Vardhman resumes operations amid adherence to Covid-19 protocolThe Group had resumed production of Yarn in the second week of April and currently operating at about 40-45% of the production capacity whi...
Vardhman Group extends financial aid of Rs 7.5 crore to fight COVID-19The financial assistance to Punjab includes Rs 50 lakh paid directly to the Chief Minister’s Relief Fund and another Rs 50 lakh for the cri...
Chinese policy causes a 25% fall in India's April cotton exportsThough the demand of cotton yarn in domestic market is showing some recovery but the textile mills say that the robust growth is yet to be ...
Cotton yarn exports likely to drop by 20% in the current fiscalExports may drop by 20% following the UPA govt's decision to remove the exports benefits under FMS on cotton yarn.
- Ban on cotton export a welcome move for industry: Vardhaman Textiles
In an interview with ET Now, SP Oswal, CMD, Vardhaman Textiles, talks about the ban on cotton export and its impact on cotton prices. Excer...
- Ban on cotton export a welcome move for industry: Vardhaman Textiles
In an interview with ET Now, SP Oswal, CMD, Vardhaman Textiles, talks about the ban on cotton export and its impact on cotton prices.
- Cotton exporters back in market as cotton prices decline
Owing to the delayed availability of cotton crop and with farmers holding the yield, exports have been slow this year and gradually picking...
- Resumption of cotton yarn export: Exporters anticipate better prices, garment makers for ceiling on exports
The lifting of restrictions on cotton yarn exports has evoked mixed reactions. While yarn exporters are anticipating better prices, garment...
- Lifting export ban on cotton yarn will provide huge relief to the industry: SP Oswal, Chairman, Vardhman Group
SP Oswal, Chairman, Vardhman Group in an interview with ET Now talks about the ban on cotton yarn exports.
- Organic cotton loses premium on demand-supply mismatch
A drop in demand for organic cotton in the West amidst an increase in output has forced large retailers to cut consumption.
- Vardhman Group may hive off steel business
Ludhiana-based Rs 3,500-crore Vardhman Group may hive off its steel business, which is part of its group company Vardhman Textiles.
- Textile cos step up hiring as business picks up
A number of top exporters, including Alok Industries, Gokaldas Exports, Orient Craft and Vardhaman Group, are ramping up their workforce to...
Textile cos may enter profit zone as demand picks upWorst seems to be over for the textile industry.
- High price spoils cotton party
Failing to rein in the skyrocketing prices of cotton, a section of the Indian textile industry could just shun the commodity in 2008-09 and...
- Textile industry to seek help from Chidamabram
Facing difficult times of lower margins due to slowdown in demand and rising input costs, the textile industry is planning to seek extensio...
- Rupee surge to hurt more in the future
The rupee’s surge against the dollar is set to hurt exporting companies across sectors like IT, textiles and automobiles. The IT industry i...
- Brand cotton takes seeds at the farms
International brands such as Nike and Paul Smith are starting their apparel production process at the field level.