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TEXTILE MILLS ASSOCIATION
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...- Explained: Why Gokaldas Exports, KPR Mill and other textile stocks soared up to 8% on MondayTextile stocks such as Gokaldas Exports, KPR Mill, Vardhman Textiles and Trident rallied up to 8% after the government exempted cotton impo...
- 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...
- Jute industry seeks new Bengal govt's intervention to tide over raw material crisisWest Bengal’s jute industry is staring at a major crisis as raw jute shortages and soaring prices disrupt operations across mills in the Ho...
- 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...
- Apparel industry representatives meet Vice President, seek removal of 11 pc import duty on cottonApparel industry representatives met Vice President C P Radhakrishnan and other ministers, urging the removal of an 11% import duty on cott...
- Textile entrepreneurs hope for better stability with reduction in freight charges, cotton pricesParticipating in an interactive session here, around 120 managing directors of spinning mills discussed various issues including cotton pri...
- Reclaiming lost glory: Systemic solutions are the need of the hour for modern Indian textile industryWith automation now creeping in processes like zari and embroidery as well, there is a need to calibrate the skill requirements in alignmen...
- MCX signs MoU with NITMA for educating its membersCotton constitutes about 59 percent in the raw material basket of the Indian textile industry.
- 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...
- Sacked workers of Arvind Ltd begin agitationThirty four workers of Arvind Ltd and group subsidiary Ankur Mills who were sacked in 2012 have begun an agitation seeking reinstatement.
- Arvind Ltd hikes pay by Rs 1935A month-long labour unrest that almost paralysed Ahmedabad-headquartered vertically integrated textile company Arvind Ltd, finally paved wa...
- Ahmedabad mill owners, workers agree to finalise new wagesMill owners and worker representatives on Tuesday decided to finalise the wage structure this month in a bid to resolve the pending issue o...
- Wage negotiations between Ahmedabad mill owners and workers to on TuesdayNegotiations between the 15,000 workers of the Ahmedabad textile industry and the mill owners pertaining to wage hikes would begin on Tuesd...
- Textile mill workers to intensify stir for higher wagesUnderpaid textile mill workers of Ahmedabad will intensify their agitation from Wednesday seeking wage hikes and reinstament of sacked work...
- 'TUFS suspension affecting investments in textiles'The textiles ministry would soon approach the Cabinet Committee on Economic Affairs (CCEA) seeking additional resources for TUFS.
- Textile mills stop production, lose Rs 500 crDemanding suspension of cotton exports about 4,500 small, medium and large textile mills in the country today stopped production even as th...
- Yarn mills to strike work; seek ban on cotton exportIn a rare show of unity, trade unions and managements of over 3,000 textile yarn units will strike work on July 9 pressing for suspension o...
- Pak mills finalise deal for 0.7 mn bales of cotton from IndiaTextile mills in Pakistan have finalised contracts for importing about 0.7 million bales of cotton from India as part of measures to bridge...
- Textile mills request to be spared from power cutsThe Southern India Mills’ Association (Sima) has appealed to the Andhra Pradesh government to exempt textile mills in the state from power ...
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