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    Textile News - Accessories News  
   
  INDIA: Flowers and Jewellery on Mother’s Day  
  Gift Your Mother with Flowers and Jewellery on Mother's Day using OxiCash. OxiCash Enters into tie- up with Ferns 'N' Petals and Trijewels for this Special Day...
 
  INDIA: TAG Heuer Launches the New TAG Heuer Grand Carrera  
  This is the new premium collection of superlatively sophisticated timepieces inspired by the spirit of modern GT Cars...
 
  INDIA: Schemes for handicraft, handloom sector to be rationalized: GOVT  
  The Central Government has planned to group the number of schemes for the handloom and handicraft industries......
 
  INDIA: Resources the key to textile business  
  Industries that are shrinking in the developed economies offer India the best growth opportunities in the next decade....
 
  INDIA: CITI expects textile industry to attract Rs. 1,40,000 crore  
  The 11th plan will see the garment exports jump to $40 billion from the current $12 billion. The textile machine sector will attract Rs. 1,40,000 crore...
 
  INDIA: Day International to widen market share  
  The global textile accessories producer Day International is going to widen the market share of its branded spindle accessories, cots and aprons, and the rubber-based accessories used in the short staple and long staple spinning machinery......
 
  INDIA: Pioneer seeks greater market share in the Delhi- NCR region  
  Pioneer Threads Pvt. Ltd., manufacturers of tri lobal polyester threads is in the process of exploring greater market share in the Delhi-NCR region. As a progressive step, the company has recently opened a company owned sales office in Gurgaon...
 
  INDIA: Gangotri plans to Produce more Tibre Trousers  
  During the fiscal, the Rs 280-crore company also plans to increase the plant capacity to produce 3,000 pieces a day of Tibre trousers from 800 pieces....
 
  INDIA: Industrialists aim to make Surat the hub of the embroidery industry  
  Textile industrialists see a great potential for clothes decorated with chic embroidery work, in both in the foreign and Indian market......
 
  INDIA: Madura Garment plans to implement RFID as an POC  
  The company is planning to implement RFID solution in the retail front end as an initial proof of concept (POC)......
 
 
     
 
    INDIA Textile News - Apparel/Garments News  
   
  INDIA: Fine lint remains in demand at cotton market  
  Fine lint remained in demand amid steady spot rate at the Karachi cotton market...
 
  INDIA: Powerloom machines lying idle in Coimbatore district  
  Powerloom machines lying idle at Somanur in Coimbatore district following stoppage of production due to lack of demand...
 
  INDIA: Textile park in Howrah  
  The state will have its first integrated textile park in Howrah within a couple of months. The park, with an investment of Rs110 crore, will have around 150 units....
 
  INDIA: ColorPlus in partnership with XLA  
  ColorPlus, India’s leading casual wear brand launched the ‘Xnovation’ range of cotton clothing for men in partnership with XLA...
 
  INDIA: Alok Industries Limited FY08 Net Sales up by 18.34%  
  Alok Industries Limited FY08 Net Sales up by 18.34% at Rs 2159.25 crore PAT up by 23.79% at Rs. 167.34 crore...
 
  INDIA: Lilliput Kidswear Selects Microsoft Dynamics' ERP Solutions  
  Lilliput Kidswear Selects Microsoft Dynamics' ERP Solutions to Meet Growth Demands. Implemented by Tectura Infotech Pvt Ltd, the World's Leading Provider of Microsoft Dynamcis' ERP Solutions; Microsoft Dynamics' ERP Customers most Satisfied, Reveals India-wide IDC Survey...
 
  INDIA: Textile park in Kerala  
  Central government will consider sanctioning projects like an integrated textile park in Kerala's Kannur district if adequate land is provided....
 
  INDIA: Indian technical textile sector may grow 4 fold by 2020  
  Indian Technical Textiles market is set to grow by more than 4 times to $37bn in the next 12 years i.e. by 2020...
 
  INDIA: Reliance Retail inks JV deal with Marks and Spencer  
  Mukesh Ambani-led Reliance Retail Ltd (RRL) will set up a joint venture firm with British food retailer Marks and Spencer (M and amp;S) with an initial investment of 29 million pounds (Rs.2.3 billion)....
 
  INDIA: Arviva Industries Expansion Plan in India  
  Arviva Industries, which is a leading garment exporter, said it would enter the men's shirt segment during the coming festival season...
 
 
     
 
    INDIA Textile News - Budget 07-08 News  
   
  INDIA: Downslide feared in textile exports  
  The annual supplement to the Foreign Trade Policy (FTP) has baffled the exporters as there is a fight between the commerce and finance ministries on the exemption...
 
