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Cotton and Textile Market News

After Bangladesh, Thailand shows interest in Indian cotton

Having succeeded in selling cotton to Bangladesh, India is all set to export the fibre to Thailand. One of the biggest mills in Thailand has shown interest in purchasing cotton from India, officials said.

Samples from India have been approved a ....... Read More

July 23, 2015 713 Likes

India’s cotton exports to China plunge 56.7% in 2014-15

NEW DELHI: Cotton prices in the domestic market are subdued due to 56.72 per cent fall in India's exports to China in 2014-15, Parliament was informed today. "Export of cotton from India to China declined by 56.72 per cent from 61 lakh bales in 2013- ....... Read More

July 23, 2015 660 Likes

Fabric export to rise with MEIS inclusion

Cotton fabric exports are likely to rise at least 10 per cent this year because of inclusion of the fabric in the Merchandise Exports from India Scheme (MEIS).

Products notified under MEIS for any specific market are eligible for reward on the ....... Read More

July 23, 2015 612 Likes

Trident updates on disruption due to rain at its Budni Complex

Since 20 July 2015
Trident announced that due to continuous heavy rains since 20 July 2015 in Madhya Pradesh, there has been intrusion of flash flood water in Trident Budni Complex. Due to which, the Yarn manufacturing operations as well as ongoing C ....... Read More

July 23, 2015 560 Likes

AFT Mill to Layoff Staff for 6 Months

PUDUCHERRY:The 110-year-old Anglo French Textile (AFT) mills under the territorial administration has once again declared temporary layoffs in units A, B and C (except Spinning unit) units for a period of 6 months with effect from July 21. The move came ....... Read More

July 23, 2015 473 Likes

Cabinet extends 3% interest subvention for crop loans

The Union Cabinet has approved a proposal to extend a three per cent interest subvention scheme to banks to ensure farmers get crop loans up to Rs 3 lakh at seven per cent a year interest. An additional subvention of three per cent would be given to those ....... Read More

July 23, 2015 513 Likes

How did Vietnam�s textiles and garments conquer the US market?

�Right after the two countries normalized diplomatic relations, in 1995, 30 Vietnamese business leaders and I had the chance to attend a 2-month training course in the US organized by AAVF, the veterans� association. We practiced at Oxford Industries, a g ....... Read More

July 23, 2015 518 Likes

�Textile industry must look at new areas to scale up�

Coimbatore, July 22:

The Indian textile industry will need to introspect and look into areas where there is scope for scaling up and upgrading the fabrics sector. The industry�s long-term prospects �are undoubtedly bright�, Prem Malik, Chairm ....... Read More

July 23, 2015 498 Likes

1 in 3 farmer suicides in Vidarbha over Rs 10,000 debt: Study

Just how much debt does it take for a farmer in the Vidarbha region of Maharashtra to take the extreme step of killing himself? The shocking findings of a new study reveal it could be as little as Rs 10,000.

Days after fresh data from the Natio ....... Read More

July 22, 2015 499 Likes

Monsoon shortfall at 7%, more rainfall likely soon

While parts of Madhya Pradesh got heavy downpour on Tuesday, India Meteorological Department (IMD) predicted monsoon rains over most parts of the country during the next couple of days.

�Heavy rainfall would occur at places in Jammu & Kashm ....... Read More

July 22, 2015 561 Likes