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New Delhi   Procedure for second hand textile machinery imports to be simplified Mr. E V K S Elangovan Union Minister of State for Textiles said Central Government is working out modalities to simplify procedures for importing second hand textile machinery. Abolition of quota system in textile industry created a boom in the industry a...more by Textile Intelligence Tuesday, 21st February 2006View more news from [ New Delhi ] [ India ] Anti Dumping investigation against Chinse POY initiated The Designated Authority in the Commerce Ministry has initiated an anti-dumping investigation against import of polyester partially oriented yarn (POY) from China to determine the existence, degree and effect of alleged dumping of the subject goods origin...more by Textile Excellence Saturday, 14th January 2006View more news from [ New Delhi ] [ India ] Cabinet will discuss SAFTA today The Union Cabinet approves South Asian Free Trade Agreement (SAFTA), which is to come into effect from January 1, 2006 this will be held in a Cabinet meeting today, 29 December. The Cabinet may also take up the Hong Kong WTO ministerial declaration for th...more by Textile Intelligence Wednesday, 28th December 2005View more news from [ New Delhi ] [ India ] Govt proposes to set up Jute Technology Mission The Government admitted that there is a proposal to set up a jute Technology Mission (JTM). This will require an investment of Rs 355 crore. Regarding this, Union Textiles Minister of India Mr Shankar Singh Vaghela has informed Rajya Sabha, that the propo...more by Textile Excellence Thursday, 01st December 2005View more news from [ New Delhi ] [ India ] No withdrawal of Textiles Committee cess: Vaghela The Union Government is not in favour of withdrawing the Textile Committee cess as large amounts of cess are yet to be recovered, Shankarsinh Vaghela, Union Textiles Minister, said here on Wednesday. Addressing the annual Economic Editor's Conference or...more by Textile Excellence Thursday, 24th November 2005View more news from [ New Delhi ] [ India ] India: Government provides health cover to handloom workers Government has provided a diwali bonanza to around one million textile weavers and allied workers by launching a health insurance scheme....more by Textile Intelligence Saturday, 05th November 2005View more news from [ New Delhi ] [ India ] RBI allows banks to issue L/C for ECB by textile units To enhance the credit flow in the textile industry, the Reserve Bank of India has allowed the banks to issue bank guarantees or standby letters of credit, in respect of external commercial borrowing (ECB) raised by textile companies....more by Textile Excellence Sunday, 30th October 2005View more news from [ New Delhi ] [ India ] Textiles Ministry to set up 25 textile parks in two years The Union Cabinet has approved the Textile Ministry`s proposal to set up 25 textile parks in two years. According to sources, IL&FS would be the nodal agency, which would facilitate the whole course of action....more by Textile Excellence Tuesday, 18th October 2005View more news from [ New Delhi ] [ India ] Govt funding cleared for Textile sector During the April-September period this year, the Government of India cleared projects worth Rs 96,000 crore from power, steel, coal and textiles sector, an official spokesperson informed the media....more by Textile Excellence Monday, 17th October 2005View more news from [ New Delhi ] [ India ] JCI to carry out commercial trading of Jute The textiles ministry has allowed jute Corporation of India (JCI) for commercial buying and selling of the commodity....more by Textile Intelligence Thursday, 04th August 2005View more news from [ New Delhi ] [ India ] Govt set guidelines for the Scheme for Integrated Textile Parks Indian Govt. has set out the guidelines for the 'Scheme for Integrated textile parks (SITP)', aimed at establishing 25 new textile parks...more by Textile Intelligence Thursday, 04th August 2005View more news from [ New Delhi ] [ India ] Indian Govt to set up 25 Apparel Park Govt. of Textileintelligence.com/news/index.php?ns=India" target="_blank" title="Click to see all the articles,category wise, having the word 'India' in the Headlines or Body.">India has unveiled plans to set up 25 large Textile parks to boost exports and meet its targets. "The cabinet has approved the setting up of 25 integrated Textile parks...more by TextileIntelligence Monday, 25th July 2005View more news from [ New Delhi ] [ India ] India: Textile ministry to merge two key textile schemes to accelerate development The Ministry of Textiles is planning to merge two existing infrastructure development schemes viz., Textile Centres Infrastructure Development Scheme (TCIDS) and Apparel Parks for Export (APE) Scheme to enhance overall development of production facilities...more by Textile Intelligence Monday, 06th June 2005View more news from [ New Delhi ] [ India ] India: Exporters highlight their problems to Mr Vaghela The Textile Minister, Mr Shankarsinh Vaghela, on Wednesday, 25th May convened a meeting of textile Exporters and charimens of various textile export promotion councils, including cotton, apparel, carpet, jute and handicrafts, in order to get a grasp of th...more by Textile Intelligence Wednesday, 25th May 2005View more news from [ New Delhi ] [ India ] Mr Vaghela updates Rajya Sabha on Indian Textiles Exports performance