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CHINESE TEXTILE FIRMS
Crude awakening: Chemical companies face margin pressure as oil-linked costs surge amid geopolitical tensionsRising crude oil prices are pressuring chemical sector margins due to increased feedstock and energy costs. Despite this, the Nifty Chemica...
India’s 'China-plus-one' push needs tax ease and fast-track FTAs with developed nations: Arvind VirmaniIndia must reform its tax system and streamline clearances to attract global investments moving away from China. Economist Arvind Virmani e...
War hits Indian factories, but yarn makers spin export boom to ChinaIndian cotton yarn factories are increasing output to meet unprecedented demand from China. Disruptions from the Middle East war have impac...
Tamil Nadu can be a key destination for Taiwan firms to invest, says CII"Given the shared economic and commercial interests between India and Taiwan in several sectors especially in technical textiles, we feel t...
Arvind Envisol to ink joint venture with Chinese textile companyThe company has emerged as one of the major focus areas within the group ever since a demerger last year split the parent into four listed ...
High GST rate may leave small synthetic fibre companies in tattersSince manmade fibres comprise of more than two-third of Indian textiles sector, industry bodies fear of mass closing down of small non-inte...
Chinese investors flock to 'Textile India 2017' road showThe road show titled 'Textile India 2017' was organised to spread awareness amongst Chinese Textile companies about the upcoming mega texti...
Yuan devaluation: Mutual fund managers fear large-scale investor exitFund houses have invested in sectors like steel and textiles, where the domestic companies are competing with Chinese firms.
Bombay Dyeing to sell Ranjangaon unit on a slump-sale basis for Rs 230 croreThe sale of the unit may not have any impact on the company’s existing retail business and its brand — Home & You — Bombay Dyeing.
Chinese investment firm to set up textile park in GujaratThe Gujarat government today said that a Chinese investment firm has signed a deal to set up a textile park near the industrial town of San...
CCI approves Reliance Industries' deal with Chinese company for textile businessThe combination also involves licensing of the 'Georgia Gullini' trademark by Gullini Fashions Private Ltd -- an Indian arm of China-based ...
Falling rubber and oil prices make JK Tyre a smooth ride: G ChokkalingamThe natural rubber prices are still down by about 26% in the last one year and oil prices are also down by about 50% from last year's peak.
Reliance Industries to sell 49% stake in ‘Vimal’ to Chinese company"Our joint venture with Ruyi Group will help Reliance reposition its textile business on a high-growth path," said Nikhil R Meswani, execut...
Why Chinese imports are lucrative for Indian companiesBhel has been under fire from aggressive Chinese firms queueing up to compete for power plant deals even if they face trade barriers like i...
Lakshmi Machine Works opens plant in ChinaThe new plant, which was built with an outlay of $29 million, will be a major boost to its plans to consolidate in both Indian and Chinese ...
Cotton yarn exports in FY14 estimated at $4.70 billionThere is an increasing anxiety in the industry due to recent developments in Chinese cotton policy since China is the major importer of cot...
- Textile buyers set sights on India
With the Chinese textile and apparel sector grappling with high inflation and ascending labour costs, American importers are making a beeli...