Govt likely to extend two-year debt moratorium for textile units
The government plans to extend the two-year moratorium for debt repayments by textile units as the units are already struggling caused by the goods and...
Tag : textileindustry
Intex South Asia 2019 – International Textiles Sourcing Show of South Asia
The influential and established textiles sourcing show, Intex South Asia 2019, is going to take place at BMICH, Colombo, from 13-15 November 2019. In its...
Cheaper yarn imports hurting domestic textile players
Imports of cheaper yarn from countries such as China and Indonesia are hurting India’s textile industry. A large number of small and medium yarn producing units are on...
Govt.Inks 16 MoU’s to Push Textile Manufacturing
The government has entered into 16 MoUs with various textile companies to set up manufacturing facilities at Kakatiya mega Textile Park in Warangal. The government has...
Ahmadabad: Textile traders go on strike
Textile traders of Ahmadabad announced a bandh on recently following a near-fatal attack on leading businessmen in the textile processing sector. The case has been...
VIP Industries hoping for a 9 to 10 percent growth
On the back of an economic slowdown in the country, VIP Industries Ltd is hoping for a 9 to 10 percent growth in its revenue...