  INDIA: Synthetic fibre manufacturers to benefit from TUFS  
  The textile industry will have to share the TUFS benefits with the likes of Reliance, Grasim Industries and IndoRama. This has became evident...
 
  INDIA: GEA not satisfied with union budget 2007-08  
  The steps of extending technology upgradation funds for five years with enhanced allocation of funds from Rs 540 crores to Rs 910 crores during 2007 -08, reduction in custom duty......
 
  INDIA: Govt exempts textile processing industry from tax  
  The Maharashtra state government in budget 2007-08 has exempted the textile processing industry from tax till imposition of vale added tax (VAT)......
 
  INDIA: Budget criticised for inclusion of rent under service tax category  
  Union finance minister has been criticised by general business community for including rent of commercial premises under the purview of service Tax; Parmeshwar Taparia, a textile businessman told bharattextile.com here on March 09......
 
  INDIA: Textile industry put to take bitter pill through budgetary proposal  
  Textile industry is put to take a bitter pill through a budgetary proposal; said Mr S.V. Arumugam, Chairman of the Southern India Mills Association......
 
  INDIA: Texprocil welcomes Union Budget 2007-08  
  The Cotton Textile Export Promotion Council (Texprocil) has welcomed the Union Budget 2007-08 for continuation of Technology Upgradation Fund (TUF) scheme during the Eleventh Plan......
 
  INDIA: Vaghela pushing through scheme  
  Union Textile Minister Shankar Singh Vaghela is pushing through a multi-crore scheme to which his officials and the Finance Ministry have objected; a senior textile ministry official said......
 
  INDIA: Budget have many proposals for Gujarat’s industrialists to smile  
  Budget 2007 presented by Union Finance Minister P Chidambram, have many budgetary proposals for Gujarat’s industrialists to smile; said Nayan Parikh......
 
  INDIA: Budget 2007-08 strives to continue reform process: Gautam Singhania  
  The Union Budget 2007 - 2008 has strived to continue the reform process so that overall growth can be sustained; Mr. Gautam Hari Singhania Chairman & Managing Director, Raymond Ltd commented......
 
 
     
 
    INDIA Textile News - Budget 08-09 News  
   
  INDIA: No remedial measures for sick textile sector  
  Although concern was expressed at the slackening manufacturing sector growth, specially textile and...
 
  INDIA: TUFS & SITP to attract additional investments in textile industry  
  Budget 2008 presented by the Finance Minister was not succeeded in gathering appreciation from the domestic textile industry, as it has not considered the......
 
  INDIA: Budget shatter hopes of textile industry  
  The hope of relief package for textile industry from the Budget has been shattered......
 
  INDIA: Impact of budget on textile sector  
  Budget 08 is fail to fulfill textile sectors expectations. Actually what the budget does is...
 
  INDIA: Extremely disappointment for textile sector  
  The textile industry has expressed disappointment at the union budget, as the package is expected to include reduction in excise duty...
 
  INDIA: Welspun welcomes advanced textile technology  
  Welspun welcomes the increase of Technology Upgradation Fund (TUF) scheme to Rs 1,090 crore. This will give fillip for modernization and bring in advanced textile technology...
 
  INDIA: Union Budget 2008-2009 is out  
  Textile industry has been given some benefits in the budget....
 
  INDIA: Customs and excise duty cuts wanted  
  In a memorandum to Finance Minister P. Chidambaram, Confederation of Indian Textile Industry (CITI) Chairman P. D. Patodia has demanded reduction in excise and customs duties....
 
 
     
 
    INDIA Textile News - Budget 2005 News  
   
  INDIA: Textile industry deserves focussed attention in Budget 2006  
  Budget 2006: Indian Textile Industry deserves focused attention in view of its huge potential of employment generation and foreign exchange earnings......
 
  INDIA: Textile Ministry request for excise cut on synthetic fiber  
  The textile ministry has proposed reduction in excise duty on all synthetic fibers from 16% to 8%, in a post-budget note to the finance ministry. The ministry has also recommended 5% concessional import duty on all textile machinery......
 
  INDIA: Apparel exporters unclear of policies of Punjab Budget ‘05-06  
  State industrial community expressed its disappointment, saying the budget 'lacked' any major initiatives for its rejuvenation. Nothing is clear from this budget as to how the government will implement its policies......
 
  INDIA: Budget could have been better  
  The Budget has provided incentive packages to improve the cost-competitiveness and profitability of all segments of the textile industry......
 
  INDIA: Garment exporters get a raw deal by FM  
  The garment exporters expressed dissatisfaction on the Budget proposals as no specific measures have been announced for the Garment Sector of the Textiles Industry......
 
