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COTTON YARN EXPORTS
Aastha Spintex IPO off to a steady start; issue subscribed 52% on Day 1. Check GMP & key detailsAastha Spintex IPO saw a steady start on Day 1, subscribed 52% by mid-session, with strong NII demand leading the response. The issue carri...
Aastha Spintex IPO opens for subscription. Check GMP, brokerages review and other detailsThe company plans to utilise the proceeds for the acquisition of Falcon Yarns, funding the working capital requirements of Falcon Yarns and...
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...
Explained: Why textile stocks are delivering up to 14% returns for investors on Wednesday?Textile stocks rallied sharply on Wednesday after brokerages turned bullish on the sector, citing improving global demand, favourable trade...
Motilal Oswal initiates coverage on KPR Mill, 7 other textile stocks with up to 43% upside. Own any?Motilal Oswal has initiated coverage on eight textile companies, turning bullish on Gokaldas Exports, Indo Count, Arvind Fashions, Pearl Gl...
Smaller cities power India’s corporate travel surgeCorporate travel in India is increasingly shifting towards smaller cities, with nearly 60% of bookings now originating from or heading to t...
Worst is behind, demand recovery underway for Indian textile sector as tariff woes ease: ReportIndia's textile industry is seeing a comeback as uncertainty over US tariffs has ended. Global demand is getting better. This brings new ho...
India counters US Section 301 probe claims of surplus capacity in textiles, steelIndia is pushing back against US allegations of excess production capacity in textiles and steel. Government officials argue that domestic ...
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...
No Santa for exporters this Christmas: Iran war disrupts supply chains, stretches transit times to 60 days, threatens marginsIndian exporters say longer shipping routes, rising input costs, and delayed payment cycles are squeezing margins and putting pressure on d...
Cotton prices down 3% on import duty suspension, may slide moreIndia has suspended its 11% import duty on cotton until October. This move has immediately reversed the recent rally in cotton prices, with...
Pankaj Pandey identifies defence, pharma and consumption as core stock picking themesIndian equities face a mixed outlook due to potential monsoon deficit and uneven corporate earnings. While rural-linked sectors may see pre...
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...
Jingle bell blues: Christmas orders from US, Europe drop 10-15% as West Asia crisis bitesChristmas goods orders from key markets like the US and Europe have seen a 10-15% dip this year. Global economic uncertainties, rising raw ...
Tamil Nadu seeks duty-free cotton imports to support textile sector: CM Vijay writes to PMHe highlighted the severe crisis facing the state's massive textile and apparel export industry, which employs lakhs, due to soaring cotton...
Textile industry seeks removal of cotton import dutyIndia's textile sector faces challenges from high cotton prices and declining production. The industry is urging the government to cut impo...
India’s textile output shrinks in March as Iran war fuels input costs, hitsIndia's textile production saw a significant drop in March. Key sectors like readymade garments and cotton goods faced challenges. Rising c...
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...
Fall of 33% in India's April-June 2019 cotton yarn exports can lead to layoffs: TexprocilThe cotton yarn sector has been one of the pillars of the Indian textile industry and is also highly modernised and technology driven.
- DEPB benefits restored for cotton and cotton yarn exporters
Cotton yarn exporters will get the benefit from April 1 2011 while cotton exporters can claim DEPB from October 1 2010.