The budget has a progressive tone. The impetus on boosting manufacturing, infrastructure, inland fisheries and agriculture sectors bode well as this would aid in boosting the economy as a whole.
Browsing: Industry Update
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.
An expert panel constituted by the government on Monday submitted the draft of the new National Textiles Policy, which aims to achieve $300 billion exports by 2024-25, and creation of additional 35 million jobs by attracting investments.
Yarn Expo Autumn 2014 will be held in Hall N4 at the Shanghai New International Expo Centre from October 20 to 22, 2014. With an exhibition area standing at 5,000 sqm, nearly 150 overseas and domestic yarn suppliers will participate in this edition, while many of them say they will showcase their latest eco products.
Welspun India Ltd (WIL), part of the $ 3 billion Welspun Group has announced Q1-FY15 results, showing strong growth in revenue and profitability in comparison to the corresponding period last year.
Spaces Home & Beyond of Welspun has launched a ?Hygro Comfort? range of products in India. The Hygro cotton yarn is a new proprietary spinning technology for yarn and has already been patented internationally.
First, the cotton price in India firmed up slowly in the last six months, and since the international prices were lower, there has been higher import largely coming from African countries into India. It is still continuing,