  INDIA: Service tax on business auxiliary services (BAS)  
  After including even a job worker under the purview of Business Auxiliary Services, this Finance Bill fortunately clarifies and even exempts it, of course to a certain extent......
 
  INDIA: Indian Spinners Association disappointed with the Budget  
  R.L. Toshniwal, President, Indian Spinners Association (ISA) expressed grave disappointment of the manmade textile industry at the Central Budget for 2005-06......
 
  INDIA: Kanara Chamber hopeful of exporters setting up unit at EPIP  
  Boost to textile sector should encourage industrialists to set up units at the proposed Export Promotion Industrial Park in Mangalore....
 
  INDIA: SISSPA welcomes duty cut on polyester filament yarn  
  The South India Small Spinners Association has welcomed the lowering of the excise duty on polyester filament yarn to 16 per cent in the Budget......
 
  INDIA: Advantage…textiles!  
  The Finance Minister, Mr. P. Chidambaram, has recognized that nurturing the textile industry will further strengthen and leverage its existing advantages......
 
 
     
 
    INDIA Textile News - Budget 2006 News  
   
  INDIA: Textile Industry upbeat over duty-cut and fund flow  
  Now, cotton and polyester are on level-playing duty turf and textile industry is expecting major gains in the years ahead on the back of the Finance Minister's decision to cut key duties and enhance the allocation for the technology upgradation fund in the Budget 2006-07......
 
  INDIA: Inadequate justice to textile sector in Budget ’06: D.D. Kothari  
  The Hon’ble Finance Minister in his budget speech has recognised the importance of textile industry in the economy, but has not done adequate justice to this vitally important sector......
 
  INDIA: Increase in allocation for TUF will attract investments: GEA  
  The increase in allocation for Technology Upgradation Fund and provision for Scheme for Integrated Textiles Parks in the Budget '06, will promote investments in the textile industry......
 
  INDIA: POY manufacturers not happy with budget  
  Decrease in excise duty from 16 per cent to eight per cent may have pleased the textile industry, but polyester yarn (POY) manufacturers in Surat do not think it will help them weave a brighter future......
 
  INDIA: Surat's mills boosted by Budget 2006  
  Surat cheered most when finance minister P Chidambaram made his budget speech on on February 28......
 
  INDIA: Textile industry considers the budget 2006 enthusiastic  
  Bharat Textile. com contacted some of authority persons concerning textile industry and wanted to know their opinions upon the budget....
 
  INDIA: Garment exporters anxious over increase in service tax  
  The garment exporters of the country who are not covered under VAT, expressed worries over the increase in service tax from current 10 pct to 12 pct in the Union Budget......
 
  INDIA: Rs 241 cr not sufficient for handloom sector: Sivakannan  
  The budget ’06 proposal of Rs 241 crore under the higher fund allocation for the handloom sector is a positive move towards development......
 
  INDIA: TEXPROCIL appreciates duty cut on textile machinery  
  The reduction in customs duty for specified textile machinery to 10 pct which is a step in the right direction has been welcomed by the Cotton Textile......
 
  INDIA: Textile companies to achieve $ 50 bn by 2010  
  The FM’s budget has delivered for textile sector, as the sops will help to boost domestic and export demand for the textiles companies of the country......
 
 
     
 
    INDIA Textile News - Company Results News  
   
  INDIA: Nitin Spinners's an Extra Ordinary General Meeting  
  Nitin Spinners Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held...
 
  INDIA: Nakoda Textiles yearly net profit zooms 63 per cent  
  Announces a five per cent interim dividend to shareholders, New plant commissioned in November running to full capacity...
 
  INDIA: Alok Industries net up 16.49% at Rs 43.17 cr  
  Alok Industries Limited (Alok), amongst India’s leading integrated textile manufacturers, has posted a...
 
  INDIA: Arvind Mills' net profit at Rs 6 cr and sales at Rs 537 cr  
  The Arvind Mills Limited, one of the largest integrated textile players in the world have announced their financial results for Quarter ended 31st December, 2007....
 
  INDIA: OCM India to achieve Rs 160 cr turnover  
  The city based textile manufacturing company, OCM India Ltd. is......
 
  INDIA: Aditya Birla Nuvo reports growth in Q2 net profit  
  Aditya Birla Nuvo has reported a marginal 2.08% growth in net profit to Rs 548.50 million for the quarter ended September 2007 as compared with Rs 537.30 million for the corresponding quarter last year....
 
