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YARN SPINNING
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...
- Shreedhar Spinners IPO: Check GMP, subscription, price band and other detailsThe NSE SME issue will remain open for bidding till June 25. The company aims to raise Rs 30.68 crore through an entirely fresh issue of 57...
- Watch: Marico’s Harsh Mariwala shares how China is making denim jeans from banana plants and calls it a lesson in innovationA viral video shared by Maric's Harsh Mariwala showcased how China is transforming banana stalks into eco-friendly denim, sparking question...
- 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...
- 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...
- Pageantry over policy: Takeaways from Trump's China tripPresident Trump's state visit to Beijing with Chinese President Xi Jinping yielded few concrete outcomes on key issues like Iran, trade, an...
- 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...
- 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...
- Spinning industry expects operating margins to improve by 150-200 basis points this fiscal after hitting decadal lowCRISIL Ratings foresees improved operating margins for the cotton yarn spinning industry, driven by factors like revenue growth, stable cot...
- Operating margins for the cotton spinning industry to improve 11.5-12.0% in FY 2024Demand expected to pick up from H2 FY2024, with an improvement in orders from the downstream apparel companies gearing up for Spring/Summer...
- US ban on China cotton hurting India's yarn spinning industryThe Chinese yarn that can't go to the US is now finding its way into the Indian market at cheaper rates, further reducing demand for expens...
- Spinning mills of North India considering cutting back productionThe decision to take this extreme step has come as a result of excess spinning capacity in the country and poor demand for yarn from overse...
- Succession Planning: Welspun Group to hive off yarn-spinning business for next generationMandawewala, the group managing director, is in the process of purchasing partner and chairman BK Goenka's stake in Welspun Syntex, they sa...
- Shri Lakshmi Cotsyn to invest Rs 1,300 crore on capacity hikeMajority of the investment will be for increasing terry towel production & rest would be for adding capacity of yarn spinning operations.
- Textile sector: Spinners make most of favourable pitchFirm yarn prices will continue to benefit spinning mills at a time when the demand in the textile industry is subdued.This puts spinning co...
- Cotton market booms due to lack of 'policy measures'The Indian cotton market is at peace.Three months of respite from government meddling has allowed the business to stagger back on its feet.
- Spin a new yarnAs the world looks to go green, value-added jute products are increasingly in demand, opening up a new frontier for Indian SMEs.
- Ramco to set up spinning unitRamco Industries Ltd on Tuesday said it will invest Rs 35 crore for setting up a cotton yarn spinning unit at Rajapalayam in Tamil Nadu.
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