Sify.com » Topics » Indian Textile Industry
Indian Textile Industry News
Short-staple cotton output likely to decline, denim makers may import
At a time when cotton output estimates in India have been lowered to 34.5 million bales (170 kg each), production of the short-staple variety in most parts is likely to fall on unfavourable weather during the sowing season. India, the second-largest grower after China, may have to depend on imports of the short-staple variety this year, as production in key growing areas, including Gujarat, Maharashtra
At a time when cotton output estimates in India have been lowered to 34.5 million bales (170 kg each), production of the short-staple variety in most parts is likely to fall on unfavourable weather during the sowing season. India, the second-largest grower after China, may have to depend on imports of the short-staple variety this year, as production in key growing areas, including Gujarat, Maharashtra
Textile firms' loan restructuring in a pause mode
The cotton textile industry will have to wait for some more time before the government and the Reserve Bank of India (RBI) finally come to their rescue and restructure their debt.
The cotton textile industry will have to wait for some more time before the government and the Reserve Bank of India (RBI) finally come to their rescue and restructure their debt.
Garment exporters diversify portfolio to broaden reach
Indian textile exporters are now looking at diversifying their portfolio. Exporters are finding it difficult to export due to demand slowdown in major destination markets like the Europe and the
Mills likely to consume more cotton
At a meeting on Tuesday, the Cotton Advisory Board (CAB) said textile mills were likely to consume more cotton than estimated earlier this year. Mills’ consumption estimate for the current
High-level govt meeting to sort out textile firms' debt issues
The textile ministry will meet the finance ministry to restructure loans for the textile industry. A joint meeting of textile and finance ministry officials, and those from the Planning Commission,
Cotton yarn export picks up on robust demand
Cotton spinners, earlier stuck in a lurch, are now turning profitable due to good demand from international and domestic markets.
Cotton spinners, earlier stuck in a lurch, are now turning profitable due to good demand from international and domestic markets.
© Copyright Sify Technologies Ltd, 1998-2011. All rights reserved. India News Portal, Sify.com hosted at SifyHosting India's first Level 3 Internet Data Centre.
Site optimized for Internet Explorer 5.5 and above.
See Disclaimer |Privacy Policy &Parental Guidance on pornography |careers@sify |About Us |Feedback |Advertise
Site optimized for Internet Explorer 5.5 and above.
See Disclaimer |Privacy Policy &Parental Guidance on pornography |careers@sify |About Us |Feedback |Advertise