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FIBRE TEXTILE MILLS
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...- 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...
- These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsGiven the latest news flow from the Gulf region, the probability is high that we might once again see the bulls attempting a comeback. As u...
- Textile industry seeks cotton import duty cut as prices surge 25%, output falls shortIndian textile makers are urging the government to abolish the 11% import duty on raw cotton. Domestic prices have surged by 25% in two mon...
- Gujarat: VGRC to open new doors of opportunities in Surat's textile sectorThe Vibrant Gujarat Regional Conference will accelerate industrial growth in South Gujarat. This event aims to attract investments, connect...
- STCH bets on AI to fix trial-and-error in fabric R&D, raises $5.5 million from Omnivore, Kae CapitalSTCH is revolutionizing fabric development with AI. The company helps fashion brands design and source materials efficiently. This platform...
- Textile exporters urge govt to waive cotton import dutyIndian textile and garment exporters are calling for the removal of an 11% import duty on cotton. Domestic cotton prices have surged, impac...
- Extension of RoSCTL, other initiatives to help boost apparel exports: Textile SecyTextiles Secretary Upendra Prasad Singh said the apparel sector is important for the economy as it provides livelihood to a large segment o...
- New textile policy for overall development of the sector in works: Smriti IraniDifferent stakeholders consultation meetings are also underway under broad topics such as cotton, silk, jute, wool, man-made fibre, handloo...
- Apex textile industry body terms 18 per cent GST 'severe blow' to synthetic sectorThe apex industry association of the textile sector on Monday urged the government to reduce the levy to 12% to save the sector whose growt...
- FinMin working to converge all insurance schemes for weaversThe Finance Ministry is coordinating with concerned ministries to converge all insurance schemes including Mahatma Gandhi Bunkar Bima Yojan...
- 17 cotton mills close in 11 monthsAjay Tamta said the ministry has no scheme for providing finance and technical support for the revival of closed mills.
- Centre insensitive to the problems of textile millsProtesting against the alleged 'negligence and insensivity of the centre' towards the problems of textile industry, spinning mills the coun...
- India turns cotton importer despite record cropIndia, the world's 2nd largest cotton grower, has exported about 12.5 mn bales in October-September so far.
- 215 textiles mills shut in last 8 years: Anand SharmaThe government today said 215 cotton/man-made fibre textiles mills, which employed 69,774 workers, were closed during the last eight years.
- 127 mills employing 41,118 people shutdown in past 3 yrs: Govt125 textile mills employing 41,118 people have been shutdown in the past 3yrs on account of restrictions on cotton yarn exports.
- 15,000 textile workers lost job in last 3 yrsAbout 15,000 workers were rendered jobless due to closure of 55 textile mills in the past three years, Parliament was informed today.
- Over 30,000 textile mill workers lose jobs in last 5 yrsClosure of sick cotton and man-made fibre textile mills in the last five years has rendered 30,354 workers jobless, the Rajya Sabha was inf...
- Textile sops welcomed, but inadequate: SIMASouthern India Mills Association on Wednesday appealed to the Centre to abolish one per cent export incentive offered for cotton and reduce...
- Cotton mills seek more excise dutiesARMED with a study by Crisil Advisory Services, cotton textile mills have called for imposition of 2 per cent excise duty on ginned cotton,...
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