Page 2 of Textile mills

Arvind Ltd, Arvind Q2 results, revenue, profit, EBITDA, textiles business, dvanced Materials business, hybrid wind-solar project, energy consumption

Technical textiles: $40-bn target for 2024 to be missed

The technical textile industry is largely associated with manufacture of specialised textiles and apparels produced through technological modification of natural and man-made fibres.

May 31, 2023 02:45 IST

Gujarat textile, Textile mills, Textile, Gujarat, Industry

Gujarat textile Industry facing demand crunch

Industry sources said the situation is so grim that around 5,000 of city’s small traders who conduct their businesses from…

May 17, 2023 12:02 IST

Home textiles industry, revenue, operating profitability, cotton prices, raw material cost, capital expenditure, cash accrual, capacity addition, operating margins, export, debt

Government’s infrastructure push and its impact on the textile industry

The textile sector, specifically, is well poised to reap the rewards of the robust growth in infrastructure which would further…

April 2, 2023 11:25 IST

Export benefits under RoDTEP extended to certain textile item

Benefits under the duty refund scheme — Remission of Duties and Taxes on Exported Products (RoDTEP) — will be given…

Updated: March 27, 2023 10:23 IST

Imports, textile, production linked incentive, textile industry

Near 50% jump in imports threatens India textile story

Such imports are likely to go well past $10 billion in the current fiscal to hit a record, official and…

January 27, 2023 06:30 IST

diwali, festival season, surat, industry, textile industry, cloth market

A dull festive season with very few orders

Surat textile workers on unpaid, longer Diwali vacation.

October 31, 2022 06:30 IST

Textile and garment exports shrink

Unless corrective actions are swiftly taken, the ambitious target of realising annual textile and garment exports of $100 billion in…

October 24, 2022 02:30 IST

Textile units in Surat struggling to revive from sluggish demand

Plight of processing units is even worse as most of the processors are functioning five days a week even during…

Updated: September 27, 2022 06:46 IST

The Centre had launched the first PLI scheme for only technical textiles and man-made fibre-based players who were willing to commit large-scale investment of at least Rs 100 crore and annual turnover of Rs 200 crore each.

Govt may relax key criteria to sweeten textile PLI 2.0

Even before the pandemic struck, textile and garment exports shrank 8.6% year on year to $33.7 billion in FY20.

September 26, 2022 01:45 IST

Govt to take call on National Textile Corporation closure soon

Due to the unavailability of working capital and other financial constraints, operations in all NTC mill units are presently under…

August 30, 2022 07:37 IST

“We have to move away from thinking that textile is only clothing,” says curator Lavina Baldota, who is a textile revivalist, conservationist, and the concept curator of the exhibition titled ‘Sutr Santati’, which has these textile works on display.

Textile as art: Craftsmanship and ecological preservation are key nowadays

Indigenous textiles are as much art and craft as they are garment

August 28, 2022 02:15 IST

The missed textiles opportunity Premium Story

India’s garment and knitting industries have been reserved for the small scale sector for most part, preventing large-scale investments.

Updated: August 25, 2022 09:37 IST

Textile industry pins hope on festival season for demand revival

Textile units in neighbouring Bangladesh, Sri Lanka and even China are facing challenges of slowing global demand, energy crisis.

August 10, 2022 03:40 IST

Century Textile’s Q1 consolidated net profit rises 78%

The BK Birla Group company’s consolidated net sales have increased 41% to Rs 1,172 crore during the first quarter of…

July 26, 2022 00:15 IST

Textile industry sources said textile units are waiting for the unveiling of the new scheme in order to modernise their units as under the current amended TUFS scheme, they are hardly getting a subsidy of around 10 %.

Weavers await tech upgradation scheme

The Federation of India Art Silk Weaving Industry (FIASWI) has already made representation before the Government of India demanding subsidies…

July 25, 2022 01:45 IST

High cotton, input prices force Gujarat textile processors to cut operations by 40%

Many of the nearly 3,000 processing units in Surat, Ahmedabad and Jetpur have told their employees to work just thrice…

May 28, 2022 00:15 IST

High raw cotton, yarn prices push Gujarat textile industry into turmoil

Entire textile value chain functioning across the country is completely clueless over the ever-increasing raw cotton and cotton yarn prices…

May 21, 2022 00:15 IST

The steep rise in costs of raw materials and the shortage of chemical agents, has forced processing houses to run fewer shifts. Vipul Desai, for instance, is using his goodwill with fellow processors to source discharging agents and soda ash to be able to complete some orders. But he must return the raw materials in a week.

Rising costs, input shortages weigh on Surat textile cluster’s recovery

Weaving and processing units in Surat, the country’s biggest man-made fabric hub, are grappling with both input inflation and a…

April 18, 2022 05:45 IST

Related News

TCS layoffs: TCS recently decided to layoff 2% of its employees globally, which means 12,000 people.

‘TCS employee forced into early retirement after 30 years,’ claims Reddit user; IT firm responds

8th Pay Commission big update: Centre assures early constitution of 8th CPC – Here’s what central employees should expect

ITR filing last date for 2025: Income tax return deadline extension likely? Check ITR due date for every assessee

US Jobs, foreign jobs in US, working in US, American jobs for foreigners, foreign worker restrictions

US proposes a 25% tax on companies for hiring foreign workers

The post drew a range of reactions. Many users said such discrepancies were common. “Every time it happened, but people don’t care, that’s why they are charging too much,” one user wrote.

Swiggy user flags 81% higher bill, sparks a debate on online delivery pricing

Vedanta-JAL deal: A premature move

Business1 hr ago

Vedanta has offered Rs 17,000 crore for Jaiprakash Associates’ assets, but will need approvals that could take 3-6 months. This is surprising as the businesses do not align with Vedanta’s core portfolio, but the payment terms are favorable. However, the turnaround visibility is unclear, and there are concerns about the strategic fit.

View all shorts