  INDIA: Indo Rama Synthetics reports growth in Q2 net profit  
  Indo Rama Synthetics (India) has registered a growth of 35.17% in net profit for the second quarter of 2007, helped by robust sales growth. During the quarter, the company saw a rise in net profit to Rs 118 million...
 
  INDIA: R M Mohite Textiles reports increase in Q2 net sales  
  R M Mohite Textiles Ltd., integrated textile products manufacturer, has posted an impressive performance for the second quarter of 2007 by reporting an increase in net sales by 7.86% to Rs 26.91 crore.Net sales were...
 
  INDIA: Arvind Mills announces Q2 financial results  
  Arvind Mills Limited, one of the largest integrated textile players in the......
 
  INDIA: Arvind Mills reports increase in Q2 net profit  
  Arvind Mills Limited, one of the largest integrated textile players in the world have announced their financial results for Q2, 2007.The sales were up by 14% at Rs.564 Crores as against Rs.493 Crores in the...
 
 
     
 
    INDIA Textile News - Cotton News  
   
  INDIA: NandanExim To Restart Spinning Plant Soon  
  The spinning unit of Nandan Exim Ltd caught fire at around 2 PM on 5th May 2008 damaging approximately 30000 bales of cotton...
 
  INDIA: Price controls to hit Bt cotton growth in Gujarat  
  Price control on Bt cotton seed prices is likely to hit the cotton growing community in Gujarat. While the state government is trying to ensure that the commodity is available in the market at a reduced rate, seeds producing and marketing...
 
  INDIA: Cotton arrivals register 8.52 percent shortfall  
  The cotton crop arrivals at the ginneries across the country...
 
  INDIA: Record export forecast for Indian cotton  
  Rising world cotton prices and keen demand help India further consolidate its position as a major supplier of cotton to the world market. This has been made possible because of a sharp expansion...
 
  INDIA: Lint prices have shown steady growth  
  Cotton lint prices overall retained its firm trend, with mixed price movement in a narrow range....
 
  INDIA: The second largest cotton producing country  
  India became the second largest cotton producing country in the world after China according to study of International Service for the Acquisition of Agri-biotech Application (ISAAA)....
 
  INDIA: SICA coordinated a seminar for Vidharbha farmers.  
  SICA coordinated a seminar for Vidharbha farmers....
 
  INDIA: Contamination in rawcotton  
  International Textile manufacturers Federation (ITMF)survey shows raw cotton continue to be serious challenge to the cotton spinning industry worldwide due to serious contamination....
 
  INDIA: Affordable Bt cotton seeds by GSSC  
  Affordable Bt cotton seeds by Gujarat State Seeds Corporation....
 
  INDIA: Ban on cotton exports may force farmers to move to other commodity  
  The recent measures adopted by the government with an aim to protect......
 
 
     
 
    INDIA Textile News - Expansions News  
   
  INDIA: Trident Group Launches its first Lifestyle store - Trident Homescapes  
  Trident Group has launched its first Lifestyle store - Trident Homescapes - in Chandigarh through Abhishek Industries Ltd...
 
  INDIA: Vishal Group Spreading its wings over more businesses for growth  
  Vishal Mega Mart stores retail the entire range of household products, FMCG and electronic goods. Vishal's prices are roughly 15 to 20 per cent less than other mass market garment labels....
 
  INDIA: Chiripal group launches apparel brand  
  The Rs.12-million Chiripal group based here launched its own apparel brand ConneXions Thursday.ConneXions, designed as a men's lifestyle and women's...
 
  INDIA: Aditya Birla plans to setup 12 mega stores  
  One of the leading textile tycoon in India, Mr Kumar Mangalam Birla, Chairman of Aditya......
 
  INDIA: Prateek Apparels on growth path  
  Prateek Lifestyle's six-month-old retail venture, which currently has two Coupon malls - one each at Bangalore and Raipur in Chhattisgarh with a combined carpet area of 50,000 square feet - plans to...
 
  INDIA: Free Trade agreements with all the regional economies in a year  
  Signing of the Free Trade agreements with all the regional economies in a year,this was stated...
 
  INDIA: Pantaloon Retail has selected Wipro for IT operations.  
  Pantaloon Retail has selected Wipro for delivering streamlined IT operations....
 
  INDIA: GAIL signed a MoU with ITERA Oil & Gas Company  
  GAIL (India) Limited signed a MoU(memorandum of understanding) with ITERA Oil & Gas Company of Russiaof Russia....
 
  INDIA: Arvind Mills's joint venture with VF Corporation  
  Arvind Mills's joint venture with VF Corporation...
 
