Textile exporters have not much to cheer about from the decline of the rupee against the dollar, as the fall has been so sharp that importers have started seeking renegotiation of contracts already

Continuing their bad run due to high inventory costs, several textile and clothing (T&C) companies have either booked losses or reported poorer results for the fiscal end March 31, 2012. While

The cotton controversy does not seem over yet, despite the decision at the beginning of this month to re-allow its export. Cotton prices in the domestic and global markets have fallen six to seven

The Union textile ministry has appointed Bank of Baroda Capital, the merchant banking subsidiary of Bank of Baroda (BoB), to prepare a debt restructuring plan for the textile industry. Confirming

Despite India being the world’s second-largest cotton producer, next only to the US, the import of this natural fibre is likely to set a new record this year, with the government’s