Textile industry

Its revenue from operations was up 9.8% to Rs 2,150.18 crore during the quarter under review, as against Rs 1,958.10 crore in the year-ago period New Delhi: Diversified group Raymond Ltd on Tuesday reported a 25.84 per cent decline in its...

Around 120 managing directors of spinning mills discussed various issues including cotton prices and freight rates Coimbatore: Textile entrepreneurs have discussed key issues to bring in stability in the sector eyeing a reduction in cotton prices and freight charges, an...

Higher in-home consumption due to increased stay-at-home period and a sharper focus on health and hygiene amid the pandemic are helping Indian home textile exporters weave their way out of the downturn faster than other textile segments. Revenue de-growth for home...

The size of India's textile market is expected to touch USD 250 billion in the next two years from USD 150 billion now, a senior Government official said. "We see tremendous growth potential for the textile industry and it is...

Textile industry has urged the GST Council to lower the service tax on job work related to made-ups and garment sector, saying the proposed 18 per cent tax would escalate the prices of final goods making them uncompetitive in...

To boost the textile sector, the government has been taking a series of steps including launching of Technology Mission on Cotton (TMC) and the Technology Upgradation Fund Scheme (TUFS) to enable modernisation and upgradation of the textile industry both...

Domestic textile industry could attract $55 billion investments and create job opportunities for a 65.4-million workforce by 2010, provided reforms are initiated at quicker speed, says a study. With continuing bottlenecks in place, the projected investment for 2010 could fall...