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INDIAN TEXPRENEURS FEDERATION
Textile entrepreneurs hope for better stability with reduction in freight charges, cotton pricesParticipating in an interactive session here, around 120 managing directors of spinning mills discussed various issues including cotton pri...- Authentic data, removal of import duty on cotton needed for textile sector: SurveyITF said the textile and apparel sector in the country is facing turbulence due to historic high cotton prices combined with demand contrac...
- Market situation for textiles recovering, say texpreneursThe federation has advised and cautioned its members to scale-up production only after analysing the demand.
- India can exploit US-China trade war, say texpreneursWith the global export of textiles pegged at USD 260-billion, the export from China to US has gone down by three to four per cent in the la...
- Increasing Bangladesh imports worry Tamil Nadu textile firmsThe companies are worried because the increasing imports of readymade garments are hurting them in the local market even as they grapple wi...
- Budget 2018: Lukewarm response to textile packagePrabhu Damodharan, Secretary for Indian Texpreneurs Federation, said there are still funds pending to roll into the industry under the tech...
- Spinners asked to reduce yarn production by 35 percent for 2 monthsDue to demand and supply imbalance, yarn prices were down and with current cotton and yarn prices, standalone spinning mills were facing se...
- TN Texpreneurs want a New Policy YarnSeek improved infrastructure and strengthening of weaving and processing.
- Textile body hails revision of job work ratesIn a statement, ITF secratary, Prabhu Dhamodharan said that for the past one week, all associations from here were requesting and represent...
- India can outperform China in coming years in home textile marketFor the past few years, Made-Ups exports was in uptrend on year on year basis particularly India's share in USA market increasing steadily ...
- Textile body seeks reforms in Cotton Corporation IndiaStating that many in the industry strongly believed that CCI selling cotton to traders was also leading to speculation of prices and availa...
- Cotton turns too costly here, Tamil Nadu banks on importsTamil Nadu's spinning mills, buying cotton primarily from other states like Gujarat and Maharashtra, are signing contracts with shippers fo...
- Clean energy: Tamil Nadu spinning mills turn to rooftop solar farmsLooking for safer development models in renewable energy, spinning mills in Coimbatore and Tirupur have begun hunting for investors to fund...
- Textile association welcomes Amended TUF schemeIndian Texpreneurs Federation thanked the Centre for coming out with the Amended Technology Upgradation Fund (TUF) Scheme of Rs 17,822 cror...
- Shares of textiles companies in demand, jump up to 9% on govt moveShares of textiles companies ended the day with gains up to 9 per cent after the government yesterday announced interest subsidy scheme for...
- Indian Texpreneurs Federation hails commerce ministry's MEIS announcementIndian Texpreneurs Federation welcomed the commerce ministry's announcement amending the MEIS, saying the move would help ease some pressur...
- Textile body urge government to remove hank yarn obligationIndian Texpreneurs Federation, an apex body of the textile industry in the region has suggested the Centre to remove the hank yarn obligati...
- Spinners appeal to announce interest subvention schemeIn a letter to Nirmala Seetharaman, ITF Secretary Prabu Damodaran said most of the small and medium sized mills were expected to make losse...
- Synthetic yarn manufacturers to cut down productionA decision to this effect was taken at a meeting of managing directors of nearly 90 mills producing such yarns, under Indian Texpreneurs Fe...
- Textile ministry considers duty cut as Indian garment sector loses out due to heavy fibre dutyThe textile ministry is in consultation with the finance and revenue departments to examine the possibility of a duty cut on man-made fibre.
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