Shri Shankersinh Vaghela, Minister of Textiles informed the Rajya Sabha on April 28th 2005 about Indian Textiles current performance globally and also its position vis- a- vis China post quota....more by Textile Intelligence Saturday, 30th April 2005View more news from [ New Delhi ] [ India ] India: Report on transition from DEPB to duty Drawback this week Government is willing to come up with a WTO compatible Duty Drawback scheme in regard to which the Minister of State for Commerce and Industry has informed the Rajya Sabha that a three member committee has been set up with Mr Saumitra Chaudhari as the Cha...more by Textile Intelligence Thursday, 21st April 2005View more news from [ New Delhi ] [ India ] India: Textile processing sector to get 10% capital subsidy with 5% interest subsidy Cabinet Committee on Economic Affairs has in a major decision provided the Processing sector 10 per cent capital subsidy and 5 per cent interest subsidy....more by Textile Intelligence Wednesday, 20th April 2005View more news from [ New Delhi ] [ India ] India: DGAD slaps antidumping duties on NBR imports from EU, Mexico & Brazil Directorate General of Andti Dumping has recommended an anti dumping duty on imports of acrylonitrile Butadiene Rubber(NBR) from EU except from Germany, Brazil and Mexico....more by Textile Intelligence Sunday, 10th April 2005View more news from [ New Delhi ] [ India ] INDIA: Maneka Gandhi calls for boycott of Australian wool Member of Parliament and animal rights activist Ms Maneka Gandhi has shot-off a letter to 250 Indian companies asking them to stop using Australian wool...more by Textile Intelligence Sunday, 06th February 2005View more news from [ New Delhi ] [ India ] India: Duty free import of textile R&D equipments up to 25 per cent of the F.O.B value ensured Similar to Pharmaceutical and biotechnology sectors Centre has decided to extend the scheme of duty free import of R& D equipments up to 25 per cent of the F.O.B. value of exports to the textiles industry...more by Textile Intelligence Wednesday, 19th January 2005View more news from [ New Delhi ] [ India ] EU and India agreed to boost trade in Textile and other areas India and the EU have agreed to find areas of common interest in the ongoing trade negotiations in the WTO and to work for the progress of the Doha Round. This was indicated during the bilateral discussions with visiting Trade Commissioner Peter Mandelso...more by TextileIntelligence Friday, 14th January 2005View more news from [ New Delhi ] [ India ] India: Tax Holiday under section 10B of Income Tax Act extended to units in DTA & converted to 100% EOU Commerce Ministry has clarified that factories set up in the Domestic Tariff Area (DTA) which later converted to 100 percent EOU would qualify for availing benefits under section 10 B of the Income Tax Act...more by TextileIntelligence Friday, 14th January 2005View more news from [ New Delhi ] [ India ] INDIA: Revised DEPB rates to boost textile exports post MFA In a major boost to the export efforts of the textile trade Post MFA, government has enhanced/revised the Duty-Entitlement Pass Book (DEPB) rates for textile products....more by Textile Excellence Friday, 31st December 2004View more news from [ New Delhi ] [ India ] India: Premkumar replaces Habibullah as the new Textiles Secretary In a recent administrative restructuring, IAS officer Mr. R. M. Premkumar......more by Textile Excellence Wednesday, 01st December 2004View more news from [ New Delhi ] [ India ] India: CCI to procure more crop to stabilise market price The Centre has asked the cotton Corporation of India (CCI) to undertake unlimited procurement of the crop......more by Textile Excellence Friday, 22nd October 2004View more news from [ New Delhi ] [ India ] India: Textile Ministry draws plans to make industry competitive The Ministry of Textiles has drawn a three-way strategy to help textile and clothing sector to face global competition...more by Textile Excellence Wednesday, 20th October 2004View more news from [ New Delhi ] [ India ] India: Govt mulls over ‘technology mission’ concept Citing ‘cotton production’ and ‘manufacture of textiles’ as the two areas of concern, the Cabinet Committee on Economic Affairs might soon introduce technology mission on cotton......more by Textile Excellence Thursday, 26th August 2004View more news from [ New Delhi ] [ India ] India: States in consultation to finalise VAT rates As the VAT regime would come into effect from April 1st 2005, State governments are in consultation to finalise VAT rates......more by Textile Excellence Saturday, 21st August 2004View more news from [ New Delhi ] [ India ] WTO emergency meet to tackle textile quota abolition issues The World Trade organisation (WTO) is likely to hold an emergency meeting of the Council for Trade in Goods (CTG), following the proposal of Mauritius for the adjustment of costs related to the quota abolition....more by Textile Excellence Tuesday, 10th August 2004View more news from [ New Delhi ] [ India ] Textile Sector may get Rs 4000 crore TUF aid for 2004-05 The Government of India has proposed to disburse Rs 4,000 crore to the textile sector under the Technology Upgradation Fund Scheme (TUFS) during 2004-2005...more by Textile Excellence Friday, 06th August 2004View more news from [ New Delhi ] [ India ] INDIA: South India to have the largest silk reeling facility To compensate for the huge import of silk from