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Sify.com » Topics » Indian Textile Industry
Indian Textile Industry News
Ceiling on speciality yarn exports lifted The recent export ceiling imposed on yarn manufacturers has been lifted, subject to some conditions, on makers of value-added speciality yarn and technical yarn. In another relief for one category, exports of cotton yarn made from imported cotton will not need a certificate from the excise authority if the imports were done on or after October 1, 2010. Certification from the Directorate General of
Textile mills start raising prices
Domestic textile mills are redoing strategy to protect margins from the pressure of high raw material prices.
Spinning mills may stall production if Centre extends yarn export curbs
Industry says export of yarn made from imported cotton not sufficient.
Tirupur units fear loan crisis
The Madras High Court order for closure of over 700 dyeing and knitting units in Tirupur may trigger huge loan defaults.
Yarn exports cap a blow to sector, says industry body
The quantitative ceiling of 720 million kg that the Ministry of Textiles has imposed on the export of cotton yarn during 2010-11 will have far reaching adverse consequences for all segments in the |
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