  INDIA: Nahar Retail plans to open stores in Middle East  
  The wholly-owned arm of the Ludhiana-based Nahar Industrial Enterprises (NIEL), Nahar Retail......
 
 
     
 
    INDIA Textile News - Fabrics News  
   
  INDIA: OCM to produce enhanced wool fabrics with Burlington  
  Textile manufacturer OCM India has entered into tie-up with Burlington WorldWide to produce and sell enhanced wool fabrics under the Burlington brand name in the Indian market. OCM India is now owned by WL Ross & Co. The partnership...
 
  INDIA: Vijay Textiles hopes to increase sales and profit  
  Vijay Textiles Limited (VTL), a company engaged in the manufacture of furnishing fabric, hopes to increase its turnover and profit margins in the next couple of years. The company is banking on its new wider width cloth manufacturing facility and its recent foray into infrastructure development for...
 
  INDIA: Sangam to launch Italian fabric collections  
  Sangam India Ltd. has tied up with an Italian designer. The company will launch the Italian designer’s premium fabric collections Hanery Parker and High Flyers under Sangam’s brand “Umbrella”....
 
  INDIA: International quality fabric for Indian markets  
  The premier textile brand from Reliance Industries, VIMAL, has tied up with Minova to source international quality fabric for Indian markets....
 
  INDIA: Fabrics manufacturer enters into agreement with Riopele  
  Sangam (INDIA) has entered into a supply agreement with Portugal-based Riopele Texteis to provide PV fabrics....
 
  INDIA: Spentex to acquire European yarn and threads company  
  The New Delhi based Spentex, the country’s largest yarn maker, is close to acquiring an European yarn and threads company for Euro 30 to 40 million....
 
  INDIA: Tommy Bahama launches Sunbrella fabric collections  
  The city based lifestyle brand that defines elegant tropical living with men’s and women’s sportswear, golf-wear, swim-wear, accessories and a complete home furnishings collection, Tommy Bahama......
 
  INDIA: SGS Silk Mills debuts in shirting segment  
  SGS Silk Mills has debuted in the shirting segment. It has launched a range of shirting fabrics on January 31, in Kohinoor Hotel, Andheri....
 
  INDIA: Scheme of handloom mark not comprehensive: Reddy  
  The present scheme of handloom mark is not comprehensive; Narasimha Reddy, Centre for Handloom Information and Policy Advocacy, Chirala (AP) said......
 
  INDIA: KG Fabriks launches micron-dyed denim fabrics  
  The city based KG Fabriks Limited has introduced micron-dyed denim fabrics with deep indigo blue dyeing technology giving deep shade, excellent luster, uniform structure......
 
 
     
 
    INDIA Textile News - Fairs/Exhibitions News  
   
  INDIA: Delhi all set to host textile exhibition  
  The long wait for the only international trade show catering to fabrics and......
 
  INDIA: India Carpet Expo in March  
  The India Carpet Expo is to be held from March 2-5 2008 at Pragati Maidan, New Delhi....
 
  INDIA: AEPC to organise garment fair in New Delhi  
  The organisation sponsored by the textiles ministry to monitor garment exports and quotas, Apparel Export Promotion Council (AEPC) is organising the 40th......
 
  INDIA: Cutting edge technology emphasized at International Conference  
  Experts and speakers across the globe participated in an International Conference on Futuristic Trends in Textiles from Dec 10-12, 2007...
 
  INDIA: International textile conference begins in Jalandhar  
  The international conference on ‘Futuristic trends in textiles’ organised by the department of textile technology began here in the city......
 
  INDIA: Textile exhibition to hit Bangalore in January 2008  
  The Confederation of Indian Textile Industry (CITI), New Delhi and India......
 
  INDIA: Saarc textiles exhibition weaves diverse craft traditions  
  A three-month-long handicrafts and textiles exhibition weaving together the diverse craft traditions of the eight South Asian Association for Regional......
 
  INDIA: Union Minister inaugurates ‘India Intl Coir Fair 2007’  
  The Union Minister of State for Commerce, Mr Jairam Ramesh, inaugurates the ‘India International Coir Fair-2007’ here in the city on......
 
  INDIA: Coir Board organises ‘IICF 2007’ in Kochi  
  The biggest ‘India International Coir Fair-2007 (IICF)’ organised by Coir Board, with an aim to create a platform for the coir industry to expand its overseas......
 
  INDIA: Exhibition of Himachal handloom and handicrafts  
  Himachal Pradesh State Handicrafts and Handloom Corporation (SHHC) today organized an Exhibition-cum-Sale in Chandigarh. The exhibition will remain open till 9th December 2007. The ceremony was inaugurated by Master...