China, India is setting up its largest silk reeling facility in South India to produce international quality yarn...more by Textile Excellence Friday, 06th August 2004View more news from [ New Delhi ] [ India ] India: Finance Ministry clarifies confusion about the CENVAT issue With a view to do away with the confusion that was created from the choice offered to the textile industry to move in or out of the CENVAT, the government has recently made certain clarifications......more by Textile Excellence Tuesday, 20th July 2004View more news from [ New Delhi ] [ India ] India: Commerce ministry rejects EU’s offer of 30 percent additional quotas The new Commerce ministry has rejected EU’s offer to increase textile quotas......more by Textile Excellence Monday, 19th July 2004View more news from [ New Delhi ] [ India ] India: A new quota rule bans transfer of textile export quotas In a move to put an end to the misuse of textile quotas, the Union Minister for Textiles, Shri Shankersinh Vaghela has directed to stop sale of transfer of quotas of readymade garments......more by Textile Excellence Friday, 09th July 2004View more news from [ New Delhi ] [ India ] India: Highlights of the Budget 2004-05 To assist in better understanding of the proposals for the Indian textile sector, Textile Intelligence brings for its viewers, the Budget highlights......more by Textile Excellence Thursday, 08th July 2004View more news from [ New Delhi ] [ India ] Textile debt restructuring scheme to undergo modification The Textile Ministry sources have informed, the current debt-restructuring scheme has not performed up to the expectations, hence is expected to undergo modifications....more by Textile Excellence Saturday, 19th June 2004View more news from [ New Delhi ] [ India ] Govts’ duality on EU quota offer generates curiosity The government sources have denied out rightly rejecting the EU offer, particularly, if the exceptional facilities are extended to use the increased Quota in any of the categories of India’s choice....more by Textile Excellence Thursday, 01st April 2004View more news from [ New Delhi ] [ India ] TexMin proposes new textile legislation With a view to have access to authentic statistical information about all the textile sectors in the free trade regime, the Textile Ministry has proposed a new act called the Textile Act 2004......more by Textile Excellence Tuesday, 16th March 2004View more news from [ New Delhi ] [ India ] WTO Ruling On European Textile GSP by Wednesday The much awaited findings of the Appellate body of the World Trade Organisation on the panel ruling against the EUropean GSP is expected by wednesday March 10th 2004....more by Textile Excellence Tuesday, 09th March 2004View more news from [ New Delhi ] [ India ] No sales tax On silk sarees-Delhi High Court A division bench of Chief Justice, BC Patel and Justice BD Ahmed of Delhi High Court has ordered that Silk Sarees can not be subjected to sales tax...more by Textile Excellence Monday, 01st March 2004View more news from [ New Delhi ] [ India ] IDBI planning US$300 million ECB for textiles recast After the US$300 million external commercial borrowing (ECB) for the steel sector, it's now the turn of the textile sector....more by Textile Excellence Wednesday, 28th January 2004View more news from [ New Delhi ] [ India ] Additional 5% quota for RMG exporters Just days after the fixing the 10 percent annual quota level, the Ministry has opened additional five percent First-Come-First–Serve (FCFS) quota......more by Textile Excellence Monday, 19th January 2004View more news from [ New Delhi ] [ India ] India: ICMF urges for debt restructuring According to B K Krishnaraj Vanavarayar, the Chairman of Indian Cotton Mills’ Federation (ICMF), the association has approached the government for a Debt Restructuring Fund (DRP) for textile mills....more by Textile Excellence Saturday, 17th January 2004View more news from [ New Delhi ] [ India ] FinMin exempts yarns and fabrics from excise duties Government has now exempted in-house consumed yarns and fabrics from excise duty, which was overlooked in the recently passed mini budget....more by Textile Excellence Friday, 02nd January 2004View more news from [ New Delhi ] [ India ] EU To Challenge WTO Panel Ruling On GSP Scheme The latest reports reaching the textiles ministry indicated that Brussels would appeal against a World Trade Organisation panel's ruling in the European Union's Generalised System of Preferences (GSP) scheme......more by Textile Excellence Monday, 22nd December 2003View more news from [ New Delhi ] [ India ] Umbrella organization for textiles coming up! Thanks to the Reliance Industries’ initiative, the textile industry would now have an umbrella organization to deal with “conflicting” interests among various bodies and sub-groups......more by Textile Excellence Friday, 05th December 2003View more news from [ New Delhi ] [ India ] Ministry plans a debt restructuring fund for textiles Inaugurating the seventh Asian Textile Conference, the Minster of State for Textile Mr. GN Ramachandran said the government was considering creating a debt-restructuring fund for the textiles industry...more by Textile Excellence Tuesday, 02nd December 2003View more news from [ New Delhi ] [ India ] Tough conditions imposed for External Commercial Borrowings The Finance Ministry has tightened the external commercial borrowings (ECB) guidelines bid to control