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Spinning sector needs urgent policy support: Texprocil, India
Stating that declining exports of cotton textiles, particularly yarn and fabric, is a matter of deep concern, The Cotton Textiles Export Promotion Council (Texprocil) has said that spinning and
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
Export textiles to countries other than US, EU: Prabhu, India
The Union minister of commerce & industry and civil aviation, Suresh Prabhu, has urged the textile industry to export products to countries other than the US and EU. For this, the government of India
Intex South Asia inaugurated in Colombo, Sri Lanka
High Commissioner of India to Sri Lanka Taranjit Singh Sandhu inaugurated the 4th edition of Intex South Asia, the largest international textile sourcing show in South Asia, in Colombo on November 14.
Indian textile ministry opposes ADD on imported nylon yarn, India
The Indian textile ministry has opposed the final findings of the Directorate General of Trade Remedies recommending the imposition of anti-dumping duty on nylon multifilament yarn. In a letter to the
Bangladesh BTMA again calls for ADD on Indian yarn imports, Bangladesh
The Bangladesh Textile Mills Association has once again urged the government to impose anti-dumping duty on cheap Indian yarn to save the domestic industry. Because of the pandemic, hundreds of mills
Domestic demand & export market to drive Indian economy, India
The growth of Indian economy will be driven by strong domestic demand and increased focus on export markets in future, according to a survey conducted by FICCI and PwC jointly. The survey sought views
India's cotton yarn exports to fall to a decade low: ICRA, India
Cotton yarn exports from India are estimated to fall by 18-20 per cent to nearly a decade low level of 750 million kg in FY21, closer to the level of exports last seen in FY12, following an estimated
Indian leather exporters gain from US-PRC trade war: CLE, India
The US-China trade war offers huge opportunities to Indian leather exporters to raise shipments to the United States, according to the Council for Leather Exports (CLE), whose chairman P R Aqeel Ahmed
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