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INDIAN COTTON TOWELS
Cotton duty or competitiveness? The bigger challenge facing India’s $190 billion textile industryThe government’s temporary import duty relief may ease pressure on mills and exporters, but industry experts say deeper problems in product...- Textile sector: Time for a relook as tariff tantrum may soon be history? 5 textile stocks with upside potential of up to 27%The Indian textile and apparel sector has had a stressful year. The US tariffs disrupted orders to the sector’s largest market, squeezed ma...
- Record rupee fall puts corporate India under greater investor scrutinyThe rupee’s sharp depreciation, down about 10% against the dollar in the past year, has become a key concern during corporate earnings call...
- From Thorthu to Gamcha: How desi towels are weaving their way back into modern homesTraditional Indian towels, like Kerala's thorthu and Bihar's gamcha, are experiencing a resurgence. These utilitarian textiles, rich in cul...
- Home textile industry loses market share to China, Pakistan as high cotton prices pinchTrouble for the industry, the report says, stems from the fact that raw cotton prices in India increased YoY and are currently at par with ...
- India is in a cosy place in terry towel exports. But neighbours are competing for the spotThe country’s leadership in the cotton terry towel market can face a challenge unless the government makes some policy changes, ease export...
- Withdraw customs duty and agri cess on cotton: SIMA appeals Finance MinisterAt present, import of cotton attracts a 5 per cent basic customs duty and another 5 per cent AIDC.
- How Welspun India is emerging from a crisis that rocked its credibilityOn August 19, 2016, it felt like the rug had been pulled from under the feet of Welspun India.
- The reason why Railways may have replaced face towels with cheap napkinsJust recently Railways has also decided to wash blankets of AC coaches twice a month instead of existing practice of once in two months.
- Walmart reviews Welspun records after Target pulls sheetsThe stock fell by the daily limit of 20 per cent for a second day, the biggest two-day tumble since 1999.
- Welspun to launch innovative home textiles with patented technologyAlthough HygroCotton products were launched in the United States by Welspun about four years ago, the company recently introduced these to ...
- Ethnic is in: IIT-Bombay chooses khadi as convocation robeThe institute, has placed an order for 3,500 robes made of khadi cotton, inculcating the feeling of nationalism in students.
- KVIC to supply 23,500 silk jackets worth Rs 5.34 crore to NTPCThe power major has placed an order for worth Rs5.34 crores of 23,000 sleeveless jackets for its employees.
- Welspun eyes 150% jump in textiles sales at $2.5 billion by 2020Welspun, India's largest home textiles manufacturer, has set a target of more than doubling its revenue to $ 2.5 billion by 2020.
- China’s huge yarn demand cheers local spinning millsBeijing is now focussing on high-value products instead of spinning yarn, opening up a huge window for Indian suppliers of the raw material.
- Welspun expects growth in domestic revenuesWelspunIndia Ltd (WIL) is looking at raising revenues from the domestic market to 20%, from the current 5%, by 2020.
- Yarn maker Trident weaves profits on spiralling pricesSmall-sized textile companies - primarily into manufacturing of yarn - have been doing brisk business in recent months.
- Textile, apparel exporters wary of volatile raw material pricesApparel and textile exporters, who ship products worth more than $20 billion every year, are reluctant to take on new orders from overseas ...
- Sharadha Terry’s micro cotton brand plans desi foray after circling the worldSharadha Terry products, part of Coimbatore-based KG group plans to tap the domestic market for its luxury Micro Cotton brand of fine towel...
- 'Export of cotton needs to be banned'Neeraj Saluja, MD, SEL Manufacturing discusses with ET about the industry prospects.
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