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PRABHU DAMODHARAN SECRETARY
Tamil Nadu textile belt output down as migrants return home to voteThe drop accentuates a prevailing shortage in labour, a perennial condition in the western cluster.- Tamil Nadu textile entrepreneurs turn to local market for growthIn the absence of free trade agreements or similar arrangements enjoyed by competing nations, Indian entrepreneurs have begun to look at th...
- 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...
- TN Texpreneurs want a New Policy YarnSeek improved infrastructure and strengthening of weaving and processing.
- Small business owners feel jittery over GSTSome industries like sugar have made little efforts for the transition due to uncertainty on tax on sugarcane. Sugar producers are unclear ...
- Tiruppur textile firms hope to spin Rs 1 L-crore business with fresh weaveTotal business, including exports and imports done by Tiruppur, in the fiscal gone by was around Rs 36,000 crore.
- High cotton prices spin trouble for small yarn makers in Tamil NaduCotton prices had zoomed close to Rs 50,000 a candy over the last few months after reports of short supply coupled with frenzied speculatio...
- 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...
- Tamil Nadu textile companies now look to conserve airIn weaving machines of this day, compressed air ejected from fine nozzles moves weaved threads from one end of the machine to another, a pr...
- Tamil Nadu yarn companies see Gujarat in a shade, turn to Africa for cottonThe Southern India Mills' Association has sent a letter to the Gujarat government urging action against ginners.
- Textile mills in Tamil Nadu are replacing heavy plasticmade spindle tubes with 12-gram carbon tubesThis power saver is another effort to improve profits after a good number of enterprises moved to LEDs a few months ago to cut lighting cos...
- Textile entrepreneurs eye China, Russia as dollar dream soursFor Indian entrepreneurs, China appears to have unfurled a currency expressway into the global exports market, leveraging their giant capac...
- Tirupur yarn spinners pilot app to beat price volatilityEntrepreneurs in the southern hub have faced acute losses recently as their supplies of polyester and cotton yarn failed to find purchasers.
- 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.
- Shipping ministry to "examine" relaxation of old cabotage laws, says Pon RadhakrishnanRadhakrishnan said the ministry will “examine” the possibility of relaxing the cabotage law in a way that does not affect existing sharehol...
- NTPC looks to partner with Tamil Nadu's spinning mills to create 100 mw of solar powerNTPC obtained the approval from a Cabinet meeting chaired by PM Modi in late February to build 15,000 mw of grid-connected solar capacity.
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