the inflow of foreign exchange and also prevent appreciation of rupee....more by Textle Excellence Thursday, 13th November 2003View more news from [ New Delhi ] [ India ] Additional textile quota to be released for US and EU At the request of the SRTEPC, the Government has released an additional quantity of 1.2 million Sq. metres under the FCFS Ready Goods system for......more by Textile Excellence Friday, 10th October 2003View more news from [ New Delhi ] [ India ] Debt Restructuring Package modified to benefit textile mills Indian Cotton Mills Federation has modified the debt-restructuring package for the viable and potentially viable textile mills by extending it to units with a minimum debt exposure of Rs. 2 crore and those with costly loans with a maturity period of over...more by Textile Excellence Tuesday, 16th September 2003View more news from [ New Delhi ] [ India ] Shahnawaz to announce fresh package for jute industry Union textile minister, Mr Shahnawaz Hussain is expected to announce a fresh package for the survival of the jute industry in Kolkata....more by Textile Excellence Tuesday, 02nd September 2003View more news from [ New Delhi ] [ India ] Govt's efforts to rescue the jute industry Govt. has planned under its technology mission to help out the jute industry in a similar fashion as the khadi was done few years back......more by Textile Excellence Monday, 25th August 2003View more news from [ New Delhi ] [ India ] Rupees 70 crore for J&K textiles Two lakh artisans of Jammu and Kashmir will be given Artisans Credit Card(ACC) this year for the timely and adequate availability of working capital......more by Textile Excellence Tuesday, 19th August 2003View more news from [ New Delhi ] [ India ] Textile industry in UP and TN may have contract labour It is expected that Tamil Nadu and Uttar Pradesh may soon bring in legislation to allow contract labour selectively to reform textiles sector......more by Textile Excellence Monday, 18th August 2003View more news from [ New delhi ] [ India ] Invest in our textiles, invites Lesotho BethEUel Pakalitha Mosisili, Prime Minister of Lesotho, has offered an invitation to the Indian investors to invest in the country......more by Textile Excellence Wednesday, 06th August 2003View more news from [ New Delhi ] [ India ] SC upholds penalty on silk importer The Supreme Court has set aside the Customs Excise and Gold (Control) Appellate Tribunal's order allowing a firm to sell goods immediately after the import, not complying with the condition of licence for re-export of finished or semi-finished goods....more by Textile Excellence Friday, 25th July 2003View more news from [ New Delhi ] [ India ] India’s cotton textile exports slips 20% to non-quota markets According to an ICRA report, India’s exports of cotton yarn, fabric and cotton apparel to the non-quota markets dropped sharply, during April-September, 2005. Exports registered a 20 % decline to non quota market compared to the corresponding period last...more by Textile Intelligence Monday, 06th February 2006View more news from [ New Delhi ] [ India ] Nepal emerges as largest garment exporter to India The domestic market has been seeing Nepal as the largest readymade garment exporter ahead of China, since the end of textile quotas. Sources said Nepal was the top exporter to the country during the first five months of the current fiscals accounting 18.5...more by Textile Intelligence Wednesday, 18th January 2006View more news from [ New Delhi ] [ India ] IOC to delay PTA plant commissioning Indian Oil Corp. Ltd.'s (IOC) petrochemical project in Panipat which is also to manufacture PTA as well is running behind schedule by almost two months according to the reports available....more by Textile Intelligence Tuesday, 17th January 2006View more news from [ New Delhi ] [ India ] India: Textile productions shows highest growth of 29.4%, reports CSO index of industrial production (IIP) with base 1993-94 for the month of March 2005 was released on May 12 2005 by the Central Statistical Organisation (CSO), as many as 14 of the 17 two-digit industry groups have shown positive growth during the month of...more by Textile Intelligence Friday, 13th May 2005View more news from [ New Delhi ] [ India ] India: JCT fabrics to double sales in 3 years The Thapar Group's textile company plans to expand capacity, add a garment manufacturing facility and double sales in three years...more by Textile Intelligence Saturday, 12th March 2005View more news from [ New Delhi ] [ India ] India: US embargo on 2 shirt categories for exceeding quota THE US Customs has embargoed two categories of shirts from India ­ 340/640 and Group II ­ and there is also a likelihood of embargo in two other categories shortly for exceeding the quota....more by Textile Intelligence Friday, 07th January 2005View more news from [ New Delhi ] [ India ] INDIA: Apparel manufacturers reach out to US buyers Indian apparel manufacturers are gearing up for the long anticipated end of the textile and apparel quotas by increasing production capacity and expanding their sales efforts to reach U.S. retailers and importers of branded apparel....more by Textile Excellence Monday, 17th May 2004View more news from [ New Delhi ] [ India ] Cultivation of Bt cotton reduces cost: University study A new study conducted by University of Agricultural Sciences, Dharwad has come out in favor of the genetically modified