Jaipur-based Basant Wire Industries (Pvt) Ltd have announced longstanding partnership, which has now resulted in an agreement whereby Stewarts of America Inc has provided all intellectual property, manufacturing know-how and machinery for the production of open-end spinning components.
Saree out of excise duty ambit
March 2017
Textile traders in the country’s largest man-made fabric (MMF) wholesale market in Surat are upbeat following the decision of the Central Board of Excise and Customs (CBEC) to keep saree out of the ambit of made-ups.
Mills import cotton as prices surge
March 2017
Textile mills have started to import cotton from West Africa and the US as the landed costs are on par with the prevailing market price in the country.
NITRA embraces green power
March 2017
Today solar energy has established itself as one of the most non-conventional energy resources to steadily replace conventional energy sources such as the hydro electricity and thermal power, as the production of conventional energy is not likely to meet the future electricity demand of the world.
SIMA urges to remove cess on cotton
March 2017
The Southern India Mills Association (SIMA) has urged Edapadi Palaniswami, the Chief minister of Tamil Nadu to remove 1 per cent Agricultural Market Committee Cess on cotton and cotton waste for the state budget of 2017-18.
KSIC setting up 2nd silk unit in Mysuru
March 2017
In order to meet the growing demand, the Karnataka Silk Industries Corporation (KSIC) is setting up a second integrated silk weaving unit in Mysuru at a cost of Rs 24 crore, which will begin operations by July 2017.
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