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Viscose yarn imports jump hurting local spinners: ITF, India
There is a huge jump in imports of viscose yarn compared to the previous year, which is hurting domestic yarn manufacturing spinning mills, according to the Indian Texpreneurs Federation (ITF). This
Indian cotton sector losing with tariff issues: CITI, India
India’s cotton yarn and fabric exports are struggling because of the duty disadvantage faced by the Indian exporters in major markets, pointed out the Confederation of Indian Textile Industry (CITI).
Margin of Indian cotton yarn spinners likely to shrink, India
Operating margin of Indian cotton yarn spinners is expected to shrink by 200-400 basis points (bps) on-year in fiscal 2020 owing to a narrowed spread between cotton and yarn prices as compared to last
Indian cotton spinning sector recovers from slowdown: ICRA, India
Indian spinners expect that the overall performance for fiscal 2019-20 will be weighed down by the tepid volumes and weak earnings seen in the first half of the fiscal. This is the likely scenario
India blames US-China trade war for cotton sector slowdown, India
Attributing the Indian cotton yarn sector slowdown to the US-China trade war, textiles minister Smriti Irani recently assured stakeholders of finding a solution to the problem. She was addressing
Indian cotton yarn margins may shrink 100-150 bps: CRISIL, India
The operating margins of Indian cotton yarn spinners may shrink by 100-150 basis points (bps) in fiscal 2019-20 owing to lower cotton output, rising cotton prices and moderating demand, reversing the
Restore MEIS & IES benefits for cotton yarn: CITI to govt, India
The Confederation of Indian Textile Industry (CITI) has urged the Central government to immediately restore Merchandise Exports from India Scheme (MEIS) and Interest Equalisation Scheme (IES) benefits
End backdoor entry of Chinese textiles into India: CITI, India
The Indian textiles industry wants tweaking of the South Asian Free Trade Area rules of origin to make use of yarn and fabrics of Indian origin mandatory for exporting apparel to India, according to
Indian team finds way to cut water use in textile industry, India
Researchers at the department of chemistry in Calicut University in the state of Kerala have come up with a new approach to ‘size’ and ‘desize’ cotton and polyester yarns through a dry process using
PerPETual to treble Indian plant capacity to 30,000 tonnes, India
Singapore-based PerPETual Global Technologies, which manufactures esters from post-consumer polyethylene terephthalate bottles, will expand its annual production capacity at its plant in Nashik,
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