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Latest Articles in Textiles
India's Ambitious Plan To Help Small Businesses Does Little To Save Them
Small businesses that account for nearly one-quarter of India’s $2.9 trillion economy and employ more than 500 million workers are the worst affected by the pandemic.
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COVID-19: Coimbatore Based Textile Company Develops Anti-Viral Fabric
Using the technology, the product is being used to manufacture a range of N95 masks at an affordable price. N95 masks are claimed to have 10 wash cycles.
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Textile Market In Surat Facing Shortage Of Labour, Urge Govt To Relax Quarantine Norms
Labourers are not coming as they have to live in 14 days prescribed quarantine, and there is no system available to facilitate the quarantine of such people.
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Impact Of COVID-19 On The Indian Apparel & Textile Industry
The Indian economy has been hit hard by COVID-19. Due to the countrywide lockdown various transport facilities including trains and flights are suspended
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Garment Exporter Bangladesh Faces $6 Billion Hit As Top Retailers Cancel
Garment exports accounted for $34.12 billion, or 84% of the country's overall exports of $40.53 billion, in the fiscal year ended June 30, 2019.
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Raymond's CEO For Lifestyle Business Steps Down, Stock Down By 4.3%
Raymond Group announced the demerger recently and has already initiated the process of completing formalities for listing the new lifestyle entity Raymond Lifestyle Ltd.
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CCEA Approves Creation Of National Technical Textiles Mission
The Indian technical textiles segment is estimated at 16 billion dollars which is six per cent of 250 billion dollar global technical textiles market.
Read MoreMargins To Improve For Cotton Textiles But Volatile For Man-Made Fibres: Ind-Ra
Ind-Ra said crude oil prices could remain volatile in the short-run owing to geopolitical tensions and production cuts by OPEC, which impacts the man-made textile margins.
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Raymond Reports 12% Growth In Q3 Revenue Amid Sluggish Domestic Consumption
Raymond is India's largest integrated worsted suiting manufacturer that offers end-to-end solutions for fabrics and garmenting.
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Textile Is The Silent Tiger Which Doesn’t Roar, But Can Lead The Way: Smriti Irani, Textiles Minister
Textile production in India contributes 4 per cent of GDP and 15 per cent of exports and is one of the largest generators of employment, yet Indian textiles lack export competitiveness
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Monsanto To Sell Its Cotton Seed Brand To India's Tierra Agrotech
The sale comes as Monsanto fights a former licensee in India in a bitter dispute that has drawn in both the Indian and US governments, while it is also the subject of a $66 billion takeover by Germany's Bayer
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Tamil Nadu Has Largest Number Of Textile Mills And Most Closed In A Year
Apart from Tamil Nadu, the numbers of operational mills in Maharashtra also declined by 85 while those in the state of Uttar Pradesh declined by 60
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Rs 6,000 Crore Worth Of Subsidy For Handloom Sector: Minister
In order to encourage the setting up of solar power handloom units, the government provides a subsidy of 90 per cent to scheduled tribe weavers
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CBEC Provides Textile Industry With Solutions
As per the rate schedule, all goods of sale value not exceeding Rs.1000 per piece would be taxed at 5 per cent
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Government Proposes Welfare Schemes For Textile Workers
Interest subvention scheme introduced under which interest subvention of 6% is provided to handicraft workers, with a limit of one lakh rupees for three years
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