Browsing: tea

Tirupur Exporters Association (TEA) appealed spinning mills to not stop the supply of cotton yarns as it’s affecting apparel units. The mills are not taking any new orders and have stopped production said President, TEA in a letter to associations.

The Amended Technology Upgradation Fund Scheme (A-TUFS), which has come as a breather to the crisis-ridden textile industry, is expected to spur investment to the tune of $15 billion.

Severe competition on global level and lack of initiatives and direction on the domestic front have made a dent in India´s textile exports with a dip in figures for FY 2014-15, diminishing the scope of achieving the cherished goals. S Joseph & M Karthik take an overall look at the scene.

Some States have upped their ante in textiles, declaring it a ´sunrise industry´ and by improving infrastructure and policies, they promise to lend a helping hand to the Indian Government´s efforts to carve out a bigger slice in global textile trade. Joseph S and Karthik M recount the story with details.

Some States have upped their ante in textiles, declaring it a ´sunrise industry´ and by improving infrastructure and policies, they promise to lend a helping hand to the Indian Government´s efforts to carve out a bigger slice in global textile trade. Joseph S and Karthik M recount the story with details.