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Rising cotton prices hurting Indian textile industry
July 2021
Steep increase in cotton prices will not only affect the industry and squeeze margins, but will also lead to higher prices in apparel and textile goods for domestic consumers, says Ashwin Chandran, Chairman, The Southern India Mills’ Association (SIMA)
Fluctuating fuel prices dangerous for textile units
July 2021
As per the industrialists in Coimbatore, the raw material prices are already high due to the lockdown scenario but with the rising fuel prices, raw material prices have risen further.
Smriti Zubin: Cotton yarn prices to be studied
June 2021
A third-party study has been demanded by Smriti Zubin on the sudden spike in cotton yarn prices. This price hike has affected the prospects across the value chain of Indian textiles.
Probe yarn prices to prevent supply chain imbalance
June 2021
According to The Apparel Export Promotion Council (AEPC), the supply chain imbalance can be prevented by a probe into the sudden spike in cotton yarn prices.
Pakistan’s textile exports increase by 18.9% in FY21
June 2021
Pakistan’s textile export in FY21 has registered a growth of 18.9% and is currently standing at $13.7 billion. The same for May 21 registered a growth of 41.1% and is standing at $1.06 billion.
India to become world’s main cotton producer: Report
June 2021
The consumption of cotton will be more than its supply in 2021, according to the report by IndexBox. This will cause a high price of cotton and a reduction in the global cotton stock.
Bring yarns under Essential Commodities Act: FOGWWA
June 2021
The Federation Welfare of Gujarat Weaver’s Association (FOGWWA) wants that all types of yarn used in weaving fabrics, should be included under the Essential Commodities Act.
Fluctuating yarn rate trouble Ludhiana producers
June 2021
The textile and garment producers in Ludhiana are relieved with the easing of lockdowns but with the fluctuating rates of yarn, they are worried. Yarn is the biggest raw material in the industry.
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