Tag: CARE Ratings

CARE Ratings has reaffirmed Trident’s credit ratings with a ‘stable’ outlook

admin- May 7, 2024

The organisation continues to prioritise stakeholder interests and leverages its strengths to navigate challenges effectively.  Trident Group, a vertically integrated textile and Paper manufacturer was ... Read More

PM MITRA Parks to generate $ 6 bn investment

admin- November 1, 2021

PM Mega Integrated Textile Region and Apparel (PM MITRA) scheme is expected to bring fresh capital investment of $ 5.5-6.0 billion and in turn create ... Read More

Better demand is likely to keep domestic cotton prices firm

admin- September 1, 2021

Cotton prices have remained volatile for quite some time. The textile industry has raised the issue of rising domestic cotton prices with the government. If ... Read More

Cotton-based textiles benefit the most from RoDTEP

admin- September 1, 2021

According to CARE Ratings, cotton-based textile products emerge as a clear winner with additional incentives of Rs 750-850 crore in the new rates of rebate ... Read More

RoDTEP favourable to cotton-based textile: CARE Ratings

admin- August 20, 2021

According to the rating agency, cotton-based textile products emerge as a clear winner with additional incentives of Rs 750-850 crore in the new rates of ... Read More

China Plus One policy to give fillip to Indian home textile exports

admin- June 1, 2021

In this interview, Pulkit Agarwal, Associate Director, CARE Ratings, analyses the performance of Indian home textiles industry and the effect of the second Covid wave ... Read More

MMF output declines in first 3 months of FY21

admin- March 1, 2021

During April-December 2020, output of MMF declined by 18.2 per cent y-o-y to 1,319 thousand tonnes on a cumulative basis. The production had fallen sharply ... Read More