cotton. According to the study, cultivation of Bt cotton results in......more by Textile Excellence Friday, 10th October 2003View more news from [ New Delhi ] [ India ] International technical consultants sought to aid Indian textile industry Indian textile and apparel industry is expanding its capacity to compete with other countries in the post quota scenario. Analysts believe insufficient skilled personnel is a major problem hampering industry progress and it requires foreign consultants to...more by Textile Intelligence Tuesday, 10th January 2006View more news from [ New Delhi ] [ India ] SAFTA likely to favour the Bangladesh’s textile industry Bangladesh’s textile industry may be favored by the SAFTA deal, largely for its low-cost manufacturing advantage, helping to get preferential access to the huge India market....more by Textile Intelligence Friday, 06th January 2006View more news from [ New Delhi ] [ India ] SAFTA likely to favour the Bangladesh’s textile industry Bangladesh’s textile industry may be favored by the SAFTA deal, largely for its low-cost manufacturing advantage, helping to get preferential access to the huge India market....more by Textile Intelligence Friday, 06th January 2006View more news from [ New Delhi ] [ India ] Synthetic fibre industry seeks 4% common Cenvat The synthetic fibre industry has petitioned the Government seeking a 4 per cent common Cenvat rate on all types of textile fibres, with an option to stay in the Cenvat chain or not....more by Textile Excellence Friday, 25th November 2005View more news from [ New Delhi ] [ India ] India: FICCI for cut in excise, custom duties for textile sector In its pre budget memorandum FICCI has asked Finance Ministry to reduce duties on raw materails and to bring it lower than the finished products....more by Textile Intelligence Thursday, 24th November 2005View more news from [ New Delhi ] [ India ] India to slash duties on Bangladeshi textiles: report According to the sources, the Indian government is planning to slash duties on a wide range of Bangladeshi textile imports....more by Textile Excellence Wednesday, 21st September 2005View more news from [ New Delhi ] [ India ] India: Textile industry burdened by high power costs The latest data released by the International Textile Manufacturers’ Federation points out that the textile industry has been feeling the heat of excessive power costs......more by Textile Excellence Tuesday, 03rd August 2004View more news from [ New Delhi ] [ India ] India: Study stresses need for non-tariff competitiveness Investment Information and Credit Rating Agency's (ICRA) recent report suggests that the non-tariff barriers may act as the crucial constraints for the Indian apparel exporters......more by Textile Excellence Saturday, 05th June 2004View more news from [ New Delhi ] [ India ] India analyses technical textiles’ growth prospects Tata Consultancy Services (TCS) has been assigned to conduct a study to identify the requirements to boost the production operations of technical textiles in the industry......more by Textile Excellence Monday, 19th April 2004View more news from [ New Delhi ] [ India ] India: Planning Commission terms end of quota restrictions a ‘watershed event’ Terming the end of quota restrictions a "watershed event" in the history of international trade in textiles and clothing, Planning Commission Member N. K. Singh has urged the textiles exporting countries to be vigilant about other forms of trade restricti...more by Textile Excellence Wednesday, 07th April 2004View more news from [ New Delhi ] [ India ] ITCB meet to discuss post quota issues The 39th Annual Council Session of the International Textile and Clothing Bureau (ITCB) kick-started at New Delhi yesterday....more by Textile Excellence Tuesday, 06th April 2004View more news from [ New Delhi ] [ India ] Demerger of Indo Rama’s DTY business on the cards According to the industry sources, Indo Rama Synthetics is apparently planning to demerge its Draw Texturised Yarn (DTY) business and combine it with Indo Rama Textiles....more by Textile Excellence Wednesday, 24th March 2004View more news from [ New Delhi ] [ India ] CII study suggests mergers in textiles According to a Confederation of Indian Industries (CII) study, formation of informal business groups among clusters would enhance returns and capacity utilisation to the maximum in the industry......more by Textile Excellence Monday, 01st March 2004View more news from [ New Delhi ] [ India ] India not in favour of new quotas At the recently held EU-India Joint Working Group (JWG) on Textiles and Clothing, India expressed that the EU’s proposal to impose quotas , would be inconsistent with the Agreement on Textiles and Clothing...more by Textile Excellence Saturday, 14th February 2004View more news from [ New Delhi ] [ India ] Euratex may follow US's footsteps in safeguard measures Stiff conditions that the EU is placing for textile imports, may land Indian textile industry in trouble post 2004....more by Textile Excellence Friday, 21st November 2003View more news from [ New Delhi ] [ India ] Invista focusing in Asia for Lycra and apparel business Invista strengthen its position in Lycra with further investment in plants, people, products and brands in Asia, including a reorganisation of its Apparel business in the region...more by TextileIntelligence Friday, 28th January 2005View more news from [ New Delhi ] [ India ] Corporate