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TEXTILES OVERCAPACITY INDIA
No overcapacity in steel, textiles; India's consumption remains low: DGTRIndia has rejected US claims of excess capacity in its textile and steel sectors. Officials state per capita consumption of these products ...- 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 ...
- Resilient domestic economy gives India space to negotiate U.S. trade deal, sources sayIndia's economy is robust, and U.S. tariffs have impacted exports less than feared. This gives New Delhi more negotiation power with Washin...
- Ex-RBI chief Duvvuri Subbarao, who steered India through the 2008 crisis, has a ₹7,00,00,00,00,000 tariff warning for IndiaFormer RBI Governor Duvvuri Subbarao warns that India could face economic challenges from potential US tariffs and Chinese dumping. These p...
- US, India fast-track $500 bn trade deal as JD Vance visits amid global tariff unrestAmidst US-China trade tensions and reciprocal tariffs, Vice President JD Vance's visit to India underscores the urgency of finalizing the B...
- Budget 2025: Chemical industry seeks tweaking in customs duties to boost manufacturingBudget 2025: The chemicals industry requests adjustments in customs duties for products like Polyethylene Terephthalate and Polyvinyl Chlor...
- Italy will kick off foreign policy engagements for PM Narendra Modi in his third termThe Summit will also provide Modi a platform to elaborate on global issues of pertinence which were the focus of the successful Indian Pres...
- Grasim promotor Birla Group hikes stake by 4.09% to 23.18% in companyThere has been no change in the promoter/promoter group's total holding in the company, which remains at 43.06%. Shares of Grasim Industrie...
- Grasim Q4 Results: Net profit jumps 39% YoY to Rs 1,908 crore; revenue rises 13%Grasim Q4 Results: The net profit stood at Rs 1,369 crore in the last year quarter. Revenue from operations increased 13% year-on-year to R...
- In informal meet, top TN industrialists discuss consumer demand, tax certainty with FMAccording to a person present in the meeting, Sitharaman had “listened closely” to the inputs provided by the industrialists. Among the sug...
- Economic fall out limited but some companies may be hit by Brexit: CrisilSectors like automobile, information technology (IT), textiles, pharma, leather and metals are the most vulnerable, Crisil Research said.
- Indian market offers huge opportunities for growth: KK Maheshwari, Grasim IndustriesIn an interview with ET Now, KK Maheshwari, MD, Grasim Industries, shares textile business outlook in the backdrop of non-availability of l...
- Cheaper yuan has exporters running for coverThe Northern India Textile Mills' Association is considering cutting back production and shutting mills once a week.
- Aditya Birla Chemicals merger with Grasim Industries to be margin accretiveOne of the advantages of the merger is that the caustic soda business is relatively stable than the VSF business, where Grasim also operate...
- PM Modi's 'Make in India': China wants to push polluting 'sunset' industries to India"China's sunset industries are where India's hope lies," the article by Ding Gang, a senior editor of People's Daily, the main organ of the...
- Century Textiles to own 12.8 mtpa cement capacity by FY'14-endThe company has around 10 mtpa capacity now at its four existing plant locations in Chhattisgarh, Madya Pradesh, Maharashtra and West Benga...
- Margins to remain steady despite muted growth: CrisilCompanies will be able to expand margins by up to 0.30 per cent during the quarter due to many factors, it said.
- Competition, low margins force BASF to shut Thane facilityChemical firm BASF India said it will wrap up its EPS, a type of plastic, business due to strong competition and low margins.
- Denim cos ready to make a statement on the retail sceneDenim dazzle will mark most of ’07. The apparel industry is gearing up for a slew of new launches that will vie for a piece of action.
- Raymond, UCO JV may knit a decent denim fitAfter a spot of improvement till FY05, denim textile business had started sliding again in FY06. Denim is slipping out of fashion, with pri...
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