Cotton and Textile Market News

Tiruppur, Coimbatore fabric makers to go on strike

TIRUPUR: Thousands of power looms would remain closed as textile and grey fabric manufacturers from Tiruppur and Coimbatore will go on a 15-day strike from May 22 to protest against the rise in the price of yarn.

Speaking to TNIE, TN Textile En   ....... Read More

May 21, 2022 51 Likes

Tamil Nadu based textile body appeals CM Stalin for PLI scheme

Coimbatore, May 20 (KNN) Tamil Nadu based textile body, Indian Texpreneurs Federation (ITF) has urged Chief Minister M K Stalin to introduce a production-linked incentive (PLI) scheme, which will help the expansion of textile sector and SMEs across the St   ....... Read More

May 21, 2022 9 Likes

Explained: Why Do Textile And Garment Industries Want Govt To Ban Cotton Export

New Delhi: Union Textiles Minister Piyush Goyal had on May 18, convened a meeting of cotton traders, millers, and garment manufacturers on the topic, “Spiraling Prices Of Cotton”, resulting in demands by the textile and garment industries to ban expor   ....... Read More

May 21, 2022 15 Likes

Govt weighs second edition of PLI scheme for textiles industry

The government is eyeing the second edition of production-linked incentive (PLI) scheme for textiles and has begun consultations with the industry.

Industry wants inclusion of knitted fabrics in the scheme, besides manmade fibre and technical t   ....... Read More

May 21, 2022 11 Likes

High raw cotton, yarn prices push Gujarat textile industry into turmoil

The textile value chain in Gujarat is cutting production by nearly half and facing the possibility of shutting down units as raw cotton and cotton yarn prices keep rising, despite the Centre’s step to remove import duty.

Prices of raw cotton    ....... Read More

May 21, 2022 11 Likes

Readymade garment exporters want India to ban cotton exports

India’s readymade garment exporters want a ban on cotton exports, saying they are facing a severe liquidity crisis because of soaring cotton and yarn prices, which is making it difficult for them to deliver shipments to their foreign buyers on time.
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May 17, 2022 49 Likes

Textile units in Tiruppur launch two-day strike

Textile units in Tiruppur, Erode, and Karur districts of Tamil Nadu on Monday launched a two-day strike demanding the Union Government’s intervention in regulating the prices of yarn and cotton, which, they say, have “sky-rocketed” in the past 18 mo   ....... Read More

May 17, 2022 56 Likes

Textile shops in Erode, Salem remain shut

Condemning the steep hike in the prices of yarn, cloth merchants in Erode district began their two-day strike on Monday. Over 10,000 textile shops in the district remained closed as a result.

The strike was called by Erode Cloth Merchants’ As   ....... Read More

May 17, 2022 38 Likes

China’s loss is India’s gain in the textile sector, but it’s not that easy

NEW DELHI : A few months ago, a large German brand, which has been sourcing T-shirts from China for many years, reached out to a supplier in Tirupur, Tamil Nadu’s famous textile hub. Enquiries were made, due diligence done, and the company then promised   ....... Read More

May 17, 2022 49 Likes

Cotton : आता कापूस बियाणे विक्रीवरुन वाद, राज्य सरकारच काढणार तोडगा, नेमके प्रकरण काय?

कपाशीचे बियाणे उत्पादकांकडून मार्केटमध्ये केव्हा येणार? विक्रेत्यांकडून शेतकऱ्यांना केव्हा    ....... Read More

May 15, 2022 34 Likes

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