India on Investment drive A survey of 248 companies, conducted by the Federation of Indian Chambers of Commerce and Industry, shows that 89 per cent of the respondents have fresh investment plans in the near future....more by Textile Excellence Friday, 26th March 2004View more news from [ New Delhi ] [ India ] The upward movement at NYCE may be short lived China’s inclination to buy US upland cotton has led to modest increase in the NYCE cotton futures due to fund buying last week....more by Press Release Monday, 08th March 2004View more news from [ New Delhi ] [ USA ] High cotton prices hurt textile mills Late rains in Guajarat, Madhya Pradesh and Maharashtra have made times difficult for cotton textile mills as cotton prices have soared by almost 25% since July 2003....more by Textile Excellence Saturday, 25th October 2003View more news from [ New Delhi ] [ India ] Govt to make import of textile machinery easier In order to meet the short fall, the Indian Government is planning to liberalise import of textile machinery and encourage joint ventures for domestic manufacturing. While inaugurating the 36th India International Garment Fair Mr. Qaiser Shamim, Joint Sec...more by Textile Intelligence Tuesday, 24th January 2006View more news from [ New Delhi ] [ India ] Dip in India's textile imports to China "China has become the leading source of the country's textile imports over the last five years," said an industrial study assessment. The president of Associated Chambers of Commerce (ASSOCHAM) Anil K. Aggrawal, who released the report, said Chinese texti...more by Textile Intelligence Saturday, 07th January 2006View more news from [ New Delhi ] [ India ] India: Exports generate one million jobs in 2004-05 - Kamal Nath Shri Kamal Nath, Union Minister of Commerce & Industry, has said that exports have generated an incremental direct employment of one million jobs in the year 2004-05, over the previous year. He said this while releasing this year's Annual Supplement to th...more by Textile Intelligence Saturday, 09th April 2005View more news from [ New Delhi ] [ India ] India: Import of used clothing pegged at Rs. 278 crore in 2003 - 04 Admitting that the import of used clothes competes unfairly with the domestic industry, Textile Minister, Mr Shankersinh Vaghela on March 11 said the government has imposed restrictions on such imports....more by Textile Intelligence Friday, 11th March 2005View more news from [ New Delhi ] [ India ] India: DGFT clarifies eligibility for deemed export benefits The Directorate General of Foreign Trade (DGFT) has issued Public Notice No.44 today (Jan 14), clarifying eligibility for deemed export benefits under the Foreign Trade Policy...more by TextileIntelligence Friday, 14th January 2005View more news from [ New Delhi ] [ India ] India: Cotton importers ask for ICA arbitration provision in NFTP The industry has asked the government to include a provision in the National Foreign Trade Policy (NFTP) instructing arbitration by the Indian Council of Arbitration (ICA) as a mandatory condition of import of cotton......more by Textile Excellence Tuesday, 31st August 2004View more news from [ New delhi ] [ India ] India: IIFT to draft a report on impact of EU’s enlargement The Indian Institute of Foreign Trade (IIFT) in association with the Federation of Indian Export Organisations (FIEO), is actively involved in preparing a report on the impact of EU’s enlargement on India’s exports.....more by Textile Excellence Thursday, 22nd April 2004View more news from [ New Delhi ] [ India ] India says no to EU’s 30 percent quota offer India has refused to accept EU’s offer of 30 percent additional quotas......more by Textile Excellence Tuesday, 23rd March 2004View more news from [ New Delhi ] [ India ] Calamity in store for US textile industry The situation for the American textile industry is only getting worse. One important factor is the quota that......more by Textile Excellence Tuesday, 18th November 2003View more news from [ New Delhi ] [ India ] Rising rupee takes the sheen away from the On an average, the garment expoters have been suffering a loss of Rs 1 lakh on each export consignment valued at 1 million during the past few months....more by Textile Excellence Friday, 14th November 2003View more news from [ New Delhi ] [ India ] Interim remedy for apparel consignment blocked by EU The Apparel Export Promotion Council (AEPC) seems to have found an interim remedy to an export consignment of 3.1 million sweatshirts to the European Union, that is stranded in transit, following an embargo put by the 15 member states....more by Textile Excellence Thursday, 13th November 2003View more news from [ New Delhi ] [ India ] HHEC needs concerted effort to increase its exports To increase the exports of handloom and handicraft sector Textile Minister Syed Shahnawaz Hussain has urged the Handicrafts and Handloom Exports Corporation (HHEC) of India to focus on the development of this sector....more by Textile Excellence Monday, 10th November 2003View more news from [ New Delhi ] [ India ] No export subsidy to Textiles and Apparels: TexMin In a recent submission to the WTO secretariat, India had reiterated that no export subsidies were being provided for textile and apparel products under various schemes of the current export and import policy....more by Textile Excellence Friday, 05th September 2003View more news from [ New Delhi ] [ India ] India: