Cotton Yarn Prices Crash In South Indian Markets As Demand Dries Up

Cotton Yarn Prices Crash In South Indian Markets As Demand Dries Up

February 28, 2022

Feb 26, 2022 Cotton yarn prices crashed today in south India as demand from both domestic and exports markets dried up because buyers were not keen on taking any risk in view of the looming uncertainty of geo-political developments after Russian attack on Ukraine. Buyers preferred to adopt a...Read More

Bengaluru-based textiles giant Texport to set up facility in Sircilla Apparel Park

Bengaluru-based textiles giant Texport to set up facility in Sircilla Apparel Park

February 28, 2022

Industries Minister KT Rama Rao with representatives of Texport in Hyderabad on Friday. BY TELANGANA TODAY | UPDATED ON - 01:01 AM, SAT - 26 FEBRUARY 22 Hyderabad: In a development that will give impetus to the textile industry in the State, Bengaluru-based readymade textiles...Read More

Teijin unveils advanced spread-tow carbon fiber woven fabric

Teijin unveils advanced spread-tow carbon fiber woven fabric

February 25, 2022

Properties of Teijin’s new spread-tow carbon fiber. Tokyo, Japan, February 17, 2022. Teijin Limited announced today that it has launched a lightweight, strong and cost-effective carbon fiber woven fabric developed with the company’s proprietary tow-spreading technology. The...Read More

Garment exports expected to top $20 billion next fiscal year or year after

Garment exports expected to top $20 billion next fiscal year or year after

February 25, 2022

By Patrick Huston | 2022-02-22 According to Shri Upendra Prasad Singh, Secretary, Ministry of Textiles, the Indian garment industry must focus on vertical integration in order to grow up and profit from the Production Linked Incentive (PLI) plan. Shri Singh, speaking at the...Read More

Correcting inverted duty structure: GST Council likely to revisit plan to hike rate for textiles

Correcting inverted duty structure: GST Council likely to revisit plan to hike rate for textiles

February 23, 2022

Finance minister Nirmala Sitharaman. (File photo: PTI) At present, the rate on manmade fibre, yarn and fabrics is 18%, 12% and 5%, respectively Written by FE Bureau | February 22, 2022 7:54:01 am Even though the Goods and Services Tax (GST) Council had to drop a plan to hike the GST...Read More

Koshiro Kudo to become new President of Asahi Kasei

Koshiro Kudo to become new President of Asahi Kasei

February 23, 2022

Düsseldorf, February 22, 2022 – Asahi Kasei announced at the end of January 2022 a change in the company's management. As of April 2022, Koshiro Kudo will assume the role of President & Representative Director. The current President Hideki Kobori will become Chairman of Asahi...Read More

Waterless dyeing go-ahead for adidas

Waterless dyeing go-ahead for adidas

February 22, 2022

New plants in Indonesia and Vietnam as sports giant integrates technology into its supply chain at scale. NTX has announced the production-readiness of its NTX Cooltrans waterless dyeing technology and a first major customer in adidas. NTX Cooltrans merges innovations in chemistry and...Read More

Sectors like textiles, handloom, jewellery will benefit from India-UAE CEPA: Piyush Goyal

Sectors like textiles, handloom, jewellery will benefit from India-UAE CEPA: Piyush Goyal

February 21, 2022

Union Minister of Commerce and Industry Piyush Goyal speaking with ANI.  ANI | Updated: Feb 18, 2022 23:17 IST New Delhi [India], February 18 (ANI): Union Minister of Commerce and Industry Piyush Goyal (/topic/piyush-goyal) on Friday said that sectors such as textiles...Read More

Spinning success: One-third of India’s textile business is in Tamil Nadu

Spinning success: One-third of India’s textile business is in Tamil Nadu

February 18, 2022

Photo courtesy: tn.gov.in ‘Policies of successive governments have sustained the industry’ By M. Soundariya Preetha COIMBATORE FEBRUARY 11, 2022 01:30 IST | UPDATED: FEBRUARY 11, 2022 01:30 IST From saris and dhotis to bedspreads and kitchen towels,...Read More

Pandemic threatened ‘very economic fabric of the European Union’ – Donohoe

Pandemic threatened ‘very economic fabric of the European Union’ – Donohoe

February 15, 2022

The coronavirus pandemic threatened the “very economic fabric of the European Union”, Finance Minister Paschal Donohoe has said (PA) (PA Media) By James Ward | Monday 07, 2022. The Finance Minister praised the EU’s handling of the issue and said the same spirit is...Read More

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