Search Results: spinning (2842)

India’s textile sector is under stress with 2019 turning out to be a challenging year. The country’s exports of textile and apparel declined by 4.3 per cent to $22 billion in the first seven months of FY2020 (April-November). While cotton yarn was a major casualty with 37 per cent decline (whereby exports to China alone halved), growth of apparel exports continued to be anemic.

The production of the Textile Engineering Industry (TEI) recorded a decrease of 1 per cent viz. Rs 6,865 crore in 2018-19 as against Rs 6,900 crore achieved during 2017-18.

Today, Bangladesh is the world’s second largest readymade garment exporting country, generating approximately $ 30 billion in export value every year.

Nitin Spinners, Sudiva Spinners and Lagnam Spintex in Rajasthan, all highly renowned spinning mills, were formed by fathers and are now looked after by their sons.