Deep Impex to launch Kewl Apparel in India Kewl International has entered into an agreement with Deep IMPEX Consultants of Ludhiana, offering it exclusive rights to distribute and manufacture KEWL apparel in India......more by Textile Excellence Wednesday, 22nd September 2004View more news from [ New Delhi ] [ India ] Woolmark to provide Cashmere look alike woolmark company is expected to make available finest quality look-alike of cashmere at one-fourth the price of the real thing....more by Textile Excellence Saturday, 25th October 2003View more news from [ New Delhi ] [ India ] India: Cotton textiles are high on Q2 results In the year 2004-05, the export of cotton based textile items consisting of cotton yarn, fabrics, made-ups and ready-made garments stood at US$7.76 billion, whereas the exports of man-made textile items was at US$ 2.56 billion....more by Textile Intelligence Monday, 07th November 2005View more news from [ New Delhi ] [ India ] India: Abhishek Industries has resume Commercial Production of new plant Ludhiana based Abhishek Industries Ltd announced commercial production of their new open end Yarn plant today...more by TextileIntelligence Friday, 14th January 2005View more news from [ New Delhi ] [ India ] India: IOC to put up new 600 KT PP plant using Basell´s Spheripol technology Indian Oil Corporation (IOC) has decided on Basell´s Spheripol technology for its very first venture into the field of polyolefins......more by Textile Excellence Wednesday, 22nd December 2004View more news from [ New Delhi ] [ India ] India: Spentex would invest Rs 80 crore in capacity expansion Spentex Industries Ltd has decided to invest nearly Rs. 70-80 crore to expand its capacity from the existing 40,000 spindles......more by Textile Excellence Thursday, 11th November 2004View more news from [ New Delhi ] [ India ] Textile sector in India tops the chart in 2005 In a recent study conducted among thirty five industries, textile was one of the best performers during October-December 2005 compared to October-December 2004, sources said here. During October-December 2005 the total net profit of 235 textile companies...more by Textile Intelligence Thursday, 16th February 2006View more news from [ New Delhi ] [ India ] Adidas-Salomon posts record earnings Adidas-Salomon's net profit grew by 21% to Euro 314 million last year with 7% higher sales in currency-neutral terms. The company’s record earnings were driven by...more by TextileIntelligence Friday, 28th January 2005View more news from [ New Delhi ] [ India ] PSF prices hiked by Indo Rama The polyester manufacturer Indo Rama Synthetics (IRSL) has increased the basic price of polyester staple fibre (PSF) from Rs 64 per kg to Rs 64.50 per kg, effective from March 1, 2004....more by Textile Excellence Wednesday, 03rd March 2004View more news from [ New Delhi ] [ India ] Indo Rama, Zimmer alliance for Rs. 900 crore project Leading polyester producer Indo Rama has entered into an alliance with German construction and engineering company Zimmer AG...more by Textile Excellence Friday, 23rd January 2004View more news from [ New Delhi ] [ India ] IIGF fair generates million of dollars worth of orders : The 36th India International Garment Fair (IIGF), which concluded on Jan 26th , generated business worth over $80 million, recording an over 15% growth over the previous edition. 340 exhibitors across India showcased their 2006 autumn/winter collection...more by Textile Intelligence Friday, 27th January 2006View more news from [ New Delhi ] [ India ] A stitch in time Delhi’s national museum is currently showcasing clothes, some which have crossed the 7 seas and some as early as the 13th century. Named ‘Masters of the Cloth: Indian textiles Traded to Distant Shores’, TAPI collection, the fabrics reveal liberal borrowi...more by Textile Intelligence Sunday, 13th November 2005View more news from [ New Delhi ] [ India ] 34th India International Garment Fair to be held in Jan ‘05 at Delhi One of the world's largest and most popular apparel fair - 34th India International Garment Fair (IIGF) will begin from Jan 23 – 25, 2005 at Pragati Maidan, New Delhi......more by Textile Excellence Wednesday, 29th December 2004View more news from [ New Delhi ] [ India ] Indian textile industry optimistic about free trade opportunities Indian textile industry is emitting positive vibes with regards to its export growth in the quota free regime....more by Textile Excellence Monday, 01st March 2004View more news from [ New Delhi ] [ India ] 32nd India International Garment Fair to begin on Jan 28th Apparel Export Promotion Council (AEPC) with support from the government is organizing a three-day garment fair titled 32nd India International garment Fair (IIGF 2004)....more by Textile Excellence Saturday, 24th January 2004View more news from [ New Delhi ] [ India ] Production Management Seminar by AOTS and Juki. A two-day Production Management Seminar to provide practical training to over a 100 production heads of the country's leading apparel houses has been planned......more by Textile Excellence Wednesday, 03rd December 2003View more news from [ New Delhi ] [ India ] Ministry decides to package all textile exhibitions under one label In yet another endeavour to help the $12 billion domestic textile export industry to counter the opportunities and challenges in free trade era, the textile ministry is planning to merge over a dozen export