The Modi government´s maiden budget was a balanced one and they did a commendable job with the time constraints they had.
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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.)
On behalf of the Clothing Manufacturers Association of India, representing over 2,000 manufacturers and 15,000 retailers, I would like to congratulate the Finance Minister for his balanced, growth oriented, and manufacturing friendly budget presented.
The Budget reflects the pragmatic outlook of the government. The government has taken the initial steps in the direction of sustainable economic revival and growth.
The French group CTC, worldwide leader in quality assurance for leather, leather goods, footwear, textile and fashion industries, continues to serve manufacturers and brands globally with its international expansion and development of its Asian Hub, strengthening its services with the opening of a laboratory in India.
Global yarn production increased in Q1/2014 compared to the last quarter in 2013 due to higher output in Asia, North America, and Europe, and despite a drop in South America. On an annual basis yarn production increased as well even though output levels
The US Federal Trade Commission (FTC) has recently approved its final changes to the wool products labelling rules, which now incorporate the Wool Act´s new definitions for cashmere and fine wools