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WOOLLEN SECTORS
Women consumers contribute 55.5% of textile buys, sarees, trousers key products: govt studyWomen lead textile purchases, accounting for 55.5% of spending. Man-made fibers are gaining popularity over cotton. The market has seen sig...- GST hike on apparel above ₹2,500 to hit demand: IndustryThe Clothing Manufacturers Association of India (CMAI) called the decision a big blow to the middle class and the organised sector of garme...
- Double whammy for Ludhiana knitwear cos as European buyers rework terms of ordersLudhiana's woollen knitwear market, India's largest, is grappling with significant challenges due to Trump's tariffs, rendering US exports ...
- Anil Kumar Goel, Dolly Khanna lapped up shares of this multibagger in Q4Dolly Khanna, another seasoned investor, held 3,81,973 shares or a 1.06 per cent stake in this company as of March 31. She was not among sh...
- GST cut to boost cotton, woollen but prices remain unaffectedThe GST Council has reduced the rate to 5% from the initially decided 18% on August 5. The move is expected to boost domestic business and ...
- Industrial output rises 0.7 per cent year-on-year in SeptemberThe improved pace of industrial activity was evident in 12 out of the 22 industry groups in the manufacturing sector in September.
- Jaya Shree Textiles to focus on linen, plans more storesJaya Shree Textiles, a unit of Aditya Birla Nuvo, will focus on linen fabrics to drive growth and has drawn up plans to open more stores ac...
- Winter delays entry; winter wear, tea companies feel the heatRetail sales of thermal wear and woollens have dropped by 30-40 per cent this November compared with last year.
- Resume subsidy for poor weavers of J&K, Himachal Pradesh and Uttar Pradesh: CongressConcern over stoppage of subsidy on woollen yarn by the Centre was expressed with a Congress member alleging that the step has badly affect...
- Government extends 10% rebate to woollen yarn purchaseUnion Minister for Textiles K S Rao today extended 10 per cent rebate on yarn purchase, which was only available for handicraft sector.
- Carpet exports jump 5% to $73.5 million in SeptemberIndia's carpet exports grew 5 per cent to $73.5 million in September on rising demand from emerging markets like China, Latin America and A...
- Carpets exports up 2% in AugustIndia's carpets exports grew marginally by 2% (YoY) to $85.65 million in August 2013, on account of growing demand from emerging markets.
- Carpet exports up 8.4% in AprilIndia's carpet exports grew 8.4 per cent year-on-year to $89.3 million in the first month of the 2013-14 fiscal.
- Carpet exports meet $1 billion target in 2012-13India's carpet exports met the $ 1 billion target in 2012-13, registering a growth of over 12 per cent, on strong demand in the US.
- Cold wave brings smile to beverage, woollen sectors, demand for woollens up by 10-15% this winterDhiraj Jain, owner of Ludhianabased Oswal Wool Centre, said: “Prices have remained the same but business volume has increased by 30%-40%.
- Jammu and Kashmir government flags off Rs 10 crore integrated wool project to promote wool industryThe Jammu and Kashmir government has kicked off a Rs 10 cr Integrated Project for Development of Wool and Woollen Design and a Development ...
- Carpet exports grow over 6 per cent in JulyIndia's carpet exports grew by over six per cent to $53 million in July against a year ago period.
- Vimal to open 38 new stores in FY'11Vimal, the flagship textile brand of Mukesh Ambani-led Reliance Industries, plans to add at least 38 stores to its retail network this fisc...
- Indian textile sector is in for a good time: Prabhudas LilladherAmisha Vora, Joint MD, Prabhudas Lilladher in an interview with ET Now talks about Bombay Rayon, Welspun and Raymond Woollen.
- Oswal Woollen Mills Ltd enters capital marketOswal Woollen Mills Limited (OWM), the flagship company of the Nahar Group of Companies is expanding its existing capacities by raising fun...
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