promotion events under one mega event....more by Textile Excellence Monday, 18th August 2003View more news from [ New Delhi ] [ India ] India: A conspiracy called fashion forecasting There is a conspiracy running in the name of fashion forecasting, where it is decided much in advance what the person will wear in the coming season....more by Textile Intelligence Thursday, 24th November 2005View more news from [ New Delhi ] [ India ] J C Penny to source apparel from India As per its plans to make India as its major apparel sourcing hub, senior officials from the global retail chain major JC Penny would hold meetings......more by Textile Excellence Friday, 30th January 2004View more news from [ New Delhi ] [ India ] Govt planning Indian fashion week on foreign shores Encouraged by the success of Lakme India Fashion Week with Liberty, the government has planned to organise its own fashion events in Paris and Milan......more by Textile Excellence Tuesday, 26th August 2003View more news from [ New Delhi ] [ India ] India: BTRA development receives national recognition For some time now, Bombay Textile Research Association (BTRA) had undertaken a project to modify the existing handlooms so that handicapped persons also can operate easily......more by BTRA Press Release Thursday, 16th December 2004View more news from [ New Delhi ] [ India ] Powerloom modernization committee set up Concentrating on the speedy modernisation of the decentralised powerloom sector, the government has taken steps to introduce an effective machinery to facilitate this process...more by Textile Excellence Sunday, 27th July 2003View more news from [ New Delhi ] [ India ] NIFT to train weavers in five clusters Under the Cluster Development Programme, the National Institute of Fashion Technology (NIFT) has proposed to train local artisans under the Swaranjayanti Gram Swarozgar Yojana (SGSY) Scheme of the Ministry of Rural Development....more by Textile Intelligence Thursday, 29th December 2005View more news from [ New Delhi ] [ India ] Textile industry plays vital role in Indian economy, says Vaghela Union Minister of Textiles Shankarsinh Vaghela has shown satisfaction over the performance of textile industry. Mr Vaghela said that the textile industry plays a very vital role in the Indian economy because it contributes towards industrial production, e...more by Textile Excellence Tuesday, 20th September 2005View more news from [ New Delhi ] [ India ] India: Minister of Textiles launches website for SME segment The Union Minister of Textiles, Shri Shankersinh Vaghela launched the website www.Indianfashiononline.net in Delhi on 3rd June....more by TextileIntelligence Friday, 03rd June 2005View more news from [ New Delhi ] [ India ] India: AEPC to set up Nine more Training & Design Centers The Apparel Export Promotion Council is to set up nine more Apparel Training & design Centres (ATDC) in various parts of the country...more by TextileIntelligence Thursday, 13th January 2005View more news from [ New Delhi ] [ India ] Orient Craft plans Rs 2,000cr textile SEZ in Hyderabad The Punjab based Nahar Industrial Enterprises Ltd, is putting up a denim plant with at an investment of Rs 150 crore. The new unit is located at Lalru in Patiala in an area of 50 acres and will commence production by first quarter next year....more by Textile Excellence Wednesday, 30th November 2005View more news from [ New Delhi ] [ India ] Bhawani Textiles to hit capital market soon. In keeping with the current market trend, another IPO will be hitting the Indian market soon. With an investment plan of over Rs 70 crore in the next one year, Bhawani Textiles Ltd (BTL), a leading hosiery manufacturer, will shortly enter the capital mark...more by Textile Intelligence Saturday, 24th December 2005View more news from [ New Delhi ] [ India ] India: Ginni Filaments to set up new units at Rs 2.04billion Ginni Filaments is going for expansion by starting new units at Faridabad in Haryana and Chhata in Uttar Pradesh....more by Textile Intelligence Monday, 24th October 2005View more news from [ New Delhi ] [ India ] DCM Textiles plans Rs 70 cr expansion. DCM Textiles Ltd, a part of the DCM Group, has announced an investment outlay of Rs. 70 crore in the next two years for increasing its production capacity....more by Textile Intelligence Saturday, 22nd October 2005View more news from [ New Delhi ] [ India ] Integration Programme:Ginni Filament goes for forward integration Buoyed by the current global trend Ginni Filaments LIMITED (GIN NI) has planned to expand the existing spinning capacity, to start manufacturing Non woven fabrics and also has plans to venture into garments manufacturing...more by Textile Excellence Monday, 10th October 2005View more news from [ New Delhi ] [ India ] Nahar Group to expand Retailing business. The Nahar Group is planning to expand its garment retailing business in association with the brand Cotton County....more by Textile Excellence Wednesday, 28th September 2005View more news from [ New Delhi ] [ India ] Ban on Chinese exports enhances Indian exports The US and EU tightening up on Chinese exports is working in favour of Indian exporters, who raked in big sales in these markets in 2005 in most of the products where Chinese shipments have been reduced....more by Textile Intelligence Wednesday, 04th January 2006View more news from [ New Delhi ] [ India ]

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