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Coronavirus impact on textile industry
March 2020
The textile industry is keeping its fingers crossed over the emerging threat of coronavirus in the months to come.
Industry on ‘wait-n-watch’ mode
March 2020
The textile industry is keeping its fingers crossed over the emerging threat of coronavirus in the months to come.
COVID-19 hurts textile exporters
March 2020
Textile and clothing exporters have started feeling the impact of Covid-19 because of supply chain disruptions, fall in exports and cancellation of international events
End GST disparity to gain global share
March 2020
India’s textile exports have plateaued during the past five to seven years. The domestic textile and apparel industry, including handicrafts, stood at $140 billion in 2018, of which $40 billion was exported to the world market.
SIMA hails marginal increase in duty drawback rates
March 2020
Ashwin Chandran, Chairman, The Southern India Mills’ Association (SIMA) has thanked the Duty Drawback Committee and the Government for considering the inputs given by the textiles and clothing industry and enhancing the rates marginally across the value chain.
Lenzing completes 2nd pilot plant for Tencel Luxe yarn
March 2020
Lenzing completed second pilot production plant for its filament yarn Tencel Luxe. Construction of the facility involving investments of Euro 30 million could be concluded after 20 months.
WPI inflation for apparel dips 0.8% in January 2020
March 2020
India’s annual rate of inflation, based on monthly wholesale price index (WPI), for January 2020, stood at 3.1 per cent over January 2019.
Industry should focus on long-term goals
March 2020
Incorporated in 2005, Palod Himson Machines is engaged in manufacturing, supplying, trading and exporting yarn and fabric processing machines.
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