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Ready to scale new heights
With 7 medals in Tokyo Olympics, India registered its highest medal tally in any Olympics.
Surat textile units suffer due to coal crisis
The coal crisis in the country has hit the textile processing units very badly in Surat. Nearly 400 units, employing close to 500,000 people, plan to cut down production from next month because of rising coal prices.
Heralding positive changes
Easy availability of raw material, world-class textile machinery and other support services have made cotton the growth engine of the Indian textiles and clothing (T&C) industry
Textile industry hit as Chinese firms halt production
According to a report by Nikkei Asia, a crackdown on energy consumption has affected approximately 160 energy-intensive companies, including electronics, textile, dyeing and chemical fibre industries.
Fitch predicts fall in cotton produce due to less rain
Fitch Solutions said that it expects cotton production in India to fall by 1% year-on-year to 28.3 million 480lb bales in 2021-22 due to lacklustre rainfall throughout July and August, the main planting times.
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