Cotton prices rise, textile trade seeks zero duty

Cotton prices rise, textile trade seeks zero duty

July 30, 2021

COIMBATORE | JULY 27, 2021 22:50 IST. Textile exports turn expensive: SIMA With cotton prices rising, the textile industry has sought removal of 10% import duty on the produce. Southern India Mills’ Association (SIMA) chairman Ashwin Chandran said in a press release that the...Read More

Textile Cos. Rally as Street bets on gains from US-China tiff

Textile Cos. Rally as Street bets on gains from US-China tiff

July 30, 2021

In the wake of the tensions between the US and China — a big textile exporter— others like Bangladesh, Vietnam and India are vying for a pie of the shift in business from China. By filternews | July 28, 2021 Mumbai: Shares of textile makers extended their run-up in an...Read More

Centre takes series of measures for technology upgradation in Textile Industry

Centre takes series of measures for technology upgradation in Textile Industry

July 27, 2021

The ongoing version of the scheme i.e. Amended TUFS (ATUFS) launched in January 2016 aims to augment investment, productivity, quality, employment, exports alongwith import substitution. July 26, 2021 10:16 IST | India Infoline News Service Minister of State for Textiles, Darshana Jardosh...Read More

Leigh Fibers of Wellford producing eco-friendly textile treatment with shellfish waste

Leigh Fibers of Wellford producing eco-friendly textile treatment with shellfish waste

July 21, 2021

Tidal Vision uses discarded crab shells to produce an environmentally safe solution for the textile industry. Bob Montgomery | Herald-Journal | Published 8.00 a.m. ET July 19, 2021 Seafood lovers may not know it yet, but they are helping to transform the textile industry right in...Read More

Apparel retailer F&F joins in $1.7 bn TaylorMade deal

Apparel retailer F&F joins in $1.7 bn TaylorMade deal

July 21, 2021

The Korean retailer of the Discovery and MLB apparels will invest 400 mn won in TaylorMade By Ji-hye Min, Chae-yeon Kim and Jun-ho Cha | Jul 20, 2021 (Gmt+09:00) F&F Co., the South Korean retailer of the outdoor clothing brands Discovery Expedition and MLB, has been selected as the...Read More

Piyush Goyal wants 10x jump in textiles sector capacity

Piyush Goyal wants 10x jump in textiles sector capacity

July 21, 2021

Sidhartha / TNN / Jul 19, 2021, 12:58 IST NEW DELHI: Piyush Goyal, the new textiles minister, has set an ambitious target of scaling up the industry’s capacity by 10 times, amid indications that the government is planning more steps to boost investment and employment in the...Read More

Eliminate child labour from textiles, increase incomes Piyush Goyal

Eliminate child labour from textiles, increase incomes Piyush Goyal

July 16, 2021

Synopsis: In a review meeting with the officials of the ministry, he also expressed confidence that there will be a big growth in this sector, the government said in a release. ET BureauLast Updated: Jul 15, 2021, 10:12 PM IST Goyal also stressed on enhancing the productivity of local...Read More

Govt approves extension of RoSCTL scheme till 2024 for textiles exporters

Govt approves extension of RoSCTL scheme till 2024 for textiles exporters

July 16, 2021

Garment exporters will continue to get a rebate on central and state taxes on their outward shipments as the government on Wednesday approved extension of RoSCTL scheme till March 2024. PTI |  New Delhi | Last Updated at July 14, 2021 16:41 IST Garment exporters will continue to get a...Read More

Recovery in textiles to take 'mid-term time frame': Raymond

Recovery in textiles to take 'mid-term time frame': Raymond

July 15, 2021

In 2020-21, sales of branded textiles had declined nearly 46 per cent to Rs 1,572 crore, as against Rs 2,917 crore of 2019-20. PTI Last Updated: Jul 12, 2021, 04:37 PM IST Synopsis Demand for clothing, which is a non-essential item, with discretionary spending has been impacted, said...Read More

Sustainable non-woven fabric Bemliese™ certified as marine biodegradable by TÜV AUSTRIA Belgium and eyeing European market

Sustainable non-woven fabric Bemliese™ certified as marine biodegradable by TÜV AUSTRIA Belgium and eyeing European market

July 15, 2021

Press Release email received on 12th July 2021, 02.33 PM | Asahi Kasei Europe GmbH Düsseldorf, 12 July 2021 – Asahi Kasei’s sustainable non-woven fabric Bemliese™ has been certified as “OK biodegradable MARINE” by TÜV AUSTRIA Belgium. Made of...Read More

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