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Knitted fabrics excluded from MEIS benefits!
The government has announced a revised list of textile products eligible for benefits under Merchandise Export from India Scheme (MEIS).The fresh list issued by the DGFT included exports of cotton fabrics to Bangladesh and Sri Lanka for 2% credit benefits, but excluded value-added items like knitted fabrics under MEIS scheme.
Organic textile drive picks up steam
Does going organic make better business sense in textiles? This is one of the major questions that pop up today in every meeting bordering on sustainability in textiles. The humanity has to draw a line somewhere and say such & such textile products are harmless to the skin, environment and to life itself.
RSWM's $1-bn dream
The esteemed journey of the RSWM Limited (formerly known as Rajasthan Spinning & Weaving Mills Ltd), a LNJ Bhilwara Group company, started in 1961. Since the formation, RSWM has been one of the largest textile manufacturers in India, primarily producing the best quality of yarns like synthetic, blended, mélange, cotton, speciality and value added yarns suitable for suitings, shirtings, hosiery, carpet, denim, technical textiles and industrial applications.
Yarn Expo Autumn 2015 returns in Oct
Yarn Expo Autumn 2015 will take place for the first time in the National Exhibition and Convention Center (Shanghai), a bigger venue that is closer to China’s textile manufacturing hubs in surrounding provinces, from 13-15 October.
The cotton shake-up
Cotton was the first fibre for mankind. Its history is replete with controversies.
Samuel Joseph attempts to delve into some of the recent contentious issues that have blurred the white gold´s image.
Cotton industry deserves higher incentives: Texprocil
Cotton yarn exports touched $4.5 billion, and cotton fabric $2.13 billion during 2013-14. Cotton home textiles achieved exports of $4.79 billion, according to TEXPROCIL (Cotton Textiles Export Promotion Council.)
China will remain net importer of cotton & yarn
Seasonal fluctuations in demand should not be construed as no activity in the market. Even though export performance is almost